Dubai's week-long real estate transactions hit AED7.8 billion

Friday, 15 April 2022 21:14

By ARN News Staff

A total of 1,968 real estate transactions worth AED7.8 billion were conducted in Dubai during the week ending April 15.

According to figures released by the Dubai Land Department, 246 plots were sold for AED1.49 billion, in addition to 1,312 apartments and villas for AED 2.96 billion.

A total of 66 plots of land and 264 apartments and villas were mortgaged for AED1.07 billion and AED1.8 billion respectively.

Eighty properties were granted between first-degree relatives worth AED497.69 million.

#Dubai @Land_Department executes AED 7.8 billion in real estate transactions this week. pic.twitter.com/mcoWpZkGa8
— Dubai | دبي (@DubaiTrends) April 15, 2022

More from Business News

ADNOC, Gecko Robotics sign deals to accelerate AI, robotics, skills training

ADNOC and Gecko Robotics have expanded their strategic partnership with three new agreements to explore deploying robotics and artificial intelligence (AI) across ADNOC’s operations and boosting future skills training for UAE nationals.
Maktoum bin Mohammed chairs Board meeting of Federal Tax Authority

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and Chairman of the Board of the Federal Tax Authority (FTA), chaired the latest FTA Board meeting, during which he reviewed development projects.
UAE’s first AI-designed business complex launched in Sharjah

Al Marwan Developments has launched its pioneering project, “District 11”, the UAE’s first smart work resort designed using artificial intelligence, setting a new benchmark for urban innovation and economic vitality in Sharjah and the wider UAE.
ADNEC Group to host two of world’s largest events simultaneously in Abu Dhabi, London

ADNEC Group is set to demonstrate its international prowess by simultaneously hosting two of the world’s largest events at Excel London and ADNEC Centre Abu Dhabi from November 3-6.
China's Xi pushes for global AI body at APEC in counter to US

Chinese President Xi Jinping took centrestage at a meeting of APEC leaders on Saturday to push a proposal for a global body to govern artificial intelligence and position China as an alternative to the United States on trade cooperation.

News

Light rainfall expected in UAE over coming days
The UAE is expected to experience unstable weather conditions from November 3 to November 7, with a chance of light to moderate rainfall as the season transitions from autumn to winter, according to local authorities.
Mohammed bin Rashid Al Maktoum Global Initiatives resumes food aid to Gaza
In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) has announced the resumption of food aid deliveries worth AED43 million to the Gaza Strip,
DoH launches Future Health Initiative
Under the directives of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Future Health – A Global Initiative by Abu Dhabi (Future Health) has been launched by the Department of Health – Abu Dhabi (DoH).

Dubai's week-long real estate transactions hit AED7.8 billion

More from Business News

News

Our Shows

Quick Links

Listen on the Go

Dubai's week-long real estate transactions hit AED7.8 billion

Share

More from Business News

News

Our Shows

Quick Links

Listen on the Go