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Business, Economy

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.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

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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