Real Estate

Dubai’s real estate market experienced significant growth in 2024, with residential property values increasing by 19.1% over the past year, reaching AED 1,685 per square foot, as reported by global property consultancy Knight Frank. This puts the average price 13.3% higher than the 2014 peak. Villa prices saw even stronger growth, rising by 20.2% to AED 2,009 per square foot—38.1% above their 2014...

Dubai’s luxury real estate market has long been a magnet for global investors, but in recent years, Chinese and Russian buyers have emerged as dominant forces. According to Elite Merit Real Estate analytics, these two nationalities are set to account for 30% of all real estate purchases in Dubai by 2025, further solidifying their influence in the market. A Surge in Investment in 2024 The influx of...

In line with the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, and his commitment to strengthening Dubai’s role as a global hub for innovation and the digital economy, the Dubai Land Department has announced that the emirate will host PropTech Connect 2026, the largest global conference and exhibition dedicated to real...

Dubai's ultra-luxury property market soared to new heights in 2024, with 435 homes sold for more than $10 million amid surging demand from high-net-worth individuals. The emirate’s thriving economy and investor-friendly policies continue to attract global elites, solidifying its position as a premier destination for luxury real estate. According to Knight Frank, Dubai’s $10 million-plus home sales...

The United Arab Emirates (UAE) has long been a global hub for commerce, investment, and innovation. In recent years, the country has experienced remarkable economic growth, primarily fueled by two thriving sectors: real estate and e-commerce. As the UAE continues to diversify its economy beyond oil, these industries have become significant pillars driving expansion, employment, and investor...

Dubai-based developer Sobha Realty is gearing up to launch several new projects in the UAE this year, leveraging the country’s thriving property market. The company’s founder recently announced plans for eight to ten new ventures, collectively valued in the multibillion-dirham range. These projects arrive as the UAE’s real estate sector continues to demonstrate remarkable growth and resilience, even...

Dubai is a city of unmatched luxury, innovation, and cultural richness. Whether you're a thrill-seeker, a shopaholic, or a history buff, Dubai has something extraordinary for you. Here’s your ultimate guide to must-visit attractions for an unforgettable holiday in this iconic destination. 1. Burj Khalifa: Touch the Sky No trip to Dubai is complete without visiting the world’s tallest building, the...

Dubai's new rental index will be based on a rating system for each building, and landlords may have to renovate or upgrade their properties to justify rent increases. The Dubai Land Department on Thursday launched a new smart rental index with a classification and a rating system from one to five stars for residential buildings, based on more than 60 criteria including its location, sustainability...

In a global ranking, the real estate markets of Dubai and Abu Dhabi have made the biggest strides in transparency, landing in 3rd and 4th place for improvements. That is according research from JLL. The improvements in these UAE real estate markets is largely linked to increased government focus on data transparency and major digitalization efforts. Those include technology-focused initiatives...

Dubai’s real estate market consistently attracts the attention of global investors. Known for its stunning developments and prime location as a global business hub, Dubai draws high-net-worth individuals and international investors alike. As we approach 2025, several key trends and developments are shaping the market’s future. Whether you're a seasoned investor or just beginning to explore Dubai’s...