The Noble House – Page 47 – The Noble House

Dubai Real Estate Market Review 23-Apr-2026

Dubai Real Estate Weekly Market Analysis 23-Dec-2024

The total real estate transactions in Dubai for Week 51 reached AED 9.44 billion. Up 8.5%. Off-plan contributed 51.3% or AED 4.84 billion and Ready properties contributed 48.7% or AED AED4.59 billion. The total real estate transactions in Dubai for Week 51 amounted to AED9.44 billion, representing a significant growth of 8.5% compared to the previous week’s total of AED8.7 billion. This upward trend highlights sustained investor confidence and an active market, with contributions from both off-plan and ready properties. Category Breakdown Ready Properties: Represented 48.7% of the total, amounting to AED4.59 billion. This balance between off-plan and ready transactions showcases Dubai’s dual appeal for investors interested in new developments and those seeking immediate possession. Off-Plan Transactions Analysis Off-plan property sales dominated with AED4.84 billion, distributed across four sub-categories: The predominance of flats demonstrates a strong preference for residential units in under-construction developments. Top Areas by Off-Plan Value Business Bay emerged as the most active area, reflecting its prominence as a key hub for luxury developments and strategic location. Ready Property Transactions Analysis Ready properties accounted for AED4.59 billion, with the following contributions: Similar to the off-plan market, flats dominated ready sales, indicating a consistent investor preference for residential apartments. Top Areas by Ready Property Value The dominance of Dubai Water Canal showcases its growing reputation as a luxury hotspot. Key Insights and Comparison Conclusion Week 51’s real estate performance underscores Dubai’s position as a thriving global real estate hub. With balanced contributions from off-plan and ready properties, the market continues to attract a diverse array of investors. The focus on high-value areas such as Business Bay, Dubai Water Canal, and Burj Khalifa highlights the enduring demand for properties in prime locations.

April 17, 2026
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Dubai Real Estate Weekly Market Analysis 20-Apr-2026

Dubai Real Estate Transactions as Reported on the 19th of December 2024

Dubai recorded total real estate transactions worth AED 1.49 billion on 19 December 2024. The transactions were split into two primary categories: Off-Plan properties and Ready properties. Off-Plan Transactions Off-Plan properties contributed 53.2% of the total transactions, amounting to AED 793.8 million. This category’s breakdown is as follows: Ready Transactions Ready properties accounted for 46.8% of the total, reaching AED 699.4 million. The sub-category contributions are: Key Highlights Public Appeal and Market Outlook Dubai’s real estate market on 19 December 2024 showcased strong investor confidence across both Off-Plan and Ready properties. The dominance of Off-Plan properties indicates ongoing interest in future developments, while the significant Ready transactions reflect steady demand for immediate ownership. The market’s diverse offerings, from flats and villas to niche commercial and hospitality properties, ensure Dubai remains a leading global real estate hub. This balance of categories continues to attract a broad range of investors and end-users, reinforcing the city’s position as a dynamic and resilient market. Dubai Real Estate Market Review 20-Dec-2024 Insurance premiums for Dh1 million coverage cost Dh1,200–Dh2,000 annually for healthy borrowers. $5.6bln Dubai Metro Blue Line set to open on 09-09-2029. Landlords can increase rent by maximum of 20%. UAE: Why property buyers with a mortgage should have life insurance? Demand for term life insurance is rising in the UAE as mortgage buyers are required to secure it for added protection. Dubai’s off-plan property sales dominate, with Dh15.8 billion in transactions in November. Premiums for Dh1 million coverage cost Dh1,200–Dh2,000 annually for healthy borrowers. Dubai’s Real Estate Market Shines with AED 120 Million Villa Sale in Emerald Hills A record AED 120 million villa sale in Dubai’s Emerald Hills highlights the city’s booming luxury real estate market and profitability for HNW and UHNW investors. Custom-built villas in premium locations, driven by strong demand, offer exceptional returns, cementing Dubai’s status as a global hub for luxury living and investment. $5.6bln Dubai Metro Blue Line set to open on 09-09-2029 Dubai Metro’s AED 20.5 billion Blue Line, operational by September 2029, will span 30 km with 14 stations. Serving 200,000 daily passengers initially, it aims to ease congestion, boost property values, and connect key areas, benefiting a projected 1 million residents by 2040. Dubai ranks second in global real estate table where annual price appreciation is concerned Dubai ranks second globally for annual property value growth, with a 19.4% increase, behind Krakow’s 24.7%. eXp Realty attributes Dubai’s success to world-class infrastructure, progressive policies, and a thriving ecosystem, reinforcing its appeal as a top global investment and living destination. Dubai landlord raises rent by 30 per cent, tenant mulls legal action In Dubai, landlords can increase rent by a maximum of 20% based on Decree No. 43 of 2013, depending on how the current rent compares to market rates. A 30% increase is not allowed. Disputes on rental hikes can be resolved through the Real Estate Regulatory Agency. Elite Holding to set up integrated facility in Dubai Industrial City Elite Group Holding is investing AED 100 million in a 1 million sq ft facility at Dubai Industrial City to drive innovation in the automotive and e-commerce sectors. Operational by Q2 2026, the facility aligns with UAE’s economic growth initiatives, supporting local and global markets while enhancing industrial efficiency and sustainability. Imtiaz Developments announces early completion of Westwood Grande, JVC Imtiaz Developments has completed its 20-storey Westwood Grande residential tower in JVC two months early, showcasing its commitment to quality and efficiency. The developer plans to deliver four more projects by Q2 2025, solidifying its position as a leading boutique developer in Dubai’s real estate market. Property Finder reveals most searched home features across property searches in 2024 Property Finder’s 2024 Home For Every Life Index highlights unique UAE properties and lifestyle trends, with searches focusing on balconies (5.5M), maid’s rooms (3.1M), and private pools (1.3M). Demand for freehold ownership and short-term rentals is rising, reflecting evolving preferences for flexibility, luxury, and lifestyle-enhancing amenities.

April 17, 2026
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Dubai Real Estate Market Review 22-Apr-2026

Dubai Real Estate Transactions as Reported on the 18th of December 2024

On 18 December 2024, Dubai’s real estate market recorded a total transaction value of AED 1,600,376,468. This figure showcases the vibrancy and dynamism of the market, reflecting significant activity in both the off-plan and ready property segments. Off-Plan Properties: The off-plan category contributed AED 998,924,413 to the total transactions, accounting for 62.4% of the day’s market activity. Breaking this down into sub-categories: The dominance of flats underscores a strong demand for urban and compact living spaces in the off-plan market. Ready Properties: The ready property category contributed AED 601,452,055, which constitutes 37.6% of the total transactions. Sub-category contributions include: The dominance of flats in the ready market mirrors the off-plan trend, affirming a focus on urban living solutions. Market Insights: Conclusion: Dubai’s real estate market on 18 December 2024 highlights a robust ecosystem, driven by investor confidence in both off-plan and ready properties. The strong preference for flats reflects urban living trends, while villas cater to a premium clientele. The market’s ability to balance immediate needs and future investments underscores its resilience and appeal to a global audience. Dubai Real Estate Market Review 19-Dec-2024 Real estate project marked ‘under cancellation’ after 19-year wait. UAE economy to be ‘star performer’ in the region. 9-Bedroom ‘Dream’ Mansion Sold For Dh200 Million. Dubai: Residents, investors in shock as real estate project marked ‘under cancellation’ after 19-year wait Hundreds of investors face financial losses and uncertainty after the Dubai Lagoon project, launched in 2005, was marked “under cancellation.” Despite multiple developers and years of delays, investors have seen no progress or refunds, with many expressing frustration over lost savings and the lack of accountability. Dubai: 9-Bedroom ‘Dream’ Mansion Sold For Dh200 Million A nine-bedroom mansion in Hills Grove, Dubai Hills Estate, sold for a record-breaking Dh200 million, surpassing the previous Dh145 million record. Represented by Dubai Sotheby’s International Realty, this sale highlights Dubai’s ultra-luxury market appeal, limited supply, and growing demand from global high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs). Dubai’s Luxury Property Market: Opportunities for Introducers and Brokers Dubai’s luxury real estate market attracts high-net-worth individuals with tax-free investments, high rental yields, business-friendly policies, and a stable economy. Key segments include residential, commercial, and hospitality properties, with prime areas offering exceptional returns. Wealth migration and strategic marketing further boost demand in this thriving market. The future of real estate in Dubai Dubai’s property market is set for robust growth in 2025, driven by a 37.9% sales increase in Q3 2024, rising luxury demand, and infrastructure development. With nearly 100,000 new homes projected this year, affordability challenges are shifting focus to mid-income housing, while luxury properties attract high-net-worth individuals globally. Navigating the future: Unlocking 2025 investment opportunities in Dubai Dubai is poised for significant investment growth in 2025, particularly in luxury real estate and hospitality. Strong economic policies, global connectivity, and rising demand for eco-friendly, tech-driven, and wellness-focused properties position the city as a prime investment hub. Strategic partnerships and long-term visions are key to maximizing opportunities and sustainable returns. UAE: ZāZEN Properties unveils The Hub Residences in Al Furjan ZāZEN Properties is launching The Hub Residences, a sustainable, LEED-certified development in Al Furjan, Dubai. Featuring 105 modern units, including dual-level Townhouse Apartments, the project emphasizes community living and luxury amenities. Already 85% pre-sold, it reflects strong market demand in Dubai’s thriving off-plan real estate segment. Abu Dhabi real estate developer Ohana unveils $1.28bn luxury beachfront project with Jacob & Co. Ohana Development, in partnership with Jacob & Co., is launching a luxury beachfront project, Jacob & Co. Beachfront Living by Ohana, in Al Jurf, UAE. Valued at AED 4.7 billion, it will feature iconic residences and unique amenities, including a beach club and cigar lounge, with completion set for Q2 2028. Construction begins on $540mln Laguna Residence in Dubai ONE Development has commenced construction of the AED 2 billion Laguna Residence, Dubai’s first fully AI-integrated residential community. Featuring twin towers, a podium lagoon, and over 40 world-class amenities, the project emphasizes innovation, sustainability, and modern living, with completion set for Q4 2027. Ellington Properties awards $163M contract for ‘The Sanctuary’ villa community Ellington Properties has awarded a $163 million construction contract for The Sanctuary, a luxury villa community in Mohammed Bin Rashid City. Scheduled for completion in Q2 2026, the gated development will feature 4 to 6-bedroom villas, blending modern luxury with lush landscapes, reinforcing Ellington’s focus on bespoke, high-quality living spaces. UAE economy to be ‘star performer’ in the region — Swiss bank The UAE is poised for strong economic performance, driven by OPEC agreements, talent influx, booming tourism, and favorable interest rates. GCC GDP growth is projected to exceed 4% in 2025, supported by oil production increases and rate cuts. Risks include Middle East conflicts, but economic resilience remains robust.

April 17, 2026
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Dubai Real Estate Transactions as Reported on the 17th of December 2024

The Dubai real estate market showcased robust activity on December 17, 2024, with total transactions reaching AED 1,617,790,636. The market continues to demonstrate a significant preference for off-plan properties, while ready properties maintain steady traction, reflecting investor confidence across both segments. Below is a detailed breakdown of the transactions by category and sub-category: Overall Performance Off-plan properties accounted for the dominant share of total transactions, representing 65.7% of the market, indicating sustained investor interest in new developments with attractive payment plans and future value potential. Meanwhile, ready properties contributed 34.3% of the total, appealing to buyers seeking immediate ownership and rental opportunities. Off-Plan Properties The off-plan market segment recorded a total of AED 1,062,740,722, with the following breakdown by sub-categories: Ready Properties The ready property segment saw transactions totaling AED 555,049,914, distributed across the following sub-categories: Key Insights Conclusion The real estate market on December 17, 2024, highlights Dubai’s strong position as a global property investment hub. The clear preference for off-plan flats, alongside steady demand for ready properties, reflects diverse investor appetite. As new developments enter the market and ready property prices stabilize, Dubai continues to cater to both end-users and investors seeking long-term value and immediate returns. Dubai Real Estate Market Review 18-Dec-2024 Homes under Dh1M making up 32.2% of sales in November. AI-Powered Tools Are Reshaping Real Estate Investments in UAE. Can buyers get refund if project gets ‘cancelled’? Dubai: Affordable residences under Dh1 million among top-selling properties Affordable properties now dominate Dubai’s real estate market, with homes under Dh1M making up 32.2% of sales in November. The residential sector saw a 15.4% annual growth, while office sales rose 24.2%, driven by limited supply and demand. Rental activity also surged, highlighting market resilience and growth. Top 10 New Off-plan Properties in Dubai Real Estate Dubai’s top off-plan projects showcase a mix of luxury and affordability, offering apartments, villas, and townhouses with prices starting from AED 1.1M. Highlights include Lotus by Emaar, Safa One by Damac, Canal Front Residences by Meydan, and Alaya Beach, catering to diverse needs for residence and investment. Dubai’s off-plan property rules: Can buyers get refund if project gets ‘cancelled’? Dubai’s off-plan property market offers lucrative investment opportunities but comes with risks of delays or cancellations. Laws like Decree No. 33 of 2020 protect buyers, ensuring refunds through escrow accounts for cancelled projects. Legal frameworks prioritize purchaser rights, providing a structured process for grievances, refunds, and accountability. What next for Dubai property market after 2024’s new highs? Dubai’s real estate in 2024 saw off-plan properties dominate, with zero-down-payment plans and frequent launches driving 77% of transactions. Despite shrinking unit sizes and falling mortgage affordability, flexible payment plans spurred activity. Rising capital market gains and cautious investor behavior hint at potential market cooling amidst continued volatility and frothy pricing. Doka partners with Binghatti to redefine the Dubai skyline Doka partners with Binghatti to provide advanced formwork and scaffolding for four iconic Dubai projects: Burj Binghatti Jacob & Co Residences, One by Binghatti, Mercedes-Benz Places, and Bugatti Residences. Combining cutting-edge technology, innovative designs, and efficient logistics, this collaboration aims to redefine Dubai’s skyline with groundbreaking architecture. Lacasa Group enters real estate development through Lacasa Living Lacasa launches Lacasa Living, marking its entry into real estate development with boutique residential, hospitality, and mixed-use projects in the UAE and Qatar. Focused on bespoke design and functionality, the division plans six ready-to-move developments, starting with bespoke apartments on Al Marjan Island, RAK, in January 2025. New Dubai developer to launch eight projects and a Membership Club on Dubai Islands Mr. Eight Development enters Dubai’s real estate market with premium residential projects on Dubai Islands. Launching in 2025, the €1B investment features boutique-inspired designs, exclusive Members Club perks (e.g., Rolls-Royce chauffeurs, motorboat access), family-focused layouts, and attractive 35/65 payment plans, redefining luxury living in the UAE. How AI-Powered Tools Are Reshaping Real Estate Investments in UAE AI is revolutionizing UAE real estate by enabling automated property valuations, predictive market analytics, and enhanced property searches. These tools streamline decision-making, boost investment returns, and optimize operations, while challenges like data quality and ethical concerns persist. Adopting AI is essential for staying competitive in the evolving real estate landscape.

April 17, 2026
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Dubai Real Estate Transactions as Reported on the 16th of December 2024

On December 16, 2024, Dubai’s real estate market recorded a robust transaction value of AED 1.56 billion, showcasing the continued strength of both the off-plan and ready property sectors. Below is a detailed breakdown of contributions across property categories, providing insight into market trends and investor preferences. Overall Market Contributions The Ready Property Market dominated the transactions, contributing 72.6% of the total value with AED 1,131,506,168. In comparison, the Off-Plan Market accounted for 27.4%, totaling AED 427,218,683. This clear dominance of ready properties reflects investor confidence in completed units while the off-plan sector remains resilient, appealing to those looking for future gains. Off-Plan Property Breakdown The off-plan sector reached AED 427.2 million, contributing 27.4% to the total market. Key Insight: Flats dominated the off-plan category, reflecting strong demand for residential units at competitive prices in emerging communities. Ready Property Breakdown The ready property market surged to AED 1.13 billion, capturing a 72.6% market share. Sub-categories performed as follows: Key Insight: Flats dominated the ready market, emphasizing investor demand for move-in-ready apartments in established areas. Villas also showed solid performance, particularly in family-friendly communities. Key Highlights and Market Trends Conclusion Dubai’s real estate market continues to attract significant investment, with 72.6% of transactions occurring in the ready segment and 27.4% in the off-plan market. Flats dominate both categories, reflecting strong demand for residential units. The steady performance in villas and commercial properties further solidifies Dubai’s diverse real estate appeal, catering to both end-users and investors seeking growth opportunities. Dubai Real Estate Market Review 17-Dec-2024 Knight Frank’s Q3 2024 report shows Dubai recorded a 40% decline after a boom. Tenants in older buildings may be able to negotiate rentals with landlords. Dubai shares hit near-decade high, Emaar Properties shines Dubai stocks surged to a 10-year high, driven by real estate and finance gains, as Emaar Properties rose 14.7% on strong dividend plans. Other Gulf markets edged up ahead of the U.S. Fed rate decision, with notable gains in Saudi Arabia, Abu Dhabi, and Qatar indices. MERED Partners with SERA Group for ICONIC Tower Development, Dubai MERED partners with SERA Group to deliver ICONIC Residences in Dubai Internet City. Designed by Pininfarina, the 290m tower will feature 310 luxury apartments and world-class amenities, completing by Q3 2027. The project reflects Dubai’s booming luxury property market, surpassing 2023 records with high-end demand. Nakheel launches Bay Grove Residences on Dubai Islands Each residence at Bay Grove Residences boasts elegant interiors and stunning private terraces. Dubai Races to Meet Soaring Demand for Luxury Villas Amid Real Estate Boom Dubai’s luxury real estate market is booming as wealthy expatriates flock to the emirate, driving demand amid a property shortage. Developers plan 9,000 villas by 2024, but high-end homes remain scarce. Prices in prime areas surged 20%, though Dubai remains affordable compared to global cities like London and New York. ‘Rent Now, Pay Later’ trend shifts Dubai rental market, changing tenant-landlord relations ‘Rent Now, Pay Later’ (RNPL) has enhanced market transparency and fairness, while aligning Dubai’s rental practices with international standards. Rents in Dubai: Tenants in older buildings may be able to negotiate rentals with landlords Dubai’s rental market in 2025 will see slower rent increases, with a forecasted 10% rise. New property supply may stabilize or slightly lower rents in areas like JVT, Dubai Land, and non-prime locations. Tenants may gain negotiation power, with landlords offering flexible cheque payments, long-term tenancies, and property renovations. Emaar Properties to distribute 100% of share capital as dividends amounting to AED 8.8bln ($ 2.4bln) for 2024 Emaar Properties will distribute 100% of its share capital as dividends for 2024, totaling AED 8.8 billion ($2.4 billion), doubling 2023’s payout. This reflects strong financial performance, record property sales, and investor trust, aligning with Dubai’s growth vision. Emaar prioritizes innovation, sustainability, and shareholder value expansion. Dubai real estate sector recorded $3.7bn of transactions last week, including $16m Business Bay apartment The Dubai real estate sector recorded AED13.58bn ($3.7bn) of transactions last week, according to data from the Land Department. What’s on the horizon for the global proptech industry in 2025? Global proptech will thrive in 2025 through enhanced accessibility, driven by fractional ownership, improved efficiency via AI integration, and increased consumerchoices with innovative tools. Trends like blockchain, AI-powered valuations, and smart solutions will democratize real estate, streamline processes, and expand opportunities, positioning proptech for continued rapid growth and innovation. The Most Attractive Areas for Real Estate Investment in Dubai in 2025 Dubai’s real estate market in 2025 highlights top investment areas: JBR and Palm Jumeirah for luxury, Downtown Dubai for urban living, Dubai Hills Estate and Arabian Ranches for families, and Dubai Marina for waterfront appeal. Emerging hotspots like Dubai Creek Harbour and Maktoum City promise future growth and affordability. Luxury property market faces a global slowdown in the second half of 2024 Knight Frank’s Q3 2024 report shows an 18% drop in global super-prime ($10M+) sales, except in London, which saw a slight uptick. Dubai recorded a 40% decline after a boom, signaling sustainable growth. The US market slowed, with Miami sales down 60%. Italy’s luxury market thrives, driven by international demand. UAE: How Americans are fuelling demand for short-term rentals US demand for short-term rentals in Dubai is surging, driven by stronger UAE-US ties, corporate travel, and tourism marketing. Popular areas include Business Bay, JVC, Downtown, and Palm Jumeirah. Families prefer larger holiday homes, boosting rental yields. This trend offers landlords high occupancy and profitable income opportunities.

April 17, 2026
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Dubai Real Estate Weekly Market Analysis 16-Dec-2024

The total real estate transactions in Dubai for Week 50 reached AED 8.68 billion. Off-plan contributed 52% or AED 4.49 billion and Ready properties contributed 48% or AED 4.19 billion. Total Transaction Value: AED 8.68 Billion Dubai’s real estate market witnessed a robust week with a total transaction value of AED 8.68 billion, demonstrating continued investor confidence and significant activity across both off-plan and ready properties. Off-Plan vs Ready Contributions Off-plan properties accounted for a marginally larger share of the market at 52%, indicating sustained interest in under-construction projects. Ready properties closely followed at 48%, showcasing a balanced demand for immediate ownership. Category Breakdown Off-Plan Sub-Categories: The dominance of flats in the off-plan segment underscores strong investor preference for apartment projects, particularly in up-and-coming neighborhoods. Ready Sub-Categories: Flats led the ready market as well, with commercial properties contributing a notable 5.1%, reflecting ongoing interest in business-ready spaces. Top Performing Areas by Transaction Value Off-Plan Areas: Other notable areas include Dubai Marina (AED 189.1M) and Burj Khalifa (AED 174.6M), indicating investor interest in prime and strategic neighborhoods. Ready Areas: Dubai Water Canal emerged as the leader in the ready segment, with significant activity also recorded in Dubai Marina and Burj Khalifa, highlighting the enduring appeal of waterfront and luxury properties. Key Takeaways Dubai’s Week 50 performance showcases the city’s ability to attract investments across diverse property types and strategic locations, further strengthening its reputation as a global real estate hub.

April 17, 2026
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Dubai Real Estate Market Review 24-Apr-2026

Dubai Real Estate Transactions as Reported on the 12th of December 2024

The Dubai real estate market saw robust activity on December 12, 2024, with total transactions reaching an impressive AED 1.8 billion. This amount was driven by significant contributions from both off-plan and ready property sales. Below is a detailed analysis of the figures, breaking down the contributions of each property type to the total transactions. Overall Distribution The ready property segment outperformed the off-plan market, contributing the majority share of the transactions. Off-Plan Properties: Off-plan properties accounted for a substantial portion of the day’s transactions, with flats being the dominant category: Flats clearly dominated the off-plan market, contributing nearly three-quarters of the total off-plan sales. Ready Properties: Ready properties formed the majority of the transactions, with a strong performance across all sub-categories: Flats also led in the ready property market, contributing over three-quarters of the ready transactions. Key Insights Conclusion The December 12, 2024, transaction data underscores the resilience and vibrancy of Dubai’s real estate market. The ready property segment, particularly flats, continues to dominate, reflecting buyer preferences for completed properties. However, the off-plan market remains a significant player, catering to those seeking investment opportunities or future-oriented living solutions. With steady demand across various property types, Dubai’s real estate market remains a beacon for both investors and end-users. Dubai Real Estate Market Review 13-Dec-2024 Dubai developer delivers residential projects in JVC with total of 2,062 units. Dubai property firm awards $199mn contract for JLT office tower. AED10 billion worth of properties sold in 10 hours. Dubai’s real estate sector is evolving, moving towards ‘branded residences’ Dubai leads globally in branded residences, driven by luxury real estate and hospitality demand. With 140 branded projects and high hotel occupancy, it attracts global investors, especially ultra-high-net-worth individuals. Favorable policies, luxury amenities, and visionary developments secure Dubai’s leadership in this booming market. Planning to buy a property in Dubai: Here’s a list of 9 key tax obligations for Indians Dubai is a popular destination for Indians buying property, prompting stricter monitoring by Indian tax authorities. Key considerations include LRS remittance limits, tax compliance, disclosure of foreign assets, and capital gains tax. Rental income and tax exemptions in Dubai, along with Golden Visa eligibility, add to the appeal for investors. Dubai real estate: Binghatti delivers 6 projects at Jumeirah Village Circle with more than 2,000 units Dubai real estate developer Binghatti delivers residential projects in Jumeirah Village Circle with total of 2,062 units. Dubai: New road connections to enhance accessibility and traffic flow in 19 key residential areas Dubai’s RTA is enhancing road connectivity in 19 residential areas over 11.5 km, adding sidewalks, parking, and streetlights. The project aims to improve accessibility, reduce travel time by 40%, and boost safety. Completion is set for Q2 2026, reflecting RTA’s commitment to sustainable and efficient mobility. Dubai property firm awards $199mn contract for JLT office tower amid commercial real estate boom The project signals growing confidence in Dubai’s commercial real estate sector, which has seen strong leasing activity and rising rents in prime locations over the past year. Handovers start for Dubai’s ultra-luxury Bvlgari Ocean Mansions Handovers have begun for the exclusive Bvlgari Ocean Mansions on Dubai’s Jumeira Bay, priced at Dh180M+. With only seven 10,000 sq. ft. mansions, these luxury homes feature over-water designs and seamless indoor-outdoor living. Developed by Meraas and Bvlgari, they redefine exclusive luxury living in Dubai. Dubai: Dh10 billion worth of properties sold in just 10 hours, says top developer Damac Properties sold over Dh10 billion worth of properties in under 10 hours, reflecting strong investor confidence. The 3,100-unit Damac Islands project highlights robust demand in Dubai’s real estate market, which remains affordable compared to global cities. Growth is expected to continue in 2025, driven by infrastructure and sustainability. Global Wealth Migration: Dubai’s Magnetism For International Luxury Buyers Dubai is a top choice for global high-net-worth individuals (HNWIs), attracting 6,700 millionaire migrants in 2024. Key draws include tax benefits, political stability, luxury infrastructure, and high rental yields (6-10%). With growing European interest and streamlined policies like the Golden Visa, Dubai’s thriving real estate market is set to continue booming into 2025. Sweid & Sweid starts construction of $199mln Sweid One commercial project in Dubai Sweid & Sweid has awarded Dutco Construction the contract for Sweid One, a AED 730M ($199M) Grade-A office project in JLT. The development, offering 500,000 sq. ft. of office space, F&B outlets, and Metro connectivity, is set for completion in Q4 2026. Construction has already commenced. UAE: Qube announces sales launch of Dubai Studio City project Qube Development launches off-plan sales for Arisha Terraces in Dubai Studio City, offering 419 eco-friendly units across four low-rise buildings. Features include solar panels, drinkable tap water, a hydroponic rooftop garden, co-working spaces, wellness amenities, and a social-focused community center, catering to young families and professionals seeking sustainable living.

April 17, 2026
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News&Media

Dubai Real Estate Transactions as Reported on the 11th of December 2024

The Dubai real estate market recorded an impressive total transaction value of AED 1,505,439,866 on 11 December 2024. This consisted of off-plan properties contributing 56.3% of the total (AED 846,993,523) and ready properties accounting for 43.7% (AED 658,446,343). The breakdown of these categories provides further insight into the dynamics of Dubai’s real estate sector. Off-Plan Transactions Off-plan properties dominated the market, contributing over half of the total transaction value. Below is the breakdown of subcategories within the off-plan sector: Off-plan transactions demonstrated robust activity, with flats leading the charge, emphasizing investor confidence in future developments. Ready Transactions Ready properties made up a substantial portion of the market, appealing to buyers seeking immediate occupancy or rental income. The subcategories within ready properties are as follows: Ready properties displayed balanced demand, with flats and villas comprising the bulk of transactions, highlighting end-user and investor interest in immediately available assets. Key Takeaways Conclusion Dubai’s real estate market on 11 December 2024 showcased a healthy mix of off-plan and ready property transactions, with a strong preference for flats across both categories. The significant contribution of villas highlights ongoing demand for high-end residential properties. With competitive pricing and a strategic market position, Dubai continues to attract investors and end-users alike, solidifying its status as a global real estate hub. Dubai Real Estate Market Review 12-Dec-2024 Dubai’s prime property market recorded 24 transactions above AED 30M in November 2024. Knight Frank predicts Dubai property values will rise 8% market-wide and 5% for high-end homes in 2025. Bonyan REIT divests Dubai property, posts $74mln in proceeds Saudi Arabia’s Bonyan REIT sold a Dubai property for SAR 279.9M ($74.5M), generating SAR 54.9M in rental income since acquisition. Proceeds will partially prepay a Shariah-compliant loan. Established in 2018, the REIT focuses on income-generating real estate investments. Dubai’s prime property market sees 24 transactions over $8.2 million in November 2024: Report Dubai’s prime property market recorded 24 transactions above AED 30M in November 2024, with annual villa gains at 31.9% and apartments at 23.9%. While demand for luxury homes remains strong, monthly growth is softening. Off-plan sales dropped 41.9% month-over-month but rose 76.5% annually, dominating 64% of November’s sales. International Development Bank Officially Joins the authorised Banks by Dubai Land Department as an Escrow Account Trustee Dubai Land Department (DLD) has partnered with the International Development Bank (IDB) UAE Branch, authorizing it as an escrow account trustee for real estate projects. This agreement aims to enhance transparency, protect investors, and align with Dubai’s vision for sustainable development and a robust investment environment. Dubai home prices set to rise again in 2025: Knight Frank Knight Frank predicts Dubai property values will rise 8% market-wide and 5% for high-end homes in 2025, following a 20% surge in 2024. One in five homes now exceeds $1M, fueled by relaxed immigration rules and demand from wealthy international buyers. Experts see reduced speculative risks in the current market. Sharjah real estate transactions hit Dh4 billion in November Sharjah’s real estate market recorded transactions worth AED 4 billion in November 2024, with 1,522 sales (33%) and 339 mortgages (AED 668M). The Muwailih Commercial area led with the highest deal at AED 180M and topped sales and trading volume at AED 470.7M, showcasing Sharjah’s investment appeal.

April 17, 2026
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News&Media

Dubai Real Estate Transactions as Reported on the 10th of December 2024

On 10th December 2024, the total real estate transactions in Dubai amounted to AED 1,281,204,607, showcasing the city’s dynamic and diverse property market. Below is a detailed analysis of the contributions of off-plan and ready properties, along with their respective sub-categories. 1. Off-Plan Properties The total value of off-plan property transactions stood at AED 637,955,635, accounting for 49.8% of the overall transactions for the day. The breakdown of contributions from sub-categories to the off-plan market is as follows: The off-plan market was dominated by flats, contributing a substantial share, reflecting robust investor interest in new residential developments. 2. Ready Properties Ready property transactions totaled AED 643,248,972, making up 50.2% of the total transactions for the day. Contributions from sub-categories to the ready market include: Flats also dominated the ready market, highlighting the continued demand for immediately available residential units. Key Insights Conclusion Dubai’s real estate market continues to thrive with balanced activity across off-plan and ready properties. The dominance of flats across both categories underscores their appeal, while the strong performance of villas indicates healthy demand for luxury and family living. With AED 1.28 billion in transactions on a single day, the market reaffirms Dubai’s position as a global property investment hotspot. Dubai Real Estate Market Review 11-Dec-2024 Dubai’s Real Estate Market Thrives Amid Rising Rents and Sustained Growth. Palm Jumeirah villa sold for Dh130 million. AARK awards enabling contract for $1.1bln RAK beachfront project. UAE real estate developer Arada buys 3 gym brands; fitness division valued at $272m and eyes 100,000 members UAE real estate developer Arada has finalised the purchase of three well-known UAE-based gym brands. Dubai’s Real Estate Market Thrives Amid Rising Rents and Sustained Growth Dubai’s real estate market grew in November 2024, with rents up 20.8% annually, AED 30.53 billion in sales transactions, and strong demand for apartments and off-plan properties. Strategic initiatives like Vision 2033 and urban plans drive resilience, with the sector set to meet rising population and investor confidence. Six Senses Palm Jumeirah villa in Dubai sold for Dh130 million A beachfront Signature Villa at Six Senses Palm Jumeirah sold for AED 130 million, marking a top 2024 sale. This underscores Dubai’s booming super-prime branded residences sector, with AED 28.8 billion in sales in H1 2024, driven by luxury demand and world-class amenities. Dubai’s annual rent prices surge 20.8 percent in November: Report Dubai’s real estate market saw a 20.8% rent surge in November 2024, with AED 3.53 billion in rental transactions and AED 30.53 billion in sales. Apartments and off-plan properties led demand, supported by strategic initiatives under the Dubai Real Estate Sector Strategy 2033 and a growing population. Tranquil’s new project in JVC to be handed over in Q1 2027 Jumeirah Village Circle (JVC) offers high returns for investors, with strong demand for off-plan properties, rental yields over 6.67%, and robust infrastructure. The new Blossom76 development highlights the area’s appeal with luxury amenities and affordability. Dubai property prices are projected to grow 5-7% annually through 2025. Meraas unveils latest phase of Nad Al Sheba Gardens Meraas has launched a new phase of Nad Al Sheba Gardens, featuring luxury townhouses and villas with serene lagoon views and premium amenities. Highlights include a new retail hub with Waitrose, proximity to Downtown Dubai, and thoughtfully designed homes blending nature and urban living for an exclusive lifestyle. New corporate tax will not impact UAE’s attractiveness for businesses: Experts The UAE’s new domestic minimum top-up corporate tax, effective 2025, aligns with OECD standards, applying a 15% rate to multinational enterprises with €750M+ revenues. SMEs remain unaffected, while tax incentives for R&D and high-value jobs aim to sustain growth and innovation, ensuring the UAE’s business attractiveness despite higher tax rates. Modon launches Nawayef Park Views on Hudayriyat Island Modon has launched Nawayef Park Views, the first freehold apartment development on Hudayriyat Island. Offering Mediterranean-style living with one- to four-bedroom apartments, it features leisure, retail, and dining venues. The project supports sustainable, active lifestyles and sets a new benchmark for apartment living in Abu Dhabi. Pinnacle Developers and Devmark launch Vitalia Palm Jumeirah Residences Pinnacle Developers, in partnership with Devmark, has launched Vitalia Palm Jumeirah Residences, a nine-story waterfront development featuring 45 luxury residences. Located on Palm Jumeirah’s East Crescent, it offers Italian-inspired design, premium wellness amenities, and convenient access to Dubai’s attractions. Completion is slated for 2026, with bookings now open. UAE: AARK awards enabling contract for $1.1bln RAK beachfront project AARK Developers has appointed Atlas Foundations for the AED 4 billion Sora Beach Residences on Al Marjan Island, featuring luxury waterfront homes, private beaches, and proximity to the upcoming Wynn Resort. Designed by Nikken Sekkei, the project emphasizes sustainable, ultra-luxury living and is poised to redefine Ras Al Khaimah’s real estate landscape. Dubai South and Bahria Town Collaborate on Master Community Dubai South has partnered with BT Holding LLC to develop a master-planned gated community in its Golf District near Al Maktoum International Airport. Featuring diverse residential options, green spaces, and lifestyle amenities, the project supports Dubai South’s vision to attract 1 million residents and establish itself as a future-ready global hub. ADX-listed RAK Properties completes design of Nikki Beach Resort & Spa Ras Al Khaimah RAK Properties has completed the design phase for Nikki Beach Resort & Spa Ras Al Khaimah on Hayat Island. Designed with Gensler, the 33,580 sqm resort will feature 156 keys, including suites and sky villas, and is set to open in 2027.

April 17, 2026
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News&Media

Dubai Real Estate Transactions as Reported on the 9th of December 2024

The total real estate transaction volume recorded on December 9, 2024, in Dubai amounted to AED 1.725 billion. This reflects sustained activity in the market, with strong contributions from both off-plan and ready property segments. Below is a detailed breakdown of these transactions, highlighting the distribution and share of various property categories. Off-Plan PropertiesOff-plan property sales accounted for AED 769.4 million, which represents approximately 44.6% of the total transactions for the day. Within this category: The dominance of flats in the off-plan segment underscores investor interest in new high-rise residential developments, driven by attractive payment plans and the potential for capital appreciation. Ready PropertiesReady property sales were the leading contributors, totaling AED 955.8 million, which constitutes 55.4% of the overall market activity for the day. Breaking down the ready property segment: The predominance of ready flats reflects the continued high demand for immediately available residential units, while the significant contributions from villas, hotel apartments, and commercial properties illustrate a balanced interest across property types. SummaryThe ready properties dominated the day’s market activity, contributing more than half of the total transaction value. The strong showing of ready flats emphasizes Dubai’s appeal to buyers seeking immediate occupancy or rental opportunities, while the robust off-plan activity highlights investor confidence in the city’s long-term growth. This balanced landscape of real estate transactions underscores Dubai’s unique position as a global real estate hub, catering to both end-users and investors seeking a diverse range of opportunities. Dubai Real Estate Market Review 10-Dec-2024 Dubai villa prices rose 31.9% annually in November 2024. Large multinational companies to pay 15 percent top-up tax in 2025. Demand for industrial real estate hitting sky high in Dubai. Established European real estate developer launches Dubai operations MVS Real Estate Development, with 18+ years of experience and 22,000+ apartments delivered in Russia and the UK, has launched in Dubai. Renowned for quality and innovation, it plans high-end residential projects in the city, leveraging its expertise, timely delivery, and sustainability-focused approach. Dubai emerges as the global real estate standout against London and New York Dubai offers affordable luxury real estate at $438/sq ft, high yields (7.0%), and strong price growth (16.5% YoY). Pro-investor policies, safety, and global connectivity enhance its appeal over London and New York, making it a prime choice for investors seeking value, stability, and long-term growth. Dubai real estate sector recorded $1.7bn of transactions last week, including Bluewaters apartment sold for $23m The Dubai real estate sector recorded AED6.28bn ($1.7bn) of transactions last week, according to data from the Land Department. Kamdar Property Development Launches 105 Residences in Jumeirah Village Circle Kamdar Property Development launches 105 Residences in Jumeirah Village Circle, marking its first public investment project. Offering 105 premium apartments with top-tier amenities, the fully funded development reflects Kamdar’s commitment to quality, sustainability, and punctuality, signaling a strategic shift toward wider market growth and future public projects by 2025. Dubai real estate market sees robust November with AED40B (USD10.89B) in sales Dubai’s real estate market recorded 13,502 transactions worth AED40 billion in November. Apartment sales rose 31.2% YoY, while overall transactions grew 10.5%. Villa and plot sales declined, but commercial deals grew 5%. Average prices per square foot climbed 8.8% to AED1,497, continuing a multi-year upward trend. Revealed: Demand for industrial real estate hitting sky high in Dubai amidst influx of companies seeking entry, expansion The demand surge is driving up real estate prices and commercial rents, threatening to push up capital and operational costs for setting up industries and operating manufacturing facilities in the emirate. Dubai rents to increase in 2025: Which areas will see a hike in rentals? Dubai rents are projected to rise by 10% in 2025, driven by population growth and strong demand. Luxury areas like Palm Jumeirah and Downtown may see up to 18% increases, while affordable neighborhoods like JVC expect modest growth of 2-5%. Supply growth may moderate increases in some areas. Property Finder reveals latest data for Dubai’s ongoing growth across off-plan and existing real estate in November 2024 In November 2024, Dubai’s real estate market saw 14,479 transactions (+19% YoY) worth AED 43 billion. Off-plan sales surged 46% in volume, while ready transactions declined. Furnished rentals dominated demand, with Jumeirah Village Circle and Dubai Marina popular for apartments. Female and Gen Z investors are driving market diversification. Dubai: What are the property buyer’s rights in case of delayed off-plan project handover? In Dubai, off-plan property disputes are governed by the Sale Purchase Agreement (SPA). Buyers can seek remedies through the Dubai Land Department (DLD) or courts for developer delays. Compensation depends on SPA terms, with developers potentially citing force majeure for delays beyond their control. AQUA Properties Unveils $130M Project in Dubai Sports City AQUA Properties launches The Community Sports Arena in Dubai Sports City, featuring 396 apartments with hybrid workspaces and 15+ luxury amenities. Spanning 66,000 sq ft, this sustainable, smart urban development blends lifestyle, work, and well-being, reinforcing AQUA’s leadership in innovative and holistic living spaces in Dubai’s real estate market. Top Abu Dhabi developer sees commercial property boom extending Abu Dhabi’s commercial real estate market thrives amid high demand from global financial firms, maintaining strong occupancy rates. Aldar Properties plans a mixed-use skyscraper near Dubai’s financial center, while both Abu Dhabi and Dubai expand financial districts to meet growing demand, contrasting global trends of declining office occupancy. UAE corporate tax: Large multinational companies to pay 15 percent top-up tax in 2025 The UAE will implement a 15% domestic minimum tax on large multinational enterprises (MNEs) with €750M+ global revenue starting January 2025, aligning with OECD standards. Planned incentives include R&D tax credits (30-50%) by 2026 and refundable tax credits for high-value employment from 2025, promoting innovation and economic competitiveness. BEYOND unveils Orise, a new era of luxury waterfront living in Dubai BEYOND launches Orise, its second waterfront project at Dubai Maritime City, offering 530 bespoke residences with cinematic skyline views. Designed by Nabil Gholam Architects and HBA, Orise blends urban sophistication with coastal serenity. Featuring over 30 customizable …

April 17, 2026
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News&Media