Emaar Properties PJSC announced it has achieved significant increase in first half profitability, underpinned by robust property sales and growth in the performance of recurring revenue businesses.

A total of 2,433 real estate transactions worth AED9.7 billion were conducted during the week ending 12th August, 2022, according to figures released by the Dubai Land Department.

Dubai real estate market recorded 508 sales transactions worth AED1.55 billion, in addition to 107 mortgage deals of AED879.54 million, and 10 gift deals amounting to AED29.32 million on Thursday, data released by Dubai's Land Department (DLD) showed.