Dubai-based investors now have the opportunity to purchase tokenised shares in real estate projects starting at just Dh2,000, following the official pilot launch by the Dubai Land Department (DLD). According to DLD, all transactions during this trial phase must be conducted in UAE dirhams, and cryptocurrencies will not be accepted at this stage. The platform currently caters exclusively to individuals...
The United Arab Emirates recorded a remarkable surge in real estate activity during the first quarter of 2025, with transactions totaling over AED239 billion (approximately $65 billion). Spanning the five emirates of Abu Dhabi, Dubai, Sharjah, Ajman, and Ras Al Khaimah, the sector logged a combined 94,719 transactions involving sales, purchases, and mortgages. This upward trend reflects growing...
Dubai-based real estate developer HRE Development has announced the launch of Celeste, an upscale waterfront residential project situated in the Al Jaddaf Waterfront district. This new development introduces a limited collection of just 44 premium homes, strategically positioned between Downtown Dubai and the Al Jaddaf coastline, offering scenic views of Dubai Creek. Exclusive Living with...
Object 1, a prominent real estate developer under the TSZ Group umbrella, has unveiled its latest residential offering ESSENL1FE strategically located in Dubai’s Jumeirah Village Triangle (JVT). Designed with a strong emphasis on resident wellbeing and contemporary living standards, the project integrates smart technologies and thoughtfully designed community amenities. This launch reflects the...
In the UAE, wellness has emerged as a decisive factor for homebuyers, evolving from a desirable extra to an essential consideration. A recent national survey of more than 1,000 residents highlights a clear shift in buyer preferences: 90% of respondents now place high importance on living in a health-conscious environment, and over 80% are willing to invest more in homes that offer wellbeing-focused...
AHS Properties, a premier name in the UAE’s ultra-luxury real estate segment, has announced the launch of Casa AHS, a high-end waterfront residential development along the Dubai Water Canal, valued at an estimated $750 million (AED 2.75 billion). The exclusive development will comprise 32 luxury units, including Sky Villas, Sky Mansions, and the ultra-premium Sky Palaces, with floor plans ranging...
Dubai continues to solidify its position as a global hub for high-end real estate, with affluent individuals from Saudi Arabia and India leading the surge in demand for luxury properties. The city remains a top choice for those with a personal net worth exceeding $20 million, reflecting sustained interest in ultra-premium homes. Among the notable buyers, billionaire industrialist Lakshmi Mittal...
Dubai off-plan real estate segment has recorded transactions worth AED90 billion (approximately $24.5 billion) as of mid-May 2025, reflecting strong investor confidence in this sector. According to figures compiled from the Dubai Land Department, the number of off-plan property deals reached 40,500 between January 1 and May 15 this year. These off-plan sales represented 38 percent of all real estate...
In a significant move to bolster innovation in the property sector, Dubai has officially introduced the Dubai PropTech Hub. This initiative is aimed at accelerating the growth of the property technology market, with a target to more than double its value to AED 4.5 billion ($1.2 billion) within the next five years. The launch was directed by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown...
