RPM reported net profit of Dh49.39 million during 2023
business2 days ago
A total of 2,157 real estate transactions were recorded in Dubai during the week ending 03 February 2023, the value of which totalled more than Dh9 billion, data from the Dubai Land Department showed on Friday.
Overall, 237 plots were sold for Dh1.56 billion, while 1,920 apartments and villas were sold for Dh5.77 billion.
The top three land transactions were a plot land in Al Wasl sold for Dh147.5 million, followed by another for Dh112 million in Island 2. At third place was another plot at Al Wasl for Dh147.5 million in Al Wasl.
Al Hebiah Fifth recorded the most transactions for this week with 108 sales transactions worth Dh383.71 million, followed by Al Yufrah 1 with 28 sales transactions worth Dh163.27 million, and Al Hebiah Fourth with 14 transactions worth Dh149 million.
The top three transfers for apartments and villas were an apartment was sold for Dh410 million in Island 2. Second on the list was a property sold for Dh220 million in Business Bay, and a third sold for Dh125 million in Palm Jumeirah.
The sum of the amount of mortgaged properties for the week was Dh1.68 billion, with the highest being a land in Al Barsha South Fourth, mortgaged for Dh324 million.
74 properties were granted between first-degree relatives worth Dh665 million.
RPM reported net profit of Dh49.39 million during 2023
business2 days ago
Both parties must be taxable; or become taxable as a result of the transfer
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Values reach an annual $2.6 billion in gross written premiums
business2 days ago
The special incentive allows eligible companies to obtain interest-free loans of a maximum of Dh300,000 with a grace period of 6 to 12 months
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The regional upswing also defies oil production cutbacks
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This success was underpinned by a robust 19% growth in total income
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The group’s asset base surpassed Dh900 billion
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Issuance is spread across three maturity periods — five, 10 and 30 years
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