MarketReview – The Noble House

Dubai Real Estate Market Review: October 2024

Dubai Real Estate Transactions as Reported on the 5th of December 2024

The Dubai real estate market continues to showcase remarkable dynamism, with total transactions recorded at AED 1.51 billion on December 5, 2024. This report delves into the details of both off-plan and ready property sales, breaking down their contributions and providing an insight into the various property types. Total Transaction Breakdown: Off-Plan vs. Ready Properties The transactions for December 5, 2024, revealed a balanced market with a total value of AED 1,507,753,833 split between off-plan and ready properties. The off-plan sector accounted for AED 777.88 million, contributing approximately 51.6% to the total, whereas ready properties represented AED 729.88 million, making up about 48.4% of the overall transactions. Off-Plan Transactions Overview The off-plan property transactions recorded a total of AED 777,876,775, showcasing strong investor confidence in upcoming projects. The breakdown of the off-plan market is as follows: Ready Properties Overview Ready properties brought in AED 729,877,059 in total transactions, reflecting the appeal of fully developed, immediately livable or usable properties. The breakdown of the ready property transactions is as follows: Conclusion The Dubai real estate market remains robust, with a balanced distribution between off-plan and ready property transactions. Off-plan properties hold a slight edge in total value, driven by investor confidence in future projects and Dubai’s continued growth as a global city. Ready properties, however, are nearly equal in demand, indicating the strong appeal for immediate occupancy and long-term investments. Flats, in both off-plan and ready categories, dominate the market, highlighting their affordability and attractiveness to a broad buyer base. Villas, while contributing a smaller share, continue to reflect the demand for upscale and spacious living. The modest yet notable interest in commercial properties underscores the growing opportunities within Dubai’s thriving business landscape. This mix of transactions illustrates a healthy market, with diverse opportunities catering to different investor needs and preferences, reinforcing Dubai’s position as a vibrant, multifaceted real estate hub. Dubai Real Estate Market Review 06-Dec-2024 Apartment sales rose 31.2%, while villa and plot sales saw declines. ENBD REIT reported a 6.57% year-on-year increase in NAV to USD 202 million. 4-bedroom unit leased out for Dh4.4 million a year. Dubai real estate sales top Dh40 billion in November Dubai’s real estate market recorded 13,502 sales worth Dh40 billion in November, with an 8.8% rise in average property prices. Apartment sales rose 31.2%, while villa and plot sales saw declines. Total sales were up 10.5% from last November, reflecting sustained demand and investor confidence. Dubai real estate: Tokinvest and YallaValue to support fractional property investments Dubai’s Tokinvest DMCC is teaming up with YallaValue to deliver independent property valuations to support tokenised real estate investment decisions. Beyond Developments launches Orise project in Dubai Maritime City Beyond has launched its second project, Orise, featuring 530 bespoke residences in Dubai Maritime City. The development offers modern waterfront living, flexible customization options, and extensive amenities, including lush gardens and fitness facilities. Orise aims to build on the success of Beyond’s first project, Saria. Dubai-based digital platform offers $134 entry into Saudi real estate market Dubai-based fractional ownership firm Stake plans to invest SAR1 billion in Saudi Arabia’s real estate market, targeting properties including a Riyadh mall. Stake aims to tap growing foreign interest in Saudi real estate, officially launching on Dec. 9, with a focus on rental income and long-term property appreciation. ENBD REIT announces H1 NAV to 30th September 2024 ENBD REIT reported a 6.57% year-on-year increase in NAV to USD 202 million. Funds From Operations rose 42%, boosting dividends to USD 5 million. Occupancy reached a record 94%. The REIT continues its turnaround strategy, enhancing shareholder value through improved FFO and portfolio performance. BPMG signs landmark MoU with Institute of Real Estate Management The Dubai Real Estate Brokerage and Property Management Group (BPMG) signed an MOU with the Institute of Real Estate Management (IREM) to enhance real estate management standards in Dubai. The collaboration focuses on education, certifications, and events, aligning with Dubai’s D33 agenda to foster professional growth and innovation. Dubai: Highest apartment rent in history? 4-bedroom unit leased out for Dh4.4 million a year A penthouse at The Royal Atlantis on Palm Jumeirah was rented for Dh4.4 million, setting a record as Dubai’s most expensive apartment lease. The 10,000 sqft penthouse offers luxury amenities including a terrace, infinity pool, and hotel concierge. The tenant, a European family, chose it for its high-end features. Bahria Town signs agreement to launch major project in Dubai Bahria Town launched its first international project in Dubai South, developing a gated master community featuring residential, commercial, and lifestyle amenities. The project includes villas, townhouses, educational facilities, parks, and entertainment, contributing to Dubai South’s vision of attracting 1 million residents near Al Maktoum International Airport.

April 16, 2026
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Dubai Real Estate Market Review 13-Nov-2024

Dubai Real Estate Transactions as Reported on the 4th of December 2024

The total real estate transaction volume recorded on December 4th, 2024, in Dubai amounted to AED 715.4 million. This relatively low transaction amount can be attributed to the national day holidays in the UAE, which typically lead to a temporary slowdown in market activity. The market activity is expected to be at its normal pace next week. Below, we break down the specifics of these transactions, providing a detailed insight into the distribution and share of various property categories. Off-Plan Properties Off-plan property sales accounted for AED 127.2 million, which represents approximately 17.8% of the total transactions for the day. Within this category: The dominance of flats in the off-plan segment highlights the current market preference for high-rise developments and the attractiveness of investment opportunities available in new residential projects. Ready Properties Ready property sales were the driving force behind the total transactions, amounting to AED 588.2 million, which constitutes 82.2% of the overall market activity for the day. Breaking down the ready property segment: The predominance of ready flats, making up over three-quarters of the ready property transactions, emphasizes the continued high demand for completed residential units in Dubai. The significant share of villa sales, as well as hotel apartments and commercial units, indicates a balanced interest across various property types, catering to a diverse buyer demographic. Summary Overall, the ready properties dominated the day’s market activity, contributing over four times the value compared to off-plan transactions. The high proportion of ready flats shows Dubai’s strong appeal to those seeking immediate occupancy or rental opportunities, while the continued interest in off-plan properties highlights investor confidence in the city’s growth trajectory. This mixed landscape of real estate transactions illustrates Dubai’s unique ability to cater to both investors looking for future value growth and end-users seeking to secure their ideal homes today. Dubai Real Estate Market Review 05-Dec-2024 Nearly 20% of Dubai homes are now worth over $1 million. Short supply of homes to push Dubai property prices by 8% in 2025. Dubai leads world with 140 premium projects expected by 2031. Branded real estate sector in Dubai leads world with 140 premium projects expected by 2031 With 1,530 branded real estate projects expected in the world by 2031 it is a booming market and Dubai is at the forefront. Aldar buys commercial tower in Dubai’s DIFC for $626 million ldar acquired a commercial tower in Dubai’s DIFC for Dh2.3 billion. The 40-storey tower, due by 2028, expands Aldar’s footprint in Dubai’s commercial market amid high demand for office space. Dubai’s office occupancy is at 93%, with rental rates increasing significantly. Dubai Real Estate Has Another Busy Month With Property Sales Worth AED40 Billion Dubai’s real estate market recorded 13,502 property sales worth AED40 billion in November. Apartment sales led with 10,857 transactions. Average price per sq ft rose by 8.8%. Top areas included Jumeirah Village Circle and Dubai Marina. Sales from developers outpaced re-sales, highlighting sustained investor confidence. Dubai real estate: Phase 1 of AI-powered Laguna Residence by ONE Development sells out in record time Located in Dubai’s City of Arabia, Laguna Residence stands as the UAE’s first AI-integrated residential community. Thousands of UAE homeowners become ‘accidental millionaires’ as property prices rise Nearly 20% of Dubai homes are now worth over $1 million due to price inflation. Property prices are projected to rise 8% in 2025, though growth may slow. Dubai faces a potential long-term housing shortfall, with developers planning 300,000 homes by 2029 amid high demand. Short supply of homes to push Dubai property prices by 8% in 2025 Dubai house prices are expected to rise by 8% in 2025, driven by high demand and limited supply, per Knight Frank’s report. Nearly 20% of homes are now worth over $1 million. Developers plan 300,000 homes by 2029, but supply constraints may create a long-term housing shortfall. ‘People are not leaving anymore’ – what’s changing in Dubai? Dubai’s property market is increasingly attracting long-term residents due to liberal policies, safety, and favorable tax conditions. Nearly 20% of property transactions involve cash, making the market less vulnerable to interest rate hikes. Dubai continues expanding inland, and Ras Al-Khaimah may emerge as a future growth area.

April 16, 2026
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Dubai Real Estate Market Review 14-Nov-2024

Dubai Real Estate Market Review 04-Dec-2024

Kitchen-free homes soon as food delivery industry grows. Record property prices, payment plans push buyers from prime areas to outskirts. Dubai Home Prices Set to Surge Again in 2025. Dubai: Record property prices, payment plans push buyers from prime areas to outskirts High property prices and aggressive off-plan payment plans in Dubai’s central districts are pushing buyers to suburban areas. Affordable communities like Discovery Gardens saw price surges, while central locations saw moderate growth. Aggressive off-plan payment plans are also challenging for lower-income buyers. Dar Al Arkan and Trump Organization Partner for Dubai Luxury Tower Expansion The Trump Organization and Dar Global will develop Trump Tower Dubai, featuring luxury residences, a Trump-branded hotel, and an exclusive club. This partnership aims to enhance Dubai’s luxury market, coinciding with Trump’s 2024 presidential victory, which may boost international investor interest. Completion details remain undisclosed. How PropTech is Transforming Real Estate in Dubai PropTech is transforming Dubai’s real estate market, enhancing transparency, efficiency, and customer experience. Iconic developments like Dubai Hills Estate benefit from technologies like blockchain, AI, and VR, reshaping luxury, rental, and commercial real estate sectors. Challenges remain, but Dubai’s commitment to innovation ensures continued growth. Dubai: Kitchen-free homes soon as food delivery industry grows, billionaire predicts Dubai may soon feature kitchenless buildings as food delivery grows rapidly. Noon founder Mohamed Alabbar revealed plans, citing changing dining habits. He predicts Noon Food will dominate the UAE market soon. Alabbar attributes their success to Dubai’s supportive government policies and emphasizes their commitment to the country’s growth. Dubai Home Prices Set to Surge Again in 2025, Knight Frank Says Dubai home prices are expected to rise by 8% in 2025 after a 20% surge in 2024, driven by high demand and population growth. The luxury segment will increase by 5%. A shortage of available properties, particularly villas, is contributing to price pressures as developers aim to meet booming demand. Dubai real estate: How 3D printing in construction could support $272bn property transaction targets The Dubai Real Estate Strategy 2033 eyes $272bn transaction targets and developers could turn to 3D-printing to support the ambition. Dubai Land Department strengthens its leadership in real estate innovation at the LiveableCitiesX Summit Dubai Land Department (DLD) showcased its real estate innovation initiatives at the ‘LiveableCitiesX’ Summit, focusing on sustainability and digital transformation. Key projects include the Real Estate Evolution Space Initiative, blockchain-based tokenization, and the ’20-Minute City’ model, all aimed at positioning Dubai as a global hub for sustainable, investor-friendly cities. Branded residence demand in Dubai could see 20% price surge as international investors eye lifestyle upgrade The surge in demand for branded residences in Dubai is also projected to push up their pieces by 10-20% from the estimated current average price of about $1,769 per square foot. Dubai: More tenants seek budget-friendly options amid record-high rentals Rising rental prices in Dubai are pushing tenants to seek budget-friendly options in areas like Dubai South and Town Square. Flexible payment plans are becoming popular, while upscale areas maintain demand despite increased rents. The luxury rental market remains insulated, but mid-range properties face price sensitivity amid rising costs. Dubai real estate: Off-plan property sales increase by over 50% as demand outstrips supply Dubai off-plan property sales saw a surge of more than 50 percent in Q3 as the city real estate sector continues to flourish, according to JLL research. Reforms pay off as Sharjah property market surges ahead High rental prices in Dubai and reforms in Sharjah are driving increased demand for Sharjah properties, with rents rising 16-19% in 2024. Affordable pricing and quality developments attract tenants and buyers, especially as Dubai residents seek cheaper alternatives. Government policies have boosted Sharjah’s real estate market growth and investor interest. Dubai’s ultra-luxury real estate market to continue its record pace of growth Dubai’s ultra-luxury real estate market saw strong growth in 2024, with 2,405 prime sales surpassing 2023’s total. High-net-worth demand, driven by Dubai’s safety, stability, and attractive lifestyle, continues despite limited ultra-luxury supply. Experts expect steady demand and price growth, with high-end areas projected to rise 10-12% in 2025.

April 16, 2026
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Dubai Real Estate Weekly Market Analysis 02-Dec-2024

The total real estate transactions in Dubai for Week 48 reached AED 7.6 billion, up 7.4% . Off-plan contributed 51.2% or AED 3.89 billion and Ready properties contributed 48.8% or AED 3.71 billion. In Week 48, Dubai’s real estate market recorded a total transaction value of AED 7.6 billion, marking an increase from the previous week’s AED 7.1 billion. This represents an approximate growth of 7.4%, showcasing continued confidence and a strong appetite for both off-plan and ready properties. Below, we delve into the contributions from different categories and the most active areas by value traded. Off-Plan vs. Ready Properties The nearly equal split between off-plan and ready properties indicates a well-balanced interest across new developments and completed properties, reflecting diverse buyer preferences and investment opportunities in Dubai’s real estate landscape. Breakdown of Off-Plan Transactions The off-plan category witnessed AED 3.89 billion in transactions, with flats contributing 84.0% of the total, amounting to AED 3.26 billion. The breakdown of off-plan property types is as follows: Key Areas for Off-Plan Sales: Breakdown of Ready Property Transactions The ready property category generated AED 3.71 billion, with flats again dominating the transactions with a 72.5% share, totaling AED 2.69 billion. The detailed contribution of each ready property type is as follows: Key Areas for Ready Sales: Summary and Insights The real estate transactions in Week 48 show a 7.0% increase in total transaction value from Week 47, reflecting a continued uptrend as the year draws to a close. The balance between off-plan and ready properties is indicative of a versatile market, appealing to a variety of investors, from those seeking immediate occupancy to those looking at future developments. Top Highlights: As we look forward, the rising interest in both premium areas and emerging neighborhoods illustrates Dubai’s diverse real estate appeal, catering to both high-end buyers and those seeking new community living experiences.

April 16, 2026
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Dubai Real Estate Weekly Market Analysis 18-Nov-2024

Dubai Real Estate Transactions as Reported on the 27th of November 2024

The Dubai real estate market witnessed remarkable activity on 27th November 2024, with a total transaction value reaching AED 1.51 billion. This significant figure is a reflection of the robust demand for both off-plan and ready properties across Dubai. Below is a detailed breakdown of these transactions, including the contribution of each subcategory within the broader property segments. Off-Plan vs. Ready Properties The total market transactions were split between off-plan and ready properties, with off-plan properties dominating the day. The off-plan segment accounted for AED 983.66 million, which represented 64.9% of the total transaction value. On the other hand, ready properties contributed AED 531.07 million, making up 35.1% of the total value. This highlights the ongoing popularity of off-plan projects as investors and homebuyers continue to be drawn to the promise of new developments and their attractive payment plans. Breakdown of Off-Plan TransactionsThe off-plan property segment showed strong performance across several subcategories:• Flats were the leading contributor in the off-plan segment, with a total transaction value of AED 677.01 million, accounting for 68.8% of all off-plan transactions. This underlines the high demand for new residential apartments in Dubai.• Commercial Properties came next, with a total transaction value of AED 201.99 million, representing 20.5% of off-plan transactions. This indicates substantial interest in commercial real estate, driven by a growing economy and business opportunities.• Villas contributed AED 96.34 million, making up 9.8% of the off-plan transactions. Villas continue to attract buyers seeking larger living spaces in suburban communities.• Hotel Apartments and Rooms recorded transactions worth AED 8.31 million, which equates to 0.8% of the off-plan total, indicating a niche yet steady interest in hospitality investments. Breakdown of Ready Property TransactionsThe ready property segment also demonstrated a diverse mix of activity:• Flats led the ready segment, with transactions totaling AED 378.07 million, representing 71.2% of the ready property transactions. This reinforces the high demand for already completed and move-in ready apartments, driven by residents looking for immediate occupancy.• Villas followed with AED 114.34 million in transactions, accounting for 21.5% of the ready market. This reflects consistent demand for established villa communities that offer an immediate lifestyle upgrade.• Hotel Apartments and Rooms saw transactions totaling AED 31.10 million, making up 5.9% of the ready segment, showing that ready hospitality units continue to appeal to investors interested in steady rental income.• Commercial Properties recorded AED 7.55 million in transactions, representing a modest 1.4% of the ready property segment, suggesting that businesses are more focused on new commercial developments. Key InsightsThe real estate market on 27th November 2024 clearly demonstrates the ongoing attractiveness of off-plan properties, particularly flats, which dominated both the off-plan and overall market segments. Investors and buyers are increasingly leaning towards new projects, perhaps due to innovative community offerings, flexible payment plans, or potential capital appreciation.Meanwhile, ready properties also showed strong activity, with a notable preference for apartments. This indicates that end-users and investors alike are still keen to capitalize on available opportunities in established communities.The data also suggests a healthy balance between residential and commercial transactions, highlighting Dubai’s continued growth as a global destination for both living and business. Dubai Real Estate Market Review 28-Nov-2024Palm Jumeirah and Jumeirah Bay Island lead Dubai’s super-luxury real estate market, making up 48% of transactions over AED 50 million in 2024. Market positioned for robust growth in the last quarter.Dubai real estate does not show any signs of slowing downDubai’s real estate market showed significant growth in 2024, with Deyaar launching Park Five, a Dh1.5 billion luxury community. CEO Saeed Mohammed Al Qatami remains optimistic about market expansion, especially in suburban areas, and emphasizes smart living and community-focused development.Dubai real estate: Expo City launches Sidr Residences phase 2; homes available from $512,000Real estate developer Expo City Dubai has unveiled phase two of its Sidr Residences apartment development following the success of the first tranche and with units across all its residential projects selling out fast.Arabian Hills Estate unveils second phase after remarkable success of Phase OneArabian Hills Real Estate launched Phase Two of Arabian Hills Estate, a Dh22 billion sustainable community project on Dubai-Al Ain Road. The new phase offers integrated living, recreational, educational, and commercial facilities, enhancing quality of life for residents.Palm Jumeirah And Jumeirah Bay Island Contribute 48% Of Dubai’s AED 50M+ Property TransactionsPalm Jumeirah and Jumeirah Bay Island lead Dubai’s super-luxury real estate market, making up 48% of transactions over AED 50 million in 2024. The market saw growth, fueled by UHNWIs relocating, increased investor confidence, and Dubai’s global appeal.Azizi unveils 109-unit waterside living project in Dubai SouthAzizi Developments launched Monaco Mansions, an ultra-luxury waterside project with 109 mansions in Dubai South’s Azizi Venice. Featuring eight architectural styles, these bespoke homes offer six to eight bedrooms, private amenities, and lagoon views, embodying high-end waterfront living. Dubai real estate: Buyers split budget to acquire more units for self-use, rentalsThe current shift to affordable housing options in Dubai’s residential real estate is taking interesting turns, with buyers with substantial budgets are seen splitting them to acquire two properties rather than one – one for self-use and the other for renting out, industry insiders said.UAE real estate market positioned for robust growth in the last quarter as demand surges for prime assets: JLLUAE’s real estate market showed resilience in Q3 2024, driven by economic fundamentals and investor confidence. Strong demand boosted residential, commercial, hospitality, and industrial sectors, with notable increases in transactions, rents, and new developments, despite global uncertainties.The Rising Star Of UAE Real Estate: Ras Al Khaimah’s TransformationRas Al Khaimah (RAK) is emerging as a promising UAE real estate hotspot, attracting investors with affordable prices, strong ROI, and ambitious developments. Flagship projects, thriving tourism, and government initiatives are driving growth, making RAK a compelling alternative to more saturated markets like Dubai and Abu Dhabi.Majid Al Futtaim announces sell-out of Lacina, phase two of Ghaf WoodsMajid Al Futtaim’s Ghaf Woods project in Dubai, featuring sustainable forest-living, saw sell-out success for its second phase, Lacina. The community offers nature-integrated living with 35,000 trees, diverse amenities, and …

April 16, 2026
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Dubai Real Estate Transactions as Reported on the 26th of November 2024

The Dubai real estate market continues to show robust activity, with a total transaction value of AED 1.495 billion on 26 November 2024. This report provides a comprehensive analysis of the off-plan and ready property segments, offering insights into their contributions to the overall transaction volume as well as sub-category performance. Breakdown of Off-Plan vs Ready Properties On 26 November 2024, the total real estate transactions in Dubai reached AED 1,495,122,342. Of this amount, 58.4% came from ready properties, amounting to AED 872.6 million, while 41.6% originated from off-plan properties, totaling AED 622.5 million. The breakdown indicates a greater preference among buyers for ready properties, though off-plan transactions remain a significant part of the market. Off-Plan Transactions (41.6% of Total) The off-plan segment accounted for AED 622,484,516, which represents 41.6% of the total transaction value. Within this segment, flats dominated with a massive 95.7% contribution (AED 595.7 million), reflecting a continued demand for under-construction residential units. Villas made up 2.5% of off-plan transactions (AED 15.5 million), indicating modest interest in upcoming villa projects. Hotel apartments and rooms contributed 1.2% (AED 7.6 million), while commercial properties comprised 0.6% (AED 3.6 million), highlighting a relatively lower but diverse investment interest in hospitality and commercial spaces. Ready Property Transactions (58.4% of Total) Ready properties made up the larger share of the day’s total, amounting to AED 872,637,826, or 58.4% of overall transactions. Within this segment, flats led with 80.0% (AED 697.8 million), showcasing strong demand for immediately available residential units. Villas represented 14.9% (AED 129.7 million), pointing towards a consistent interest in ready villa options. Hotel apartments and rooms comprised 0.4% (AED 3.2 million), while commercial properties made up 4.8% (AED 41.9 million), reflecting a solid interest in established commercial investments. Key Insights The Dubai real estate market remains diverse, offering a range of opportunities for investors across both ready and off-plan categories. The balance between the two segments is indicative of a healthy market that caters to both short-term possession seekers and long-term value investors. Dubai Real Estate Market Review 27-Nov-2024 Sharjah reduces property transaction fees. Where to Invest in the UAE Under $1 Million. Ras Al Khaimah ranked first globally in the 2024 Expat Essentials Index. Sharjah reduces property transaction fees at ACRES 2025, enhancing emirate’s real estate sector Sharjah’s SEC reduces property transaction fees for ACRES 2025, enhancing the emirate’s real estate sector. The event, running from January 22-25, 2025, aims to attract investors, boost sales, and showcase new projects, solidifying Sharjah as a prime real estate investment destination. Palm Jebel Ali Vs. Palm Jumeirah: Comparing Investment Opportunities In Dubai’s Booming Real Estate Market Palm Jebel Ali offers significant investment potential compared to Palm Jumeirah, with lower entry costs, larger plots, and strategic location benefits. Its role in Dubai’s economic agenda, coupled with strong appreciation prospects and flexible payment plans, makes it an attractive long-term real estate investment opportunity. Emirates.Estate, a Real Estate Aggregator for Investors, has launched in the UAE Emirates.Estate is a new UAE property platform offering comprehensive details, market analysis, and streamlined deal closing for investors. It features residential and commercial listings, comparison tools, market analytics, and end-to-end transaction support, making it easy to find and purchase properties globally. Dubai’s Short-Term Rental Push Creates ‘Race to The Bottom’ Dubai’s push for more short-term rentals has led to an oversaturated market, with new operators lacking hospitality experience. This influx has created unrealistic landlord expectations and intense fee competition, potentially damaging the sector. Experts warn that maintaining quality and realistic profitability is crucial for sustainable growth. Singapore fund expected to invest $1.4bln in Dubai’s AMIS Development First APAC Fund VCC plans to invest AED 5 billion ($1.36 billion) in Dubai’s AMIS Development, pending due diligence. The investment will expand AMIS’s projects, land bank, and partnerships, enhancing its luxury real estate focus. In September 2024, AMIS awarded the ‘Woodland Residences’ construction contract to Dar Al Aayan Contracting. The High Stakes of Real Estate in Dubai: Big Business in a Booming Market Dubai’s real estate market attracts global investors with its luxury appeal, tax-free status, and adaptability. Despite challenges from competition and economic shifts, the market remains resilient. Investors like Trent Challis capitalize on opportunities by timing exits strategically. The sector’s future lies in tech, finance, and green energy growth. Where to Invest in the UAE Under $1 Million in 2025: A US Investor’s Guide The UAE offers diverse real estate investment options under $1 million, with key areas in Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, and Ajman. Notable locations include JVC, Al Reef, and Al Hamra Village, offering high ROI and strategic value. Careful research is recommended for optimal investments. Ras Al Khaimah ranks 1st globally in Expat Essentials Index, 2nd in Working Abroad Index Ras Al Khaimah ranked first globally in the 2024 Expat Essentials Index, reflecting its attractive living environment for expats. The city also ranked second for working abroad and fifth for ease of settling in. Its top features include easy housing access, supportive local bureaucracy, and a welcoming community. UAE Construction Boom Spurs Hiring Surge Amidst Mega-Projects The UAE’s construction boom has driven high demand for skilled workers, with hiring across real estate, infrastructure, and manufacturing. Major projects like Palm Jebel Ali and Bvlgari Lighthouse are progressing. Despite stable salaries and past inflationary pressures, optimism persists as development plans continue to expand.

April 16, 2026
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Dubai Real Estate Transactions as Reported on the 25th of November 2024

On 25th November 2024, the total value of real estate transactions in Dubai reached an impressive AED 1.29 billion. This figure encompasses both off-plan and ready properties, providing an insightful snapshot into the dynamics of Dubai’s real estate market. Below, we analyze the contributions from off-plan and ready properties as well as the distribution across various property sub-categories. Breakdown of Off-Plan vs Ready Properties Out of the AED 1.29 billion total, off-plan transactions accounted for AED 663.8 million, representing 51.4% of the total transactions. Meanwhile, ready properties contributed AED 628.4 million, making up 48.6% of the total. This near-even split highlights a balanced market where both new developments and existing properties are seeing substantial activity. Off-Plan Property Contributions The total value of off-plan transactions was AED 663.8 million. Breaking down this category: Ready Property Contributions For ready properties, the total transaction value stood at AED 628.4 million. The breakdown is as follows: Market Insights The real estate market in Dubai continues to exhibit resilience and balanced growth, as evidenced by the almost equal distribution of value between off-plan and ready properties. The predominance of flats in both segments indicates that apartments remain a favorite for both investors and end-users, while villas also show steady traction, particularly among buyers looking for larger living spaces. Commercial and hospitality segments, while smaller in terms of total value, are significant contributors that indicate investor confidence in Dubai’s long-term growth, especially in areas tied to tourism and business activities. The emergence of such balanced contributions from various property types points to the robustness of Dubai’s diverse real estate offerings. This performance provides a solid foundation as the emirate continues to attract both local and international buyers, driven by favorable government policies, innovative projects, and a thriving economic environment. Dubai Real Estate Market Review 26-Nov-2024 Dubai real estate market has seen more than 188k transactions and passed AED625bn ($170.2bn) so far this year. Dh4 million annual rent for a penthouse. Record growth in 2024, a 13.4% rise from 2023. Sheikh Hamdan highlights Dubai real estate market’s importance as transactions pass $170bn in 2024 The thriving Dubai real estate market has seen more than 188,000 transactions and passed AED625bn ($170.2bn) so far this year, according to Land Department data. Dubai real estate sector recorded $4.5bn of transactions last week, including Business Bay apartment sold for $25m The Dubai real estate sector recorded AED16.55bn ($4.5bn) of transactions last week, according to data from the Land Department. Dubai Property Buyers Eye Creative Ways to Pile In Dubai’s soaring property prices are driving increased interest in real estate investment trusts (REITs) and fractional ownership apps, allowing investors to enter the market with lower costs. REITs offer accessible real estate exposure, while tech platforms like Stake enable small-scale property investments, catering to the rising demand. Global real estate leaders to convene in Dubai for World Realty Congress 2024 in December The World Realty Congress & Awards 2024 will gather global real estate leaders in Dubai (Dec 9-13) to discuss sustainability, innovation, and PropTech. It aims to align real estate with UAE Vision 2033, culminating in an awards gala recognizing contributions to development and sustainability. Dh4 Million Penthouse Sets New Standard for Dubai Rent Dubai’s luxury rental market is booming, with high-end properties like One at Palm Jumeirah setting records. The Dh4 million annual rent for a penthouse highlights rising demand for exclusive rentals, attracting global attention and reinforcing Dubai’s reputation as a luxury real estate hub. Dubai’s real estate market sees notable growth, enhancing 2033 strategy goals Dubai’s real estate market saw record growth, with over 151,000 sales in 2024’s first 10 months—a 13.4% rise from 2023. October alone hit 20,460 sales, the highest ever recorded. New projects focus on diverse price points, supporting Dubai’s goal of a 70% transaction increase by 2033. What is spurring rising demand for Dh100m homes in the UAE? Dubai’s luxury property market is booming, driven by ultra-wealthy buyers seeking prime locations like Palm Jumeirah. Demand for Dh100 million-plus homes remains strong, fueled by Dubai’s lifestyle appeal and favorable tax environment. The market continues to see record transactions, with limited supply creating high competition for luxury properties. Revealed: UK non-dom tax changes trigger large-scale property sales by long-term GCC investors, experts say The London and also the wider UK real estate market of late is seeing a mad rush for liquidation of residential assets by long-term GCC owners due to tax implications in the wake of the British government’s move to amend non-dom rules, industry insiders said. K-Mavins Group hands over $109mln Dubai residential project K-Mavins has handed over its AED400 million Terrases Marassi Drive project in Dubai’s Business Bay. Featuring luxury amenities, the project reflects growing confidence in Dubai’s real estate market. The group plans a new AED340 million project in Al Jaddaf and is expanding its retail portfolio with The Villa Square and Liwan Mall. Avighna Group acquires Emaar Business Park 3 for Dh240 million Avighna Group acquired Emaar Business Park – Building 3 for Dh240 million. The Grade-A property in The Greens offers 150,000 sq. ft. of commercial space. The acquisition aligns with Avighna’s global expansion, reflecting confidence in Dubai’s thriving market for premium commercial real estate amid limited supply and rising demand. Dubai real estate: SOL Properties, Fairmont announce largest triplex sky mansion SOL Properties and Fairmont Hotels & Resorts have unveiled a 20,000-square-foot triplex sky mansion in Downtown Dubai, situated atop the Fairmont Residences Solara Tower Dubai. How Dubai architects are designing world’s second-tallest tower with vertical mall, 7-star hotel Burj Azizi, a 725m skyscraper on Sheikh Zayed Road, will be the world’s second-tallest structure after Burj Khalifa. Scheduled for 2028 completion, the Dh6-billion project will feature luxury amenities, a vertical shopping mall, and multiple world-record elements, showcasing Dubai’s continued innovation and architectural ambition.

April 16, 2026
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Dubai Real Estate Weekly Market Analysis 25-Nov-2024

The total real estate transactions in Dubai for Week 47 reached AED 7.07 billion, down 5.7% . Off-plan contributed 56.8% or AED 4.02 billion and Ready properties contributed 43.2% or AED 3.06 billion. In Week 47, Dubai’s real estate market recorded transactions totaling AED 7.07 billion, reflecting a slight decline from the previous week’s total of AED 7.5 billion. This report provides a breakdown of the contributions from off-plan and ready properties, as well as an analysis of the most active areas for both categories. Market Breakdown: Off-Plan vs. Ready Properties The total transactions of AED 7.07 billion were comprised of both off-plan and ready properties. Off-plan properties contributed AED 4.02 billion, which represents 56.8% of the total value. Ready properties made up AED 3.06 billion, accounting for 43.2% of the total transactions. This composition shows a stronger leaning towards off-plan properties in this week’s real estate activity, which aligns with the continued demand for new developments in Dubai. Off-Plan Properties Breakdown Off-plan properties saw a significant contribution from flats, totaling AED 2.98 billion, which accounts for 74.2% of all off-plan transactions. Villas added AED 721.6 million, contributing 18% to the off-plan total, while hotel apartments and rooms contributed AED 61 million (1.5%), and commercial properties added AED 256.5 million (6.4%). The most active areas for off-plan property transactions by value were: These areas represent key growth spots in Dubai, showing high investor interest in both residential and mixed-use developments. Ready Properties Breakdown Ready properties amounted to AED 3.06 billion, with flats contributing AED 2.18 billion (71.3%) and villas adding AED 548.8 million (17.9%). Hotel apartments and rooms accounted for AED 135.7 million (4.4%), while commercial properties contributed AED 194.5 million (6.4%). The top-performing areas for ready property transactions by value were: Dubai Hills led the ready property market, indicating strong demand for well-established luxury residential communities. Market Comparison with Previous Week The total market transactions of AED 7.07 billion for Week 47 represent a decrease of 5.7% compared to the previous week’s total of AED 7.5 billion. The reduction in volume could be attributed to seasonal factors or shifting buyer preferences, though the strong showing in off-plan properties suggests sustained confidence in Dubai’s long-term development prospects. Conclusion Week 47’s real estate transactions reflect a solid demand for off-plan properties, which continue to dominate the market. Notably, Business Bay and Burj Khalifa remain prominent hotspots for property investment. Despite a slight dip in total transaction value compared to the previous week, the market shows resilience, with a balanced interest in both new developments and established communities. As we move into the following weeks, monitoring the performance of both off-plan and ready properties will be key to understanding the evolving trends in Dubai’s dynamic real estate landscape.

April 16, 2026
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Dubai Real Estate Weekly Market Analysis 10-Nov-2024

Dubai Real Estate Transactions as Reported on the 21st of November 2024

On November 21, 2024, the Dubai real estate market recorded an impressive total transaction value of AED 1.49 billion, reflecting a dynamic mix of both off-plan and ready properties. This insightful breakdown offers a closer look at the composition of these transactions, shedding light on the performance of different property types. Total Transactions Summary The ready property segment contributed slightly more to the overall market activity, accounting for 51.7% of the total transaction value, while off-plan properties made up 48.3%. This near-equal distribution highlights sustained investor interest across both segments. Off-Plan Property Transactions Sub-Category Breakdown: Off-plan flats dominated the segment, contributing 54.6% to the total value of off-plan transactions, followed by commercial properties at 24.9%. The substantial interest in flats reflects a preference for smaller residential units, potentially driven by affordability and demand from first-time investors. Villas and hotel apartments played a smaller but notable role. Ready Property Transactions Sub-Category Breakdown: Within the ready property segment, flats were also the most prominent, comprising 71.2% of the total value. Villas contributed 18.2%, while commercial properties and hotel apartments together represented a smaller share. The dominance of ready flats indicates ongoing demand for established, hassle-free residential units that can be immediately occupied or rented out. Key Insights This balanced activity between off-plan and ready properties is a testament to the resilience and attractiveness of Dubai’s real estate market, which continues to offer diverse investment opportunities for both investors and end-users. Dubai Real Estate Market Review 22-Nov-2024 Dubai’s residential real estate sales exceeded Dh50 billion for the first time. New mortgage fee, 60-day registration period for off-plan. Sharjah’s residential rents have surged by up to 50%. Dubai real estate: $48m ‘sunken balcony’ project sold out in one day Reef Luxury Developments innovative ‘sunken balcony’ project sold out on first day on sale. Dubai real estate sales tops Dh50 billion for the first time Dubai’s residential real estate sales exceeded Dh50 billion for the first time, driven by an 80% surge in transactions, mainly from off-plan properties. Despite rising prices, Dubai remains attractive with a 6.9% rental yield. Top exclusive areas include Palm Jumeirah, Dubai Marina, and Downtown Dubai. Dubai Real Estate Boom: Top Locations Driving 50,000 Property Transactions In Q3 2024 Dubai’s real estate market reached a record AED 141.9 billion in Q3 2024, a 14.4% increase from the previous quarter. Sales volumes rose 37.9% year-over-year, led by apartments and villas. Jumeirah Village Circle topped sales locations. Strong demand persists, driven by relaxed ownership laws and investor-friendly conditions. Dubai: New mortgage fee, 60-day registration period for off-plan property in amended laws DIFC amended its Application Law and Real Property Law, introducing a 0.25% mortgage registration fee and extending off-plan sales registration from 30 to 60 days. New Article 8A clarifies that DIFC Law references DIFC statute, common law, and international model laws, reinforcing DIFC’s connection to common law principles. Sharjah rents rise as former Dubai residents add to surging demand Sharjah’s residential rents have surged by up to 50%, driven by rising demand, economic growth, and inflow of residents from Dubai and other countries. Tenants face steep increases, with calls for a rental cap similar to Dubai’s, while landlords cite market-driven pricing and pandemic recovery challenges. Dubai’s new ‘islands’ out to create another offplan property wave Dubai’s property market sees a rise in island-themed projects, with Damac launching “Damac Islands” featuring townhouses from Dh2.25 million. Waterfront options are expanding, including Dubai Islands by Nakheel and islands at Tilal Al Ghaf. The UAE is experiencing a full-scale “island” renaissance, boosting investment opportunities. Arada kicks off construction at Armani Beach Residences at Palm Jumeirah Arada has begun work on Armani Beach Residences at Palm Jumeirah, featuring 52 bespoke homes designed by Armani/Casa and Tadao Ando. The luxury project offers panoramic views, extensive amenities, and exclusive penthouses. Construction enabling works are underway, with completion expected by March 2025. Pearlshire Development celebrates full sale of 555 Park Views; announces new flagship project in Dubai Pearlshire Development’s 555 Park Views in Jumeirah Village Triangle sold out quickly, highlighting strong demand for premium residential spaces in Dubai. With completion near, Pearlshire is now launching a new flagship project focused on luxury, innovation, and sustainability, continuing its commitment to redefining quality living in Dubai. RAK Properties launches coliving, coworking project in Ras Al Khaimah RAK Properties, in collaboration with ARM Holding and HIVE, launched a coliving and coworking development in Mina Al Arab, Ras Al Khaimah. The 233-unit project features 117 HIVE units, 116 residential units, 300 sqm of retail, and 2,000 sqm of coworking space. Project cost details were not disclosed.

April 16, 2026
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Dubai Real Estate Transactions as Reported on the 20th of November 2024

On November 20th, 2024, Dubai’s real estate market witnessed transactions totaling AED 1.44 billion. This impressive figure reflects a mix of both off-plan and ready property sales, highlighting the diverse opportunities available in the market for investors and end-users. Off-Plan vs. Ready Transactions The overall market volume of AED 1,438,890,073 was split between off-plan and ready properties: Off-Plan Property Breakdown The off-plan segment, totaling AED 861,307,413, was distributed across various sub-categories as follows: Ready Property Breakdown Ready property transactions amounted to AED 577,582,660 and were broken down as follows: Key Insights The data reveals several key trends in Dubai’s real estate market on November 20th, 2024: Conclusion Dubai’s real estate market continues to demonstrate resilience and growth, with a total transaction value of AED 1.44 billion on November 20th, 2024. The strong performance of both off-plan and ready segments indicates a healthy balance of investor interest in future projects and demand for immediately available properties. As the city continues to develop and expand, these trends provide a positive outlook for both investors and end-users seeking to capitalize on Dubai’s dynamic property market. Dubai Real Estate Market Review 21-Nov-2024 Dubai’s real estate market is set for 30% YoY growth by 2024’s end. Real estate sector sees 50% increase in handovers in Q3, 14,900 homes expected to arrive in Q4. Dubai realty sets new records with over 50,000 transactions Dubai’s real estate market set a record in Q3 2024 with Dhs141.9 billion sales, a 16.6% QoQ and 37.9% YoY rise, driven by strong demand and relaxed regulations. Apartments led sales, and the market is projected to surpass Dhs500 billion annually for the first time. Dubai real estate market on track for 30 percent sales growth by end of 2024 Dubai’s real estate market is set for 30% YoY growth by 2024’s end, with record-breaking sales, prices, and new launches. October saw 20,460 deals, the highest ever, and prices hit AED1,473 per sq ft. Market stability continues with increased diversity in new projects and high mortgage activity. Dubai’s Damac to build data centres across Europe and Asia: Report Damac Properties plans to build data centers in Europe and Asia, owning land in Greece, Spain, Turkey, Indonesia, and Malaysia. The company is constructing over 10 centers, with each megawatt costing $10 million. Luxury property demand in Dubai is rising, especially among wealthy Europeans. Dubai real estate sector sees 50% increase in handovers in Q3, 14,900 homes expected to arrive in Q4 The Dubai real estate sector saw a surge in new handovers in Q3 2024, particularly in the apartment segment, which witnessed nearly 50 per cent increase in completions, according to Asteco’s Q3 2024 real estate report. Dubai continues to solidify reputation as prime destination for luxury real estate Brazilian footballer Neymar Jr. purchased a Dh200 million penthouse in Dubai’s Bugatti Residences, boosting the city’s luxury real estate appeal. The project, targeting the ultra-wealthy, features 182 units with record prices, making it one of Dubai’s most exclusive and sought-after developments. GJ Properties sets record sales of AED 550mln at Ajman Sales Event GJ Properties Investments LLC achieved AED 550 million in sales at the Ajman Sales Event, selling 837 units, including Al Ameera Village and Nuaimia Two Tower. The developer also launched Biltmore Residences Sufouh in Dubai, a luxury project set for completion in early 2026, offering premium living options. Deyaar’s first residential project in Abu Dhabi is sold out Located on Al Reem Island, Rivage offers 1-, 2- and 3-bedroom apartments, Sky Villas and Sky Palaces with prices starting $320,000.

April 16, 2026
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