Dubai has set a new record for the highest volume of real estate transactions in a single day.
According to data from the portal Property Finder, 515 transactions worth over AED 888 million were registered on Sunday, November 24.
It’s the highest since 2008 when data became publicly available.
The most expensive home registered on November 24 was a 5-bedroom penthouse in JBR, worth AED 33 million.
Off-plan units dominated sales transactions on that day, accounting for 387 out of the 515 deals.
H.H. Sheikh Hamdan praises progress of Dubai Cashless Strategy
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has praised the progress of the Dubai Cashless Strategy, with cashless transactions now accounting for 90.1 per cent of all transactions in the Emirate.
UAE to participate in annual IMF, World Bank meetings in Bangkok
A UAE delegation is set to participate in the annual meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), taking place in Thailand's Bangkok from October 12-18.
Beauty World Dubai draws 62,000 visitors despite tough year for events
Beauty World Dubai has wrapped up its 30th edition at the Dubai World Trade Centre, drawing more than 62,000 visitors from over 170 countries
Nakheel awards contract to upgrade western shoreline at Dubai Islands
Nakheel, a member of Dubai Holding Real Estate, has awarded Mar Marine & Building Contracting LLC a contract for marine and beach works on Island B at Dubai Islands.
NMA and TikTok train young Arab media leaders in digital storytelling
The National Media Authority (NMA) has teamed up with TikTok to run a training session for young media professionals from across the Arab world.
10:00am - Noon
The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
Noon - 7:00pm
Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.
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!
