Dubai Real Estate Market Review 23-Apr-2026

Dubai Real Estate Market Review 14-Apr-2026

Dubai retail real estate sales values rise almost 50% Dubai unifies Golden Visa, property and retiree residency services in new government integration push Dubai has moved to unify key real estate-linked residency services under a single system, as part of a broader push to enhance investor confidence, streamline processes and strengthen the emirate’s business environment. Read the full article on Arabian Business Sobha Realty enters Abu Dhabi with 38m sq ft waterfront city Sobha Realty has launched Sobha City, its first major Abu Dhabi community: a 38 million sq ft low-density project in Al Bahiya with homes, retail, schools, healthcare, green space and a waterfront promenade, targeting rising demand for integrated, family-oriented residential developments. Read the full article on Gulf News Dubai inks deal with HSBC to attract global investors, corporates into emirate Dubai has partnered with HSBC to attract more global companies, investors and wealthy individuals under the D33 agenda, using HSBC’s international network, especially in Asia, to support market entry, licensing and investment platforms as Dubai pushes to increase foreign capital inflows and regional business activity. Read the full article on Gulf News Dubai retail real estate sales values rise almost 50% year-on-year to AED4.6bln in 2025 – Cavendish Maxwell Dubai’s retail market stayed strong in 2025, with sales up nearly 50% to AED4.6 billion and off plan deals surging. Warehouse rents also rose sharply amid e-commerce growth, while both retail and warehouse tenants increasingly renewed leases as prime space remained limited and costs climbed. Read the full article on Zawya The infrastructure play behind Saudi’s real estate tokenisation strategy Saudi Arabia’s RER/REGA platform positions real estate tokenisation as sovereign infrastructure rather than a niche proptech experiment, using blockchain-based identity, compliance and settlement to improve trust, liquidity and access, while paving the way for secondary markets and broader GCC adoption. Read the full article on Gulf Business Dubai rental contracts drop by a third while tenants seek discounts New rental contracts in Dubai dropped by more than a third in March as the Israel- US war on Iran spilled over into the wider Gulf. Rents across the city largely dropped compared to February deals, though some areas proved more resilient than others. Read the full article on Arabian Gulf Business Insight Investor confidence in Abu Dhabi holds firm with record real estate activity Abu Dhabi’s property market is being positioned as resilient and investor-friendly, with Metropolitan Capital Real Estate citing Dh450 million in reservations at Ohana’s Yas Residences and strong early demand for Leaf Tower as evidence of continued confidence despite regional geopolitical tensions. Read the full article on Gulf News BNW debuts in Dubai with Michel Adam branded homes BNW Developments has entered Dubai with Orvessa Residences by Michel Adam in Al Furjan, a 92-unit branded project blending fashion-led design with lifestyle amenities. The launch expands BNW’s branded portfolio and targets end-users and long-term investors seeking connectivity, quality and distinctive living. Read the full article on Zawya Dubai completes $68m upgrade to stormwater sewerage system in Al Quoz Dubai Municipality has completed Phase 1 of Al Quoz’s sewerage and stormwater upgrade, spending AED250 million to add 29km of new networks across 155 hectares. The project supports flood resilience and business continuity, and forms part of Dubai’s wider AED30 billion Tasreef drainage programme. Read the full article on Arabian Business Dubai Residential Market Enters A More Measured Phase Following Strong Start To 2026, Savills Reports Savills says Dubai’s residential market cooled in Q1 2026 after a strong run, with transactions down 17% quarter-on-quarter and March notably weaker. Off-plan still dominated at 72%, prices kept rising, and the market is shifting from seller-led to more selective, buyer-driven conditions. Read the full article on MENA FN   Dubai Real Estate Transactions as Reported on the 13th of April 2026 On the 13-Apr-2026, the total transacted value reached AED 849.8 million. Off-plan dominated with AED 550.1 million (64.7%), while Ready accounted for AED 299.7 million (35.3%). (The low transactions volume could be because of the DLD reporting) Category Off-Plan (AED millions) Ready (AED millions) Flats 519.7 208.4 Villas 23.6 71.1 Hotel Apt. & Rooms 3.5 5.1 Commercial 3.4 15.0 Total 550.1 299.7 Off-Plan Market Performance Total Value: AED 550.1 million •              Flats: AED 519.7 million (94.5%) •              Villas: AED 23.6 million (4.3%) •              Hotel Apts & Rooms: AED 3.5 million (0.6%) •              Commercial: AED 3.4 million (0.6%) Off-plan activity was overwhelmingly driven by flats, with the segment showing a highly concentrated apartment-led profile and only limited contribution from villas, hospitality and commercial assets. Ready Market Performance Total Value: AED 299.7 million •              Flats: AED 208.4 million (69.5%) •              Villas: AED 71.1 million (23.7%) •              Hotel Apts & Rooms: AED 5.1 million (1.7%) •              Commercial: AED 15.0 million (5.0%) The ready market was also led by flats, but with a more balanced mix than off-plan, as villas captured a meaningful share of the day’s completed value. On The Micro Level Market Insights & Outlook The day’s trading shows a clear preference for off-plan product, with nearly two-thirds of total value concentrated in that segment, while flats remained the dominant format across both markets. The Real Estate Reports analysis suggests demand continues to favour scalable, apartment-led stock, while the ready segment still maintained decent support from villa transactions, pointing to selective end-user and investor interest across completed assets. Data Source: Dubai Land Department *We use only freehold transactions

Dubai Real Estate Weekly Market Analysis 20-Apr-2026

Dubai Real Estate Weekly Market Analysis 13-Apr-2026

Weekly trading value was stable with slightly higher number of transactions Total trading reached AED 10.49 billion across 4,835 transactions in Week 15, compared with AED 10.59 billion and 4,636 transactions in the prior week. That means weekly value edged down by 0.9%, while transaction count increased by 4.3%, pointing to a busier market but with a lower average ticket size. Category Off-Plan (AED millions) Ready (AED millions) Flat 6,514.0 1,641.1 Villa 651.9 609.6 Hotel Apt. & Rooms 18.8 89.4 Commercials 774.7 191.0 Total 7,959.5 2,531.1 Off-Plan Market Performance Total Value: AED 7.96 billion Share of Weekly Total: 75.9% Off-plan remained the clear driver of the market in Week 15, contributing more than three-quarters of all traded value. The segment was heavily led by flats, while commercial assets also made a meaningful contribution, helping keep the off-plan mix broad rather than dependent on one product type alone. Sub-Category Value (AED millions) % of Off-Plan Flat 6,514.0 81.8% Villa 651.9 8.2% Hotel Apt. & Rooms 18.8 0.2% Commercials 774.7 9.7% Top Performing Off-Plan Areas Area Value (AED millions) Al Khairan First 871.3 Business Bay 606.3 Dubai Islands 485.8 Madinat Al Mataar 449.2 Al Yelayiss 1 390.2 The top 10 off-plan areas generated AED 4.28 billion, equal to roughly 53.8% of all off-plan value. Al Khairan First led the market with AED 871.3 million, or about 10.9% of total off-plan trading, followed by Business Bay and Dubai Islands. Ready Market Performance Total Value: AED 2.53 billion Share of Weekly Total: 24.1% Ready sales accounted for just under a quarter of weekly value. While much smaller than off-plan, the ready segment showed a more balanced internal mix, with villas and hotel apartments taking a more visible share than they did in off-plan. Sub-Category Value (AED millions) % of Ready Flat 1,641.1 64.8% Villa 609.6 24.1% Hotel Apt. & Rooms 89.4 3.5% Commercials 191.0 7.5% Top Performing Ready Areas Area Value (AED millions) Business Bay 219.2 Burj Khalifa 209.6 Jumeirah Village Circle 181.4 Dubai Marina 130.9 Dubai Creek Harbour 107.8 The top 10 ready areas generated AED 1.25 billion, representing around 49.2% of all ready-market value. Business Bay ranked first at AED 219.2 million, narrowly ahead of Burj Khalifa at AED 209.6 million, showing continued concentration in established urban, high-liquidity locations. On the Micro Level Transaction-type analysis shows that sales remained overwhelmingly dominant, accounting for AED 9.18 billion, or roughly 87.5% of the ex-land weekly total. Within off-plan, sales made up 98.6% of segment value, confirming that new-launch and primary market demand remained the key force behind weekly activity. In the ready market, the structure was more varied. Sales contributed 52.4% of ready value, while mortgages accounted for a significant 39.7%, equal to just over AED 1.00 billion. This is an important signal: unlike off-plan, ready activity was supported not only by outright purchases but also by financing-led transactions. Gifts were also notable, contributing AED 200.9 million in ready and AED 83.9 million in off-plan. At the individual deal level, the highest-value transactions underline where premium demand sat this week. In off-plan, the top flat deal was in Jumeirah Second at AED 171.0 million, while the top villa deal came from Madinat Al Mataar at AED 22.9 million. In ready, the highest flat transaction was recorded in Burj Khalifa at AED 30.0 million, and the top villa transaction was in Island 2 at AED 21.5 million. Weekly Comparison Metric Last Week This Week Change Total Value (AED billions) 10.59 10.49 -0.9% Transactions 4,636 4,835 +199 Average Value per Transaction (AED millions) 2.28 2.17 -5.0% Market Insights & Outlook Week 15 presented a market that was broader in participation but slightly lighter in value. The decline in headline volume was marginal, yet the rise in transaction count suggests activity stayed healthy and that the slowdown came more from ticket size than from weakening demand. The key takeaway remains the same: Dubai’s market is still being carried by off-plan, especially flats, with the top off-plan areas capturing deep investor interest across both established and emerging development corridors. At the same time, the ready market continues to show resilience through a combination of end-user sales, financing activity, and high-value trades in mature trophy districts such as Business Bay and Burj Khalifa. Overall, Week 15 was not a weak week. It was a slightly softer value week inside a still-active market, with off-plan continuing to dominate the headline story and ready transactions adding depth through mortgage-backed and premium-location activity. Data Source: Dubai Land Department Only freehold transactions are included

Dubai Real Estate Market Review 22-Apr-2026

Dubai Real Estate Market Review 10-Apr-2026

UAE Central Bank: UAE economy set to grow 5.6% in 2026 Why Dubai property flipping is becoming trickier Property flipping – the practice of buying a home to then resell it quickly for a profit – is becoming more difficult in Dubai. Read the full article on Arabian Gulf Business Insight Al Habtoor Group announces $1.36bln new investment in Dubai real estate Al Habtoor Group will invest over AED5 billion in Dubai real estate, starting with a premium commercial tower in Al Habtoor City on Sheikh Zayed Road. The project signals strong confidence in Dubai’s economy and marks the first step in a wider UAE expansion pipeline. Read the full article on Zawya Dubai’s real estate transactions surge 31% to reach $68.6bln in Q1 2026 Dubai’s real estate market remained strong in Q1 2026, with transactions reaching AED252 billion, up 31% year-on-year. Growth was supported by rising investment, more new investors, strong foreign and luxury demand, and continued confidence in Dubai’s stability, infrastructure, and long-term economic strategy. Read the full article on Zawya Dubai announces temporary regulatory relief to support DIFC firms The Dubai Financial Services Authority (DFSA) has introduced temporary regulatory relief measures for firms operating in the Dubai International Financial Centre (DIFC), aiming to ease operational pressures while maintaining supervisory standards. Read the full article on Arabian Business Qatar real estate transactions grow 28.5 percent to $2.52 billion in Q1 2026 Qatar’s real estate market started 2026 strongly, with Q1 sales rising 28.5% year-on-year to QAR9.2 billion. Rental activity also improved, while March recorded QAR768.2 million in transactions, led by Doha, Al Rayyan, and Al Dhaayen, supported by regulatory reforms and steady demand. Read the full article on Economy Middle East Ellington Properties to launch flagship sales experience centre at Uptown Dubai DMCC announced Ellington Properties will open a 16,000 sq ft flagship sales centre at The Atrium in Uptown Dubai. The facility will combine an experience centre, sales hub, offices and show units, reinforcing Uptown Dubai’s appeal as an integrated lifestyle and investment destination. Read the full article on Zawya Sobha Realty to offer integrated home financing solutions for Dubai off-plan projects Emirates NBD and Sobha Realty have partnered to offer tailored mortgage solutions for Dubai off-plan buyers. The deal aims to provide early financing clarity, competitive rates and faster approvals, making the buying process smoother while supporting more structured growth in Dubai’s property market. Read the full article on Construction Week Online Sharjah’s resilient economy drives growth in key sectors Sharjah business groups said the emirate’s economy remains resilient, supported by flexible regulation, infrastructure investment and strong public-private coordination. They highlighted steady performance across food, real estate, hospitality, legal, industrial and used-car sectors, reinforcing Sharjah’s position as a sustainable and competitive business hub. Read the full article on Gulf News Hudayriyat Island leads Abu Dhabi real estate sales, followed by Al Reem Island in Q1 2026 Hudayriyat Island led Abu Dhabi’s Q1 2026 real estate market with AED11.97 billion in sales, ahead of Al Reem Island at AED9.45 billion. Overall transactions surged 160.7% year-on-year to AED66 billion, reflecting strong investor confidence and demand for high-quality, integrated communities. Read the full article on Zawya UAE economy set to grow 5.6% in 2026: Central Bank report The UAE economy grew 5.6% in 2025 and is expected to match that in 2026, driven by non-oil sectors. Strong trade, banking, real estate and tourism performance, alongside a fiscal surplus, highlighted the success of diversification and economic resilience. Read the full article on Gulf News Arada hands over first homes at Vida Residences Aljada Arada has handed over Sharjah’s first branded residences project, Vida Residences Aljada, marking the completion of 579 units within the Vida Aljada complex. The milestone lifts completed homes at Aljada above 8,800 and strengthens the megaproject’s premium lifestyle, hospitality and investment appeal. Read the full article on Zawya Dubai Real Estate Transactions as Reported on the 9th of April 2026 On the 09-Apr-2026, the total transacted value reached AED 2.09 billion. Off-plan dominated with AED 1.64 billion (78.5%), while Ready accounted for AED 449.4 million (21.5%). Category Off-Plan (AED millions) Ready (AED millions) Flats 1,281.7 277.8 Villas 122.0 135.8 Hotel Apt. & Rooms 10.2 10.8 Commercial 224.2 25.0 Total 1,638.1 449.4 Off-Plan Market Performance Total Value: AED 1.64 billion Off-plan activity was overwhelmingly driven by flats, while commercial assets also made a meaningful contribution, underlining continued investor preference for scalable, pipeline-led stock. Ready Market Performance Total Value: AED 449.4 million Ready-market demand was more balanced than off-plan, with villas taking a relatively strong share, suggesting healthy appetite for immediately usable family-oriented stock alongside apartment demand. On The Micro Level Market Insights & Outlook The day’s trading profile points to a market still firmly led by off-plan launches and absorption, with nearly four-fifths of value coming from that segment. At the same time, the ready market remained active enough to account for more than one-fifth of total value, with villas standing out as a notable support pillar. Overall, the mix suggests Dubai continues to attract both forward-looking capital into new supply and end-user or income-focused demand in completed stock. Data Source: Dubai Land Department *We use only freehold transactions

Dubai Real Estate Market Review 24-Apr-2026

Dubai Real Estate Market Review 09-Apr-2026

A new report says Abu Dhabi investors are increasingly favouring completed, income-producing properties over speculative bets Dubai court terminates villa contract in Bosnia, orders firm to return Dhs244,000 Dubai’s Real Estate Court cancelled a Sarajevo villa sale after the developer failed to deliver and later failed to refund the buyer. The court ordered the company to repay Dhs244,000, plus 5% annual interest from the claim date, along with fees, expenses, and legal costs. Read the full article on Gulf Today Dubai real estate demand remains stable as core communities continue to attract strong interest Bayut data shows Dubai property seekers stayed active in March 2026, but with more deliberate, value-focused searches. Apartments led demand, especially in JVC, while villa interest centered on DAMAC Hills 2. The market appears resilient, with buyers recalibrating rather than retreating amid uncertainty. Read the full article on Economy Middle East Emirates NBD to offer home financing solutions for Sobha projects in Dubai Emirates NBD and Sobha Realty have partnered to offer tailored mortgages for Sobha’s off-plan Dubai projects. The tie-up aims to give eligible buyers earlier financing clarity, competitive rates, and a smoother approval process, supporting confidence in Dubai’s luxury housing market. Read the full article on Zawya Union Properties approves first dividend payout in more than a decade Union Properties approved its first dividend in 11 years, paying AED129 million, as stronger profits, cash reserves and shareholder turnout signalled improving investor confidence. The move marks a key milestone in the developer’s turnaround and its push into a new long-term growth phase. Read the full article on Arabian Business Dubai’s off-plan market ‘more selective now, but long-term confidence remains’ betterhomes says Dubai’s off-plan market remains strong but is becoming more selective, with buyers focusing on price, delivery certainty and long-term value. March activity slowed from February, pricing eased about 13%, and demand is shifting toward investors with five- to ten-year horizons. Read the full article on Zawya Cavendish Maxwell inks collaboration with International Real Estate Partners Cavendish Maxwell and IREP have partnered to offer integrated advisory, facilities management and asset optimisation services across the Middle East. The alliance targets governments, developers and large asset owners, aiming to reduce fragmentation, improve efficiency and support stronger long-term asset performance. Read the full article on Consultancy ME Sanzen begins Sukoon in Sharjah Sanzen has started construction on Sukoon, a AED1.5 billion wellness-focused villa and townhouse community in Sharjah. Phase 1 sold out on launch day, prices are locked for six months, and the 859-unit project is scheduled for handover in Q2 2029. Read the full article on Zawya Investors shifting to completed properties, says Driven A new report says Abu Dhabi investors are increasingly favouring completed, income-producing properties over speculative bets. Strong 2025 growth has carried into early 2026, but with more selective capital focused on asset quality, rental income, and long-term value in a maturing market. Read the full article on Gulf Daily News Almal confirms 23% completion at their sold-out development – the unexpected al Marjan Island Hotel & Residences Almal says construction at its sold-out Al Marjan Island project in Ras Al Khaimah is 23% complete and on track for 2027 handover. The developer says strong progress, premium pricing and demand linked to Wynn underline investor confidence in the emirate’s growing luxury tourism market. Read the full article on Zawya Dubai Real Estate Transactions as Reported on the 8th of April 2026 On the 08-Apr-2026, the total transacted value reached AED 1.45 billion. Off plan dominated with AED 1.07 billion (73.4%), while Ready accounted for AED 386.5 million (26.6%). Category Off-Plan (AED millions) Ready (AED millions) Flats 945.5 294.1 Villas 91.1 59.0 Hotel Apt. & Rooms 0.6 8.3 Commercial 29.5 25.1 Total 1,066.7 386.5 Off-Plan Market Performance Total Value: AED 1.07 billion Off-plan activity was overwhelmingly driven by flats, which captured nearly nine-tenths of the segment’s value, keeping the market firmly tilted toward apartment-led launches. Ready Market Performance Total Value: AED 386.5 million Ready transactions were also led by flats, though villas and commercial assets contributed a more meaningful share here than in the off-plan market. On The Micro Level Market Insights & Outlook Dubai’s 08 April trading pattern points to a market still heavily anchored by off-plan demand, particularly in the apartment segment. With 73.4% of total value coming from off-plan and 88.6% of that segment concentrated in flats, buyer appetite remains focused on relatively liquid, scalable residential product. Meanwhile, the Ready market provided a more balanced mix, with villas and commercial units taking a larger relative share, suggesting continued end-user and investor demand for completed assets alongside new launches. Data Source: Dubai Land Department *We use only freehold transactions

Dubai Real Estate Weekly Market Analysis 20-Apr-2026

Dubai Real Estate Market Review 08-Apr-2026

Dubai recorded 44,100 residential transactions in Q1 2026, up 4.2% year-on-year Abu Dhabi property hits record Dh66 billion as investor demand surges Abu Dhabi’s property market posted a record Q1 2026, with transactions surging to Dh66 billion, driven by strong sales, rising foreign investment, and heavy activity in key zones like Hudayriyat, Reem, and Saadiyat, while demand continued to outpace new supply. Read the full article on Gulf News Dubai’s residential property market posts 44,100 transactions in Q1 Dubai recorded 44,100 residential transactions in Q1 2026, up 4.2% year-on-year, with off-plan making up 73% of sales and rising 10.3%. Ready sales weakened, down 9.2%, while March was the quarter’s softest month, with a sharp 35% drop in ready transactions. Read the full article on Zawya UAE real estate services to hit Dh97b by 2031 as Dubai leads growth The UAE real estate services market is projected to grow from Dh74.5 billion in 2026 to Dh97.6 billion by 2031, driven by Dubai’s dominance, rising demand for brokerage and management services, luxury property growth, and digital tools that improve transparency, efficiency and investor confidence. Read the full article on Khaleej Times Dubai emerges as global hub for on-chain real estate capital formation with Tokinvest launch Tokinvest has launched a Dubai-regulated tokenised product linked to a UK build-to-rent asset worth about AED40 million, highlighting Dubai’s push to become a global hub for regulated real-world asset tokenisation and modernising cross-border real estate capital formation. Read the full article on Zawya Luxury Palm Jumeirah apartment sold for Dh65.4 million A Dh65.4 million off-plan apartment sale at Orla Infinity on Palm Jumeirah highlights Dubai’s resilient luxury market, with strong demand from global wealthy buyers helping sustain momentum despite regional tensions. Luxury transactions reached 6,668 deals worth Dh143.8 billion in 2025. Read the full article on Gulf News RAK’s largest private developer, BNW Developments, debuts in Dubai with off-plan branded residences BNW Developments has entered Dubai with Orvessa Residences by Michel Adam, a 92-unit branded project in Al Furjan, marking its first Dubai launch and signalling a broader expansion strategy focused on design-led living, premium partnerships and long-term residential value. Read the full article on Zawya UAE’s crisis response shows that businesses can be a social safety net During the recent conflict, UAE businesses responded with unusual empathy, offering free stays, medical care, counseling, home repairs, discounts, and workplace flexibility, showing that resilience was defined not just by continuity, but by how quickly companies supported people under pressure. Read the full article on Fast Company Grovy’s Dubai residential project on track for 2027 handover Grovy says Rivo by Grovy in DLRC is progressing on schedule toward Q4 2027 handover, with enabling works nearly complete and Al Ishrak appointed as main contractor. The 133-unit project reflects Grovy’s focus on timely delivery, procurement planning, and proptech-led construction management. Read the full article on Zawya Dubai Real Estate Transactions as Reported on the 7th of April 2026 On the 07-Apr-2026, the total transacted value reached AED 2.06 billion. Off-plan dominated with AED 1.58 billion (76.3%), while Ready accounted for AED 488.4 million (23.7%). Category Off-Plan (AED millions) Ready (AED millions) Flats 1,428.6 314.9 Villas 72.4 129.6 Hotel Apt. & Rooms 8.7 7.9 Commercial 65.8 36.1 Total 1,575.6 488.4 Off-Plan Market Performance Total Value: AED 1.58 billion Off-plan activity overwhelmingly centered on flats, showing that buyer appetite remained concentrated in the apartment segment, while villas and commercial assets played a much smaller supporting role. Ready Market Performance Total Value: AED 488.4 million The ready market was more balanced than off-plan, with flats still leading but villas taking a meaningful share, suggesting continued demand from end-users and buyers seeking immediately available stock. On The Micro Level Market Insights & Outlook Dubai’s market on 07 April 2026 remained firmly tilted toward off-plan, which captured more than three-quarters of the day’s total value. That level of dominance suggests confidence in future delivery and pricing upside continues to outweigh caution, particularly in the flats segment. At the same time, the ready market’s stronger villa share shows that buyers are still allocating meaningful capital to completed homes, especially where immediate use or rental income matters. Overall, the numbers reflect a market that remains liquid, residential-led, and heavily skewed toward off-plan apartments as the main engine of value creation. Data Source: Dubai Land Department *Only freehold transactions were use

Dubai Real Estate Market Review 23-Apr-2026

Dubai Real Estate Market Review 07-Apr-2026

A record Dh20 million two-year lease at Marsa Al Arab Villas Dubai real estate steadies as fundamentals stay strong UAE property is pausing, not retreating, geopolitical tension has delayed some decisions, but demand remains supported by population growth, investor inflows and off-plan sales. March softened due to seasonal factors, while prices adjusted selectively, signalling a healthier, more disciplined market rather than distress. Read the full article on Khaleej Times Property launches, sales, construction works continue in UAE despite regional conflict Dubai’s property market is still moving despite regional conflict, but more slowly. Developers say strong escrow reserves, low leverage and high sell-through rates are keeping construction and launches on track, while March sales and new project demand suggest investor confidence in Dubai and Sharjah remains resilient. Read the full article on Khaleej Times Keturah Resort to reinforce the UAE’s place among the world’s fastest-growing wellness destinations Keturah Resort’s Ritz-Carlton Residences is seeing strong demand, with four waterfront mansions and over half its apartments sold. The Dubai Creek wellness-led luxury project remains on schedule, targeting buyers seeking permanent residence and reflecting rising demand for health-focused, ultra-prime real estate in Dubai. Read the full article on Hotelier Middle East EXCLUSIVE: YallaValue launches property auction service licensed by Dubai Land Department YallaValue has launched a property auction service, betting that a more transparent and time-bound sales model could gain traction across the emirate. Read the full article on Khaleej Times Dubai’s ultra-prime rental market sets new benchmark with Dh20 million Marsa Al Arab Villa lease Dubai’s ultra-prime market remains strong, highlighted by a record Dh20 million two-year lease at Marsa Al Arab Villas. The deal signals continued global demand for rare beachfront assets, with wealthy tenants drawn by privacy, stability, and flexibility while waiting for purchases or off-plan completions. Read the full article on Khaleej Times DAMAC records Dh3.12 billion in March sales as Q1 property activity surges DAMAC led Dubai property sales in March with Dh3.12 billion from 1,106 deals, capping a strong quarter. The wider market stayed buoyant, with Q1 sales surging 72.46% year-on-year to Dh246.12 billion, showing resilient investor demand despite regional tensions. Read the full article on Gulf News Mira Developments launches Richmond District in Dubai with 6 towers Mira Developments launched Richmond District in Al Furjan, a branded master-planned project with homes, offices and retail beside the metro. Backed by John Richmond design and strong launch turnout, it reflects continued demand for connected, design-led developments despite regional tension. Read the full article on Zawya Investment-Grade Living: Why Luxury Real Estate Is Emerging as a Preferred Wealth Preservation Asset Luxury real estate is increasingly seen as a wealth-preservation asset, not just a lifestyle purchase. In markets like Dubai and Mumbai, scarce, well-located homes with strong rental potential, long-term appeal and resilience across cycles are becoming strategic investments for protecting and growing capital. Read the full article on APN News Dubai property market sales hit $48.11bln in Q1 Dubai recorded 47,996 property sales worth AED176.7 billion in Q1 2026, with value up 23.4% year-on-year. Off plan dominated at about 70% of activity, while villas, commercial sales and mortgages all rose, highlighting strong market resilience despite regional uncertainty. Read the full article on Zawya Dubai Announces Investment of $94M in 35 New Parks under Dubai 2040 Urban Master Plan The new parks are strategically located to ensure residents can access green spaces within a five-minute walk, reflecting the city’s drive to embed public spaces into daily life. Read the full article on MEP Middle East Little Barons offers to cover DLD fees on any off-plan purchase Little Barons has launched a Dh10,000-a-year members’ club in the UAE offering first-time off-plan buyers DLD fee coverage of up to 4%, plus better payment plans, financing help and concierge services. The model aims to give individual investors institutional-style buying advantages across all developers. Read the full article on Khaleej Times Dubai Real Estate Transactions as Reported on the 6th of April 2026 On the 06-Apr-2026, the total transacted value reached AED 1.62 billion. Off plan dominated with AED 1.21 billion (74.7%), while Ready accounted for AED 409.8 million (25.3%). Category Off-Plan (AED millions) Ready (AED millions) Flats 820.4 262.1 Villas 160.3 121.3 Hotel Apt. & Rooms 0.0 1.1 Commercial 229.3 25.3 Total 1,210.0 409.8 Off-Plan Market Performance Total Value: AED 1.21 billion Off-plan activity remained the clear engine of the market, with flats making up more than two-thirds of the segment, while commercial assets also posted a strong contribution, helping push off-plan close to three-quarters of total daily trading. Ready Market Performance Total Value: AED 409.8 million Ready transactions were led by flats, with villas also showing meaningful depth. Commercial and hotel apartment activity remained limited, keeping the secondary market more concentrated in mainstream residential product. On The Micro Level Market Insights & Outlook Dubai’s market on 06 April 2026 showed a familiar pattern: off-plan continued to absorb the bulk of capital, supported by strong apartment demand and a notable commercial contribution. Ready transactions, while smaller in total value, still delivered a healthy level of end-user and investor activity, especially in flats and villas. Overall, the mix suggests confidence remains intact, with buyers still favouring new-launch and under-construction opportunities, while the ready segment continues to provide stable underlying support. Data Source: Dubai Land Department *Only freehold transactions were used

Dubai Real Estate Weekly Market Analysis 20-Apr-2026

Dubai Real Estate Weekly Market Analysis 06-Apr-2026

A Strong start for Dubai real estate market in the first week of April Total trading reached AED 10.591 billion in Week 14 on an ex-land basis. Off-Plan accounted for AED 7.473 billion (70.6%), while Ready reached AED 3.118 billion (29.4%). Transaction activity also improved, with 4,636 transactions, up from 4,097 last week, while weekly value increased by 22.3% from AED 8.659 billion. Category Off-Plan (AED millions) Ready (AED millions) Flat 5451 2236 Villa 427 620 Hotel Apt. & Rooms 29 66 Commercials 1567 197 Total 7.473 3.118 Off-Plan Market Performance Category Value (AED millions) % of Off-Plan Flat AED 5451.0 72.9% Villa AED 426.9 5.7% Hotel Apt. & Rooms AED 28.5 0.4% Commercials AED 1.567 21.0% Off-plan remained the clear engine of the market, driven overwhelmingly by flat sales, which alone contributed nearly three-quarters of the segment. The other standout was commercial activity, which reached AED 1.567 billion, a very strong 21.0% of off-plan value and a sign that the week was not purely residential in character. On transaction type, off-plan was almost entirely sales-led: Sales totaled AED 7.359 billion, or 98.5% of off-plan value, while Gifts stood at AED 97.6 million (1.3%) and Mortgage activity was negligible at AED 16.7 million (0.2%). The top 10 off-plan areas generated AED 4.490 billion, equal to 60.1% of the segment, highlighting a concentrated market led by Business Bay, which alone delivered AED 1.500 billion, or about 20.1% of all off-plan value. Top Performing Off-Plan Areas Area Value (AED millions) Business Bay AED 1500.0 Madinat Al Mataar AED 578.0 Dubai Creek Harbour AED 387.4 Burj Khalifa AED 339.6 Al Yelayiss 1 AED 303.6 Ready Market Performance Category Value (AED millions) % of Ready Flat AED 2236.0 71.7% Villa AED 619.5 19.9% Hotel Apt. & Rooms AED 66.1 2.1% Commercials AED 196.7 6.3% The ready market was smaller than off plan, but still substantial at more than AED 3.1 billion, with flats again dominating at 71.7% of segment value. Unlike off plan, however, the ready market showed a much more balanced mix between sales and mortgages. Mortgage transactions reached AED 1.550 billion, accounting for 49.7% of ready value, slightly ahead of Sales at AED 1.406 billion (45.1%), while Gifts contributed AED 162.6 million (5.2%). This is an important signal: the ready market this week was not driven only by transfer activity, but by financing as well. Geographically, the top 10 ready areas accounted for AED 1.743 billion, or 55.9% of ready value, with Burj Khalifa alone contributing AED 692.6 million, equal to 22.2% of the segment. Top Performing Ready Areas Area Value (AED millions) Burj Khalifa AED 692.6 Jumeirah Village Circle AED 173.0 Business Bay AED 165.4 Al Furjan AED 136.8 Dubai Marina AED 132.4 On the Micro Level At the individual asset level, the highest-value deals reinforce the premium bias visible in the area rankings. In off plan, the biggest flat transaction was in Burj Khalifa area at AED 121.8 million, while the top villa transaction came from Wadi Al Safa 3 at AED 13.0 million. In ready, the largest flat deal was recorded in Bluewaters at AED 90.0 million, while the top villa transaction was in Nad Al Sheba Gardens at AED 12.8 million. Relative to their segment categories, these represented roughly 2.2% of off-plan flat value, 3.0% of off-plan villa value, 4.0% of ready flat value, and 2.1% of ready villa value. Weekly Comparison Metric Last Week This Week Change Total Value AED 8.659 billion AED 10.591 billion +AED 1.932 billion (+22.3%) Transactions 4,097 4,636 +539 (+13.2%) Market Insights & Outlook Week 14 was a strong rebound week, with both value and transaction count moving higher. The structure of the market remained familiar in one sense, off-plan still dominated overall activity, but the internal composition of the week was more interesting than a routine off-plan surge. First, off-plan was driven not just by flats, but also by an unusually large commercial contribution. Second, the ready segment showed real depth through mortgage-backed activity, with financing marginally exceeding outright ready sales by value. That combination suggests this was not a one-dimensional speculative week; it reflected both launch-driven appetite in off-plan and solid balance-sheet participation in ready stock. Area concentration also mattered. Business Bay was the centerpiece of off-plan value, while Burj Khalifa dominated the ready segment, indicating that capital continued to cluster in established, high-liquidity districts. Overall, the numbers point to a market that strengthened week on week, broadened beyond pure residential off-plan flow, and remained highly selective in where large-ticket capital was deployed. Data Source: Dubai Land Department Only freehold transactions are included

Dubai Real Estate Market Review 22-Apr-2026

Dubai Real Estate Market Review: March 2026

March 2026 Sees Market Pullback as Transaction Value Slips Sharply from February In March 2026, Dubai recorded a total transacted value of AED53.37 billion across 16,855 transactions. Off plan led with AED23.52 billion (44.1%), while Ready contributed AED10.50 billion (19.7%) and Land added AED19.34 billion (36.2%). Compared with February 2026, total value fell 29.2% from AED75.37 billion, while transaction count declined 19.2% from 20,852. Against March 2025, total value was down just 13% from AED61.19 billion. Category Value (AED bn) Share of Monthly Total Off-Plan 23.52 44.1% Ready 10.50 19.7% Land 19.34 36.2% Total 53.37 100.0% Category Off-Plan (AED Millions) Ready (AED Millions) Flat 18,197.2 6,939.9 Villa 3,399.7 2,328.0 Hotel Apt. & Rooms 97.4 437.0 Commercial 1,827.8 798.6 Total 23,522.1 10,503.5 Off-Plan Market Performance Category Value (AED bn) % of Off-Plan Flat 18.20 77.4% Villa 3.40 14.5% Hotel Apt. & Rooms 0.10 0.4% Commercial 1.83 7.8% Total 23.52 100.0% March’s off-plan market remained overwhelmingly apartment-driven, with flats alone generating more than three-quarters of segment value. Villas added a healthy secondary layer, while commercial stock also made a meaningful contribution, showing that investor appetite was not limited to residential launches. Top Performing Off-Plan Areas By number of transactions, activity was led by more affordable and high-absorption districts: By value traded, the ranking shifted toward larger-ticket and strategic master-planned locations: This split is important: transaction volume was concentrated in broad-market absorption zones, while value concentration tilted toward premium and strategic locations. In other words, March’s off-plan market had both width and depth. Top Performing Off-Plan Projects The top 10 off-plan projects generated AED4.91 billion, equal to about 20.9% of total off-plan value. The leaders were: At the micro level, the off-plan market’s biggest single flat transaction came from Aman Residences in Jumeirah Second at AED422 million, underlining how a handful of ultra-prime deals can materially lift monthly value even when broader transaction volumes are spread across mid-market communities. Ready Market Performance Category Value (AED bn) % of Ready Flat 6.94 66.1% Villa 2.33 22.2% Hotel Apt. & Rooms 0.44 4.2% Commercial 0.80 7.6% Total 10.50 100.0% The ready market was also led by flats, though less heavily than off-plan. Villas accounted for a much larger share here, reflecting the role of the secondary market in end-user and luxury villa transactions. Relative to off-plan, the ready segment showed a more balanced mix across residential, hospitality-linked, and commercial assets. Top Performing Ready Areas By number of transactions, the most active ready-market districts were: By value traded, prime and mature communities dominated: This tells a clear story: JVC and Majan were volume engines, but Dubai Marina, Business Bay, Burj Khalifa, and Palm Jumeirah carried the pricing power. Top Performing Ready Projects The top 10 ready projects generated AED1.42 billion, or about 13.6% of total ready value. The leaders were: The concentration here was lower than in off-plan, suggesting the ready market’s value was spread across a wider set of projects and communities. Land Market Performance Land remained a major pillar of March activity, accounting for more than a third of all transacted value. Top Performing Land Areas by Value Land clearly played an outsized role in shaping the month’s overall value; however, it was smaller than the previous months. Without land, the market would have stood at AED34.03 billion, meaning land was the swing factor behind March’s aggregate scale. Highest Transaction Value Segment Asset Type Area / Project Value Off-Plan Flat Jumeirah Second (Aman Residences) AED422,000,000 Off-Plan Villa Wadi Al Safa 3 (Karl Lagerfeld Villas By Taraf) AED43,421,000 Ready Flat Bluewaters AED90,000,000 Ready Villa Palm Jumeirah (EOME) AED100,000,000 Land Land Sufouh Gardens AED705,000,000 These headline transactions show that ultra-prime stock and strategic land parcels continued to anchor the top end of the market, even as mass-market districts drove a large share of the monthly deal count. Transaction Type Ex-Land Transaction Type Off-Plan Ready Gifts AED163.2 million AED676.3 million Mortgage AED107.5 million AED4.24 billion Sales AED23.25 billion AED5.59 billion Off-plan value was almost entirely sales-led: Ready market value was far more balanced: That gap is structurally important. The off-plan market remains primarily a developer-sales market, while the ready segment reflects a more mature financing-backed resale market. On The Micro Level Monthly Comparison Metric Feb 2026 Mar 2026 Change Total Value AED75.37 bn AED53.37 bn -29.2% Transactions 20,852 16,855 -19.2% Metric Mar 2025 Mar 2026 Change Total Value AED54.08 bn AED61.19 bn -13% Market Insights & Outlook March 2026 showed a softer month-on-month profile versus February largely due to the current geopolitical concerns, with both value and transaction count pulling back, the year-on-year comparison wasn’t much different. The structure of the month was notable: off-plan remained the main transactional engine, ready retained depth in core urban districts, and land continued to command a very large share of capital deployment. The area rankings also reveal a two-speed market. High-volume communities such as Madinat Al Mataar, Al Yelayiss 1, JVC, and Majan drove deal flow, while prime districts such as Jumeirah Second, Palm Jumeirah, Dubai Marina, and Business Bay captured disproportionate value. That combination points to a market that still has both speculative breadth and premium depth. For April, the key question is whether transaction activity rebounds from March’s lower base, especially in secondary market volume, or whether the market remains more selective with value increasingly supported by large land and trophy transactions rather than broad-based acceleration. Data Source: Dubai Land Department *Only freehold transactions were used

Dubai Real Estate Market Review 24-Apr-2026

Dubai Real Estate Market Review 02-Apr-2026

Modon to cover registration fees for all residential units bought in March Dubai real estate: Off-plan apartment sales hit $4.77 billion in March, up 12.9 percent Dubai’s March 2026 off-plan apartment market stayed strong: sales rose 12.9% year-on-year to AED17.5bn, with deal volume up 2.3% to 7,983. Dubai Islands led by value, Madinat Al Mataar by volume, while Aman Residences Dubai dominated the luxury segment with record-ticket transactions. Read The Full Article on Economy Middle East Dubai records Dh1b-plus land deal in Palm Jumeirah Dubai recorded a landmark Palm Jumeirah land sale above Dh1 billion at Royal Amwaj. Total real estate activity hit Dh3.18 billion, led by Dh1.73 billion in sales. Q1 2026 sales rose 23.85% year-on-year to Dh175.88 billion, showing resilient investor confidence. Read the full article on Gulf News Danube Properties unveils AED 3.5mln+ ‘Greenz’ Master Community in Dubai’s high-growth Academic City Danube launched Greenz By Danube, its first large master-planned community in Dubai International Academic City. Offering villas and townhouses from AED3.5 million, the project targets families and investors, with 50+ amenities, a 1% monthly plan, and handover expected in Q4 2029. Read the full article on Zawya Dubai leads UAE in luxury-branded residential positioning at 88%, new industry analysis finds Illustrado’s new report says Dubai leads the UAE in luxury-led residential marketing, with 88% of projects using premium positioning. It warns of growing “luxury sameness,” making differentiation harder and pushing competition toward price, delivery, and brand credibility. Read the full article on Gulf News Dubai’s haus & haus and EIGHTClouds launch structured real estate push haus & haus and EIGHTClouds have partnered to bring institutional-style real estate investing to the UAE. Their new open-ended residential fund targets stable income and long-term growth, reflecting a market shift toward diversified, professionally managed portfolios and disciplined execution. Read the full article on Arabian Business NKEY Architects expands UAE footprint to 250+ active projects NKEY Architects says it is expanding from its Dubai base, with 250+ active UAE projects and 150+ staff. The firm sees strong growth in luxury residential design, while using Dubai as a hub to manage projects across the Middle East and more than 45 countries. Read the full article on Middle East Construction News Neoterra Developments breaks ground for ELMORA; unveils next project in Dubai Production City Neoterra has broken ground on ELMORA at Jumeirah Garden City, a Dh130 million boutique residential tower due in February 2028 and already nearly 80% sold. The launch signals the developer’s wider Dubai expansion, with a second project planned in Dubai Production City in Q2 2026. Read the full article on Gulf News Modon to cover registration fees for all residential units bought in March Modon will cover registration fees for all residential units bought in March, rewarding buyer confidence. The move follows strong 2025 results, with AED13.8 billion in revenue and AED3.9 billion in net profit, as the developer continues aligning its growth strategy with Abu Dhabi’s long-term economic agenda. Read the full article on Zawya UAE tenants delay renewals: Expert reveals how to negotiate and get the best rents Tenants in Dubai and Abu Dhabi are gaining some negotiating power as short-term rental weakness and shifting sentiment soften parts of the market. Experts say rents remain high, but conditions are becoming more balanced, with some residents delaying renewals or seeking shorter, more flexible lease terms. Read the full article on Khaleej Times Palma completes work on premium Palm Jumeirah residential project Palma has completed Serenia Living on Palm Jumeirah, with handovers now starting. Launched at AED3 billion in 2022, the ultra-premium beachfront project has doubled in value to over AED6 billion, highlighting strong demand for high-end waterfront homes in Dubai. Read the full article on Zawya Dubai Real Estate Transactions as Reported on the 1st of April 2026 On the 01-Apr-2026, the total transacted value reached AED 2.48 billion. Off-plan dominated with AED 2.06 billion (82.9%), while Ready accounted for AED 425.7 million (17.1%). Category Off-Plan (AED millions) Ready (AED millions) Flats 1,339.5 271.7 Villas 83.3 92.3 Hotel Apt. & Rooms 5.4 17.7 Commercial 629.9 44.0 Total 2,058.1 425.7 Off-Plan Market Performance Total Value: AED 2.06 billion Off-plan activity was heavily led by flats, but the standout feature of the day was the unusually strong commercial contribution. Lumena Alta by Omniyat alone generated about AED 545.3 million from the listed office sales, equivalent to roughly 86.6% of off-plan commercial value and 26.5% of total off-plan value, materially lifting the off-plan segment. Ready Market Performance Total Value: AED 425.7 million The Ready market remained much smaller than Off plan, with demand concentrated in flats. Villas also posted a meaningful share, while commercial and hotel-linked assets played a secondary role in the day’s completed-market activity. On The Micro Level Market Insights & Outlook The 01-Apr-2026 data points to a market still firmly led by Off-plan, but with a notable twist: this was not just a standard apartment-led session. While flats remained the backbone of both Off-plan and Ready demand, the surge in off-plan commercial value , driven by Lumena Alta by Omniyat, widened the gap between the two segments and pushed total daily activity above AED 2.48 billion. Overall, the market continues to show strong primary-market depth, while the secondary market remains healthy but clearly less dominant on this session. Data Source: Dubai Land Department *Only freehold transactions were used

Dubai Real Estate Weekly Market Analysis 20-Apr-2026

Dubai Real Estate Market Review 01-Apr-2026

We will not lay off any employees, said a Dubai developer Azizi hands over 667 residences at flagship Dubai waterfront community Azizi Developments has handed over Riviera 69 and Beachfront I at Azizi Riviera in Meydan, marking another delivery milestone. The move highlights faster project execution, growing Phase 4 completion, and continued progress in building Riviera as a large integrated waterfront lifestyle community. Read the full article on Zawya Hotel apartments lead surge in Dubai’s fully furnished property market Dubai’s furnished-home market is gaining traction, led by hotel apartments, where 86.5% of listings are fully furnished. The trend is driven by expatriates, mobile professionals, and investors seeking convenience, faster move-ins, stronger rental yields, and lower vacancies, while villas and townhouses remain mostly unfurnished. Read the full article on Khaleej Times Dubai real estate: Burj Khalifa penthouse rents for record $3.27m per year The Dubai ultra luxury real estate market has set a new benchmark, with a duplex penthouse in the Burj Khalifa leased for AED12m ($3.27m) per year, marking the highest recorded annual apartment rental in the UAE. Read the full article on Arabian Business Dubai rentals steady as landlords hold firm despite tensions Dubai’s leasing market is cooling but not weakening. Tenant enquiries are down, listings are up, and renters are becoming more selective, yet landlord confidence remains strong, distressed selling is absent, and off-plan demand continues to support the market’s resilience amid regional tensions. Read the full article on Khaleej Times UAE real estate: Dubai $115m deal, Abu Dhabi $1.63bn sales, Sharjah transactions jump 71.8 per cent UAE real estate gained momentum in March 2026, driven by major project launches, strong sales, record transactions and steady construction across Dubai, Abu Dhabi and Sharjah. Luxury deals, resilient developer activity and rising investor confidence underscored the market’s strength, while Sharjah posted a sharp Ramadan surge. Read the full article on Arabian Business Dubai developer DAMAC sells 3,663 units in Q1 2026 DAMAC sold 3,663 homes in Q1 2026 as Dubai real estate sales jumped 72.5% year on year to AED246.1 billion. The developer said demand remains strong, construction is on schedule, and the UAE’s economic stability continues to reinforce investor confidence despite regional tensions. Read the full article on Zawya Dubai Investments breaks ground on Al Vista mixed-use project in Meydan Horizon Dubai Investments has started construction on Al Vista in Meydan Horizon, a mixed-use project featuring a 39-storey residential tower with 312 apartments and a 19-storey office tower. Completion is targeted for Q1 2028, with construction awarded to Hourie Paramount. Read the full article on Zawya ‘We will not lay off any employees’: Danube Group’s Rizwan Sajan pledges salaries on time Danube Group said it will keep all 6,000+ staff, avoid layoffs and pay salaries on time despite regional tensions. The reassurance came as Dubai’s property market remained strong, recording AED13.15 billion in weekly transactions, including major luxury apartment deals. Read the full article on Arabian Business Major Developments Partners with Mortix to Help Investors Secure Property Loans with Ease Major Developments partnered with Mortix Mortgage Broker to offer buyers free mortgage support, aiming to simplify property purchases for local and international investors. The move supports demand for its UAE projects, especially in Ras Al Khaimah, and reflects a broader push toward smoother, investor-friendly homeownership. Read the full article on Khaleej Times Dubai leasing market adjusts as rental listings increase: report Dubai’s leasing market remains active but is becoming more selective. Tenant leads are down 30 to 40 percent year on year, while listings have risen 23 percent, giving renters more choice and pushing landlords to focus on realistic pricing, strong presentation and flexibility. Read the full article on Zawya Abu Dhabi’s Ohana says self-funding projects offer full development control Ohana Development will self-fund its AED15 billion Manchester City Yas Residences in Abu Dhabi, with groundbreaking set for June 2026 and handovers from 2029. The two-phase project, which sold $1.63 billion in 72 hours, reflects strong confidence in Abu Dhabi’s off-plan market. Read the full article on Zawya Dubai Real Estate Transactions as Reported on the 30th of March 2026 On the 31-Mar-2026, the total transacted value reached AED 2,014,208,203. Off-plan dominated with AED 1,436,009,363 (71.3%), while Ready accounted for AED 578,198,840 (28.7%). Category Off-Plan (AED millions) Ready (AED millions) Flats 1,229.7 383.9 Villas 75.2 149.4 Hotel Apt. & Rooms 4.2 14.7 Commercial 126.9 34.7 Total 1,436.0 578.2 Off-Plan Market Performance Total Value: AED 1,436,009,363 Dubai’s off-plan market remained firmly in control, with flats overwhelmingly driving activity and accounting for the vast majority of the segment’s value, while commercial assets provided an additional layer of support. Ready Market Performance Total Value: AED 578,198,840 The ready market showed a more balanced structure than off-plan, with flats still leading, but villas making a much stronger contribution and highlighting continued appetite for completed family-oriented stock. On The Micro Level Market Insights & Outlook The day’s performance points to a market that remains heavily skewed toward off-plan, with nearly three-quarters of total value coming from that segment. That said, ready transactions still posted a solid AED 578.2 million, supported by healthy flat and villa activity. Overall, the structure suggests Dubai’s market remains broad-based, but with new-launch apartment product continuing to set the pace. Data Source: Dubai Land Department *Only freehold transactions were used