Dubai property boom

Is Dubai off-plan boom facing reality check on flipping risk?

Cranes stand at a construction site in Dubai. The value of off-plan transactions experienced a notable increase of around 30 per cent year on year. — Reuters file Apartments remain the engine of growth, accounting for 84 %of all off-plan transactions and generating Dh19.52 billion in valueDubai’s off-plan residential market is powering into 2026 with strong momentum, but mounting debate over...

37,000 Dubai homeowners have become ‘accidental millionaires’ thanks to rising property market

Dubai’s $10 million+ homes market smashes records with $2.6 billion of sales in Q2, , data shows The Palm Jumeirah was once again the leading location for $10 million+ sales, with 28 properties changing hands Around 37,000 property buyers in Dubai have become “accidental millionaires” as they bought properties for less than $1 million that are now worth more, solely due to price inflation,...

Dubai’s summer property boom defies seasonal slowdowns

Growing number of residents are transitioning from renting to buying Tower in Downtown Dubai. The city recorded more than Dh430 billion worth of real estate transactions in 2024.. Photo: Supplied photo The sweltering summer months in Dubai are not cooling off the city’s red-hot real estate market. In fact, new data confirms that summer has become the busiest time of year for property sales...

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