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...
Top property developers in Dubai have neither reduced prices nor changed payment plans, as they enjoy exceptional liquidity positions and strong asset bases There is no huge drop in property prices due to the ongoing regional military conflict that could be termed “distressed assets,” said industry executives. They suggest that there are enough buyers in the market – especially UAE and GCC...
Dubai’s total residential inventory stood at roughly 935,000 units by end-2025, with about 46,700 homes delivered during the year.. Photo: File photo With strong demand and new listings, the market is poised for sustained activity, even as supply challenges loomDubai’s property boom is entering a new phase in 2026, with fresh data showing a surge in both buyer and seller activity — a rare dual...
More than 41,000 residents have registered for the Dubai’s First-Time Home Buyer (FTHB) Programme Developers in Dubai offer first-time property buyers priority access, two per cent discounts, flexible payment plans, and waived administration fees More property developers have joined Dubai’s First-Time Home Buyer (FTHB) Programme, giving UAE residents and investors more options to choose their...
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’s total residential inventory stood at roughly 935,000 units by end-2025, with about 46,700 homes delivered during the year.. Photo: File photo The market has clearly begun to normalise after rapid gains of 22 per cent in 2023 and 18 per cent in 2024, but demand fundamentals continue to underpin pricing and absorptionDubai’s residential market is entering a more measured phase after an...
Symbolic Developments, the real estate arm of Speedex Group, has launched its fourth residential project, Symbolic Altus, in Liwan, valued at Dh150 million As rental prices continue to climb across Dubai, a growing number of long-term tenants are making the leap to homeownership — fueling demand in the city’s mid-market, affordable luxury segment. Developers are responding with projects that blend...
KT reader wants to know if they can claim compensation after covering maintenance during an emergency situation during which the management did not send anyone for help Question: I live in a one-bedroom apartment in Dubai and recently experienced a maintenance emergency over the weekend. My kitchen flooded due to a clogged drain. I contacted my real estate company — which also manages...
Industry observers attribute this sustained momentum to a combination of factors — including Dubai’s investor-friendly tax regime, safe-haven appeal, world-class infrastructure, and the UAE’s long-term residency and golden visa programmes Dubai’s property market continues to defy global real estate headwinds, with the villa and townhouse segment emerging as the star performer in the third...
Real estate sales have reached unprecedented levels since the beginning of the year According to figures from the Dubai Land Department, Dubai real estate sales increased by 32.5% during the first nine months of this year. Dubai is witnessing one of the largest real estate booms in its history and shows no signs of slowing down, as per the latest data. According to figures from the Dubai Land...
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