INSEAD Day 4 - 728x90

Business, Economy

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Agthia profit, dividend jump

Transformation lifts earnings, cash generation.

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Dubai records over US$435m in realty transactions Monday

The DLD report showed that 323 plots were sold for AED 3.33 billion, while 2,237 apartments and villas were purchased for AED 5.37 billion. (WAM)
By TRENDS Desk
October 10, 2022 11:42 pm
  • Dubai real estate market recorded 445 sales transactions worth $321 million.
  • The market witnessed 68 mortgage deals of $121 million and 37 gifts deals amounting to $16 million.

DUBAI, UAE – Dubai real estate market recorded 445 sales transactions worth US$321 million (AED1.18 billion), in addition to 68 mortgage deals of $121 million (AED445.38 million) and 37 gifts deals amounting to $16 million (AED61.34 million) on Monday, data released by Dubai’s Land Department (DLD) showed.

The sales included 423 villas and apartments worth $266 million (AED977.17 million) and 22 land plots worth $55 million (AED203.92 million).

While mortgages included 57 villas and apartments worth $50 million (AED184.33 million) and 11 land plots valued at $71 million (AED261.05 million), bringing the total realty transactions on Monday to over $435 million (AED1.6 billion).

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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