Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Business

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Dubai real estate market records $925 million in daylong transactions

The value of real estate deals was $172 billion in 2023.
By TRENDS Desk
January 23, 2024 8:23 pm
  • The sales included 446 villas and apartments worth AED949.04 million, and 64 land plots worth AED411.67 million.
  • On Monday, emirate recorded 715 sales transactions worth AED2.28 billion, in addition to 201 mortgage deals of AED993.9 million.

Dubai, UAE — Dubai’s real estate market recorded 510 sales transactions worth AED1.36 billion on Tuesday, in addition to 210 mortgage deals totaling AED1.95 billion, and 30 gift deals amounting to AED165.56 million, data released by Dubai’s Land Department (DLD) showed.

The sales included 446 villas and apartments worth AED949.04 million, and 64 land plots worth AED411.67 million.

The mortgages included 188 villas and apartments worth AED1.71 billion and 22 land plots valued at AED236.22 million, bringing the total realty transactions of today to over AED 3.4 billion ($925 million).

On Monday, the emirate recorded 715 sales transactions worth AED2.28 billion, in addition to 201 mortgage deals of AED993.9 million, and 30 gift deals amounting to AED76.3 million.

The sales included 653 villas and apartments worth AED1.65 billion, and 62 land plots worth AED624.87 million

The mortgages included 178 villas and apartments worth AED696.76 million and 23 land plots valued at AED297.14 million, bringing the total realty transactions of today to over AED3.3 billion.

[adinserter block="5"]

Most Read

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

UAE’s working mothers get extended maternity leave

The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

[adinserter block="4"]