Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

Dubai realty sector posts record sales in 2022

  • market experienced a record-breaking performance in 2022 in terms of sales, volume and value, according to media reports.
  • For luxury properties, the market registered an increase in growth by 97 percent in terms of value and 85 percent in terms of volume, reports said.

Dubai, UAE–The Dubai property market experienced a record-breaking performance in 2022 in terms of sales, volume and value, according to media reports.

For luxury properties, the market registered an increase in growth by 97 percent in terms of value and 85 percent in terms of volume, a report by real estate data portal DXBinteract.com said.

TRENDS takes a look at how the sector performed in 2022: