Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Dubai records realty transactions worth $463m on Thursday

The Dubai real-estate market recorded total realty transactions worth over AED1.7 billion ($463 million) on Thursday. (WAM)
  • The transactions included 331 sales worth AED1.24 billion ($337.64 million), the DLD data showed
  • They are also said to have included 77 mortgage deals worth AED390.84 million ($106.42 million)

The Dubai real-estate market recorded total realty transactions worth over AED1.7 billion ($463 million) on Thursday, April 14, according to data from the Dubai Land Department (DLD).

The transactions included 331 sales worth AED1.24 billion ($337.64 million), the DLD data showed.

They are also said to have included 77 mortgage deals worth AED390.84 million ($106.42 million).

This was apparently in addition to 24 gift transactions amounting to AED79.48 million ($21.64 million).

The sales included 250 villas and apartments worth AED574.87 million ($156.53 million), according to the data.

Besides, a total of 81 plots of land worth AED662.51 million ($180.4 million) were also sold.

Meanwhile, the mortgages included 58 villas and apartments worth AED106.91 million ($29.11 million) and 19 plots of land valued at AED283.92 million ($77.31 million), according to the data.