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Business

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Dubai records over $517 million in realty transactions

Dubai tops the list among the world’s top luxury real estate markets.
By Hilal Mir
February 21, 2023 3:31 pm
  • These included 561 sales transactions worth AED1.7 billion, in addition to 100 mortgage deals of AED94.43 million.
  • The sales included 527 villas and apartments worth AED1.43 billion, and 34 land plots worth AED268.94 million.

Dubai, UAE — Dubai real estate market recorded real estate transactions worth AED1.9 billion ($517 million) on Monday, Dubai Land Department said.

These included 561 sales transactions worth AED1.7 billion, in addition to 100 mortgage deals of AED94.43 million, and 61 gift deals amounting to AED65.91 million.

The sales included 527 villas and apartments worth AED1.43 billion, and 34 land plots worth AED268.94 million. The mortgages included 57 villas and apartments worth AED131.13 million and 43 land plots valued at AED94.43 million.

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INSEAD Day 4- 300x600
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