INSEAD Day 4 - 728x90

Business, Economy

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Dubai records over US$653m in realty transactions on 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
September 5, 2022 9:15 pm
  • Dubai real estate market recorded 568 sales transactions worth US$373 million on Monday.
  • The sales included 503 villas and apartments worth US$283 million and 65 land plots worth US$88 million.

DUBAI, UAE – Dubai real estate market recorded 568 sales transactions worth US$373 million (AED1.37 billion) on Monday, data released by Dubai’s Land Department (DLD) showed.

Additionally 93 mortgage deals of $53 million ( AED197.58 million) and 23 gift deals amounting to $233 million (AED858.27 million), the DLD revealed.

The sales included 503 villas and apartments worth $283 million (AED1.04 billion) and 65 land plots worth $88 million (AED323.78 million).

Mortgages included 71 villas and apartments worth $44 million (AED164.78 million) and 22 land plots valued at $8.9 million (AED32.8 million), bringing the total realty transactions to over $653 million (AED2.4 billion).

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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