Dubai has sanctioned 1.46 million square meters of land to facilitate the construction of 17,080 affordable residential units. This initiative aligns with the emirate’s Affordable Housing Policy, aiming to enhance accessibility to quality housing for residents across various income levels. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of...
Dar Global, a luxury real estate developer, has unveiled DG Villas, a premium residential development situated in Dubai’s prestigious Jumeirah Golf Estates. This high-end project, valued at $381 million (AED 1.4 billion), aims to harmonize architectural excellence with top-tier amenities and scenic golf course views, offering a refined and sustainable living experience. Sophisticated Design and...
Dubai’s property market is witnessing a remarkable surge, fueled by evolving investor and tenant preferences, according to insights from Property Finder, a leading real estate portal. In February 2025, Dubai Real Estate market experienced a significant 35% year-on-year increase in transaction volume, reaching 16,099 deals. Simultaneously, the total market value saw an extraordinary 55% jump,...
DAMAC Properties, a leading UAE real estate developer, has joined forces with Abu Dhabi Islamic Bank (ADIB) to introduce a groundbreaking home financing solution. This initiative aims to enhance accessibility to homeownership by allowing UAE residents to secure financing for off-plan properties once construction reaches 35% completion. By pioneering this approach, DAMAC becomes the first developer in...
Investment from Russian buyers surged by 20% in 2024, driven by growing demand for luxury properties in prime locations such as Palm Jumeirah, Downtown Dubai, and Dubai Marina. Meanwhile, Chinese investors also increased their stakes in the market, contributing to a 15% rise in high-end property acquisitions. This trend underscores the growing influence of BRICS (Brazil, Russia, India, China,...
Dubai property market witnessed an extraordinary surge in February 2025, recording AED 51.1 billion in total sales. This marks a substantial 39.91% increase compared to the same month in 2024. The latest market report reveals a total of 16,099 transactions, reflecting a 35.5% rise in sales volume year-over-year. These figures underscore the sector’s resilience and continued investor confidence, making...
Dubai Real Estate market has continued its robust performance into 2025, supported by strong investor confidence, a thriving off-plan segment, and ongoing regulatory improvements. A notable shift in buyer demographics is reshaping the sector, with end-users increasingly taking center stage, particularly in the mid-to-high-end residential segment. Changing Buyer Profiles in Dubai’s Property...
Balancing affordability, quality, accessibility, and investor demand is a complex challenge. However, recent developments in Dubai’s real estate sector indicate a positive trajectory for its rapid growth. Here are five significant changes reshaping the market in 2025. 1. Banks to Cease Financing Registration and Broker Fees Effective February 1, banks and mortgage lenders will no longer...
Dubai Luxury Real Estate sector is expected to sustain its strong upward momentum in 2025, driven by persistent demand, constrained supply, and an ongoing influx of high-net-worth individuals (HNWIs), according to a recent market analysis. Over the past decade, transactions involving premium villas and apartments priced above AED 15 million have surged significantly. By 2024, total sales in this...
