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Business

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 records over $762 million in realty transactions Thursday

The emirate recorded 61,000 sales real estate deals in the first half of 2023.
By Hilal Mir
January 6, 2023 4:24 pm
  • These included 516 sales transactions worth AED1.73 billion, in addition to 71 mortgage deals of AED596.74 million.
  • The sales included 455 villas and apartments worth AED1.5 billion, and 61 land plots worth AED235.09 million.

Dubai, UAE—Dubai real estate market recorded deals worth AED2.8 billion ($762 million) on Thursday, Dubai Land Department said.

These included 516 sales transactions worth AED1.73 billion, in addition to 71 mortgage deals of AED596.74 million, and 26 gift deals amounting to AED503.85 million.

The sales included 455 villas and apartments worth AED1.5 billion, and 61 land plots worth AED235.09 million. The mortgages included 63 villas and apartments worth AED537.64 million and 8 land plots valued at AED59.1 million.

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