Property specialists note that Dubai’s current growth cycle is increasingly driven by long-term capital allocation rather than speculative trading.. Photo: File photo Transaction values rose 21.2 per cent year-on-year while volumes increased 4.35 per cent, highlighting a continued shift toward higher-ticket purchases Dubai’s real estate market maintained strong momentum in the first quarter of...
A view of the Dubai skyline. Activity remained strongest in the Dh5 million to Dh10 million bracket, which recorded 650 deals worth Dh4.54 billion.. Photo: File photo Developer sales in Dubai’s luxury residential segment reached Dh10.92 billion in March alone, with transaction volumes rising 42 per cent year-on-yearDubai’s luxury property market is continuing to attract deep-pocketed global...
Burj Azizi, the world's second-tallest tower, is coming up in Dubai. Photo: Azizi Developments The Dubai-based private developer is constructing thousands of new residential units and plans to build 151 new hotels across the emirate in the coming years Azizi Developments, a Dubai-based private property developer, plans to raise up to $1 billion (Dh3.67 billion) through a sukuk, according to its...
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...
Dubai Land Department signed a memorandum of cooperation with Masdar City, aiming to enable companies and establishments operating in the free zones under Masdar City to own land plots and properties under the freehold ownership system in Dubai, within a clear and comprehensive regulatory framework. This step is part of Dubai Land Department’s efforts to enhance the competitiveness of the emirate’s...
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...
The real estate market experienced exceptional growth over the past four years, driven by global demand, and is expected to grow 3-7% annually for the next 8 years Dubai property prices market will continue to see steady growth over the next 8 years with an increase of up to 7 per cent year-on-year and the market is unlikely to see any 'downturn' in the near future, said a top Dubai developer. "The...
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