- April 16, 2026
- 1
- News&Media
Customers can access 3 real estate services through Dubai Now app. First phase of Dubai Exhibition Centre expansion valued at $2.7bln. $87m One Park Square development in JVC sells out in 4 hours.
Renewable Energy in Dubai Real Estate: Solar Power and Green Innovations
Dubai is reshaping its real estate sector through sustainability, focusing on solar power, energy-efficient designs, and smart technology. These innovations lower costs, increase property value, and attract eco-conscious investors, contributing to a sustainable future and aligning with the city’s 2050 clean energy goals.
Dubai: Now, customers can access 3 real estate services through this app
Dubai Land Department now offers three real estate services—Property Status Inquiry, Ownership Certificate Request, and Property Valuation Request—through the Dubai Now platform. This move aligns with the Services 360 policy to enhance service flexibility, accessibility, and customer satisfaction.
Dubai real estate: $87m One Park Square development in Jumeirah Village Circle sells out in 4 hours
Dubai real estate firm IMAN Developers sells out One Park Square in Jumeirah Village Circle in just four hours.
Medallion Associates launched an Institutional Investors Office to attract global capital to Dubai’s real estate sector, aligning with Dubai’s Economic Agenda D33. This initiative aims to tap into the $4 trillion in GCC sovereign wealth, supporting growth as Dubai’s property market continues to see record-breaking sales and strong investor confidence.
Dubai Marina tower residents ‘locked out’ after new facial ID system? Tenants clarify viral claims
Dubai’s Marina Crown tower residents faced issues with a new face-scanning access system, causing some to be locked out. Legal residents supported the change to curb overcrowding and illegal subletting. Overcrowding and illegal partitions led to safety concerns, prompting the move to facial recognition access.
My key takeaways from Dubai’s Real Estate Strategy 2033
As a proud Emirati, I am immensely grateful for our nation’s forward-thinking leaders. The UAE has been operating at the forefront of world-class innovation and urban development for many years, and nowhere is this truer than in Dubai.
Inside Dubai’s Sky Palace, the Burj Khalifa penthouse on sale for $49.5m
A $49.5 million penthouse on the 108th floor of Dubai’s Burj Khalifa is for sale. The Sky Palace is a shell requiring $20 million in renovations, with a potential resale value of $110 million. AI-generated imagery illustrates the design potential of this trophy property, drawing global interest.
How are Indian investors shaping the real estate boom at Expo City Dubai?
The podcast covers Expo City’s investment appeal, emphasizing its strategic location, infrastructure, and affordability. Indian investors lead residential and commercial purchases, ranging from AED 1.8 million to AED 4.9 million. Expo City aligns with Dubai’s 2040 vision, positioning itself as a logistics hub and hosting future global events.
UAE real estate: New property tech firms turn to data as market booms
The entry of the new breed of tech players comes at a time when data security is emerging as a major challenge for the traditionally operating real estate industry.
Pasquale Natuzzi unveils first Natuzzi-branded residential project, Natuzzi Harmony Residences
Natuzzi unveils its first residential project, Natuzzi Harmony Residences, in Dubai Islands. Featuring 50 luxury apartments inspired by Mediterranean aesthetics, this project blends Italian elegance with Emirati culture. Fully customisable interiors and high-end amenities offer a complete lifestyle experience. Completion is set for June 2026, redefining luxury living.
Dubai Real Estate Transactions as Reported on the 13th of November 2024
The real estate market in Dubai experienced notable activity on 13 November 2024, with a total transaction value reaching AED 1.65 billion. This commentary provides a breakdown of the contributions of both off-plan and ready properties to this figure, highlighting the activity within different property types, and providing insights into market preferences.
Total Market Snapshot
The total real estate transactions on 13 November 2024 reached AED 1,654,876,004, with Off-Plan properties contributing 51.5% and Ready properties making up the remaining 48.5%. This balance indicates a healthy interest in both new developments and existing properties, demonstrating the diversity in buyer preferences in Dubai’s dynamic property landscape.
Off-Plan Properties: A Detailed Breakdown
Off-plan transactions accounted for a total of AED 852,980,472, representing 51.5% of the total transactions. The breakdown within the off-plan segment was as follows:
- Flats emerged as the most significant contributor, with AED 675,807,037, accounting for 79.2% of the off-plan total. This suggests a strong demand for upcoming apartment developments, which may be attributed to competitive pricing and modern amenities in new projects.
- Villas contributed AED 122,539,262, making up 14.4% of the off-plan category. This highlights continued interest in luxury and spacious living options.
- Hotel Apartments & Rooms recorded AED 41,488,126, contributing 4.9% to the off-plan total, showing the ongoing appeal of investment properties aimed at the tourism and hospitality sectors.
- Commercial Properties contributed AED 13,146,046, accounting for 1.5% of the off-plan market. This relatively small share suggests that buyers are more inclined towards residential off-plan opportunities compared to commercial.
Ready Properties: A Closer Look
The ready property segment saw total transactions of AED 801,895,532, accounting for 48.5% of the day’s total transactions. The contributions of various sub-categories are as follows:
- Flats contributed AED 511,756,872, representing 63.8% of the ready property total, indicating robust demand for immediately available apartments. This aligns with the preference for properties that offer instant occupancy or rental income.
- Villas accounted for AED 147,432,217, or 18.4% of the ready property market, demonstrating a significant interest in upscale ready-to-move-in residences.
- Hotel Apartments & Rooms registered AED 17,072,120, contributing 2.1% to the ready segment. This indicates moderate activity in the hospitality sector.
- Commercial Properties in the ready category contributed AED 125,634,323, making up 15.7% of the total ready property transactions. This suggests a stronger presence of commercial property activity within the ready market as compared to the off-plan segment.
Conclusion
The data from 13 November 2024 shows a balanced interest between off-plan and ready properties in Dubai, reflecting the city’s diverse real estate market. With 51.5% of transactions focused on off-plan properties, there is evident enthusiasm for future developments, likely driven by attractive payment plans and modern infrastructure. Meanwhile, the 48.5% share for ready properties highlights sustained demand for immediate ownership and rental opportunities.
Within both categories, flats remained the most dominant type of property, reflecting a continued preference for vertical living in Dubai’s urban centers. Villas also maintained a significant share, underscoring Dubai’s appeal as a destination for luxury living. The performance of commercial and hospitality sectors shows that Dubai’s property market continues to cater to a broad spectrum of investors and end-users. As Dubai continues to grow, these trends provide a glimpse into the evolving preferences of buyers and investors, paving the way for future growth and diversification in the city’s real estate sector.
