The overall value of real estate transactions in Abu Dhabi reached AED 58 billion last year.
According to the department of municipalities and transport, there were 19,000 dealings in total, involving sales and mortgages of land, buildings and residential units.
Attractive payment plans and offers from developers are some of the key factors behind the growing numbers.
Al Reem Island topped the list of areas with the most number of transactions, followed by Yas Island, Al Reef and Al Shamkha.
India-New Zealand free trade pact to come into force on October 20
A free trade agreement between India and New Zealand, signed in April, will come into force on October 20, Indian trade minister Piyush Goyal said on Monday, as New Delhi seeks to boost exports and attract investment amid shifts in global trade.
Parkin implements smart parking system at Dubai Health facilities
Parkin has partnered with Dubai Health to implement a smart parking management system across its facilities, with the first phase launched at Rashid Hospital on Monday.
US and China begin talks ahead of Trump-Xi summit
Senior US and Chinese officials began talks in New York on Sunday aimed at preparing potential agreements ahead of a summit between President Donald Trump and Chinese President Xi Jinping this week.
Mohammed bin Rashid Leadership Forum to bring 1,000 leaders to Dubai
The Mohammed bin Rashid Leadership Forum will bring together 1,000 government and private-sector leaders at Dubai World Trade Centre on Wednesday.
Sharjah-Oman logistics corridor handles AED 1.7 billion in cargo
A logistics corridor linking Sharjah and Oman handled around AED 1.7 billion worth of cargo during its first three months of operation.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
