INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

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: