Dubai Real Estate Market Review 30-Apr-2025
The Trump Organization and Dar Global unveiled a $1 billion Trump International Hotel and Tower in Dubai. UAE’s Rotana will hire over 1,000 staff as it expands from 80 to about 120 hotels. Upcoming mega projects in Dubai 2025 Dubai will unveil multiple mega-projects by 2025—from the AI-driven Urban Tech District and climate-controlled Loop walkway to expanded Palm Jebel Ali, floating Dubai Reefs, Burj Azizi, Metro Blue Line, revamped Ain Dubai and Meydan One Mall—driving tourism, real estate growth and sustainable smart-city ambitions. Eric Trump says Dubai’s real estate market will continue to boom The Trump Organization and Dar Global unveiled a $1 billion Trump International Hotel and Tower in Dubai, offering luxury apartments (Dh4–5 million) and penthouses (Dh75 million). Slated for completion in five years, it will notably accept cryptocurrency for purchases, underlining Dubai’s booming property market. Hayaat Developments unveils Isolana Residences on Dubai Islands The UK-born developer leverages its decades of global expertise to breathe life into the highly sought-after Dubai Islands. How ‘Durar Group’ is Leading Real Estate Innovation Durar Group, a 90-year-old Saudi developer, now leads luxury real estate in the UAE with landmark projects like J One, Jasmine Lane by Elie Saab, Masa Residence by YOO with Philippe Starck, and Missoni estates. Backed by strategic partners and community philanthropy, it champions sustainable, visionary living. Saba Properties celebrates official launch of Marriott Residences JLT, Dubai in partnership with Evolutions Saba Properties and Evolutions officially launched Marriott Residences Jumeirah Lakes Towers in Dubai on 28 April at The Ritz-Carlton DIFC, drawing over 2,000 investors. The 45-floor development features 534 branded apartments, retail space, luxury amenities—including a sky-gym and infinity pool—and exclusive Marriott Bonvoy ONVIA owner benefits. Richmind announces luxury real estate development Oystra in Ras Al Khaimah Oystra will offer residences ranging from one- to four-bedroom apartments, duplexes, penthouses, and waterfront villas, with prices starting at AED2.9 million. Symbolic delivers maiden project ahead of schedule in Dubai Symbolic Developments (Speedex Group) completed and handed over its AED 150 million Symbolic Alpha in Liwan, Dubai, 14 months early. The 97-unit, Vaastu-compliant project boasts smart-home technology, sustainable features and strong buyer demand. Its sold-out follow-up, Symbolic Aura, is already under construction with an early handover planned. Rotana to hire over 1,000 employees as it launches new hotels in the country, overseas UAE’s Rotana will hire over 1,000 staff as it expands from 80 to about 120 hotels—including 20+ in development across the UAE and Saudi Arabia—over the next two years, tapping into a regional tourism boom that will see Dubai add 11,300 new hotel rooms by 2027. Alef launches Hamsa 2 in Al Mamsha Sharjah Alef launched Hamsa 2 in Al Mamsha, Sharjah: an eight-floor, 150-unit building offering one- to three-bedroom apartments with smart layouts, landscaped gardens, pools, and retail. It’s part of a three-building cluster totaling 431 units and emphasizes walkable connectivity to transit and amenities. Aldar Properties views weaker dollar as opportunity to boost overseas sales Aldar Properties reported robust Q1 2025 results—Dh1.64 billion net profit (up 25%) and Dh7.79 billion revenue (+38.6%)—with resilient sales despite trade-war headwinds and a weaker dollar boosting non-dollar markets. The developer maintains full-year guidance, secured Dh6.3 billion financing, and retains a Baa1 rating. Ajman CP opens Ajman Real Estate Investment Exhibition 2025 The third Ajman Real Estate Investment Exhibition opened on April 28, running until May 1, featuring top developers, agencies and banks. Crown Prince Sheikh Ammar highlighted Ajman’s transformation into an integrated investment hub under Sheikh Humaid’s visionary leadership, underscoring its appeal for investors and entrepreneurs. Range Developments unveils Island Heights in Al Marjan Island Range Developments unveiled Island Heights on Al Marjan Island, Ras Al Khaimah: 165 luxury beachfront apartments (78 studios, 87 one-bedrooms) steps from the beach and Wynn resort. Amenities include a gym, co-working space, children’s play area, yoga facilities, and an infinity pool, targeting upscale living and strong investment returns.
