Dubai Erases Records with 8.68 Million Visitors in Jan–May 2025Dubai welcomed an impressive 8.68 million international tourists from January to May 2025, marking a 7% increase over the 8.12 million recorded in the same period last year, according to the Dubai Department of Economy and Tourism (DET) “Tourism Performance Report”. May alone contributed 1.53 million visitors, fueling the momentum...
Dubai property prices climb ~8–10% through 2025 amid supply–demand mismatchDubai’s residential market remains on an upward trajectory heading into 2025, with monthly gains of 1.6% and 24.7% year-on-year since May 2024—led by villa values jumping 2% MoM and 29.3% YoY, especially in Jumeirah Islands (+41.5%) and Palm Jumeirah (+40.9%). Apartments also grew—1.1% MoM and 20% YoY—with strong...
Dubai’s ultra‑luxury home sales soar tenfold — $10 million+ deals set recordsDubai’s highest-end property segment is witnessing explosive growth. In 2024, the emirate recorded 435 sales exceeding $10 million, narrowly surpassing 2023’s 434 deals, with Palm Jumeirah alone accounting for 127 transactions worth nearly $2.3 billion. Villas dominated this market, making up 68.5% of all luxury...
Dubai’s summer real estate boom overturns seasonal normsDubai’s property market is heating up in the summer months, not cooling down. According to Bayut and Dubai Land Department data, the period from June to September 2024 saw 64,596 property sales—an 18.1% increase from spring and a 38.1% rise from winter—while rental contracts hit an impressive 372,337. This marks the third consecutive year...
Dubai office market smashes records with AED 2.8 billion in Q1 salesDubai’s office real estate sector delivered a phenomenal start to 2025, recording AED 2.8 billion ($762.4 million) in sales across 933 transactions—a striking 83% year-on-year increase in value and a 24% jump in volume. Off-plan deals surged by 741%, reaching AED 800 million, while ready-office transactions climbed...
Dubai Land Department enforces new permit rule for overseas property salesDubai’s Real Estate Regulatory Authority now requires brokers to obtain explicit permits before marketing overseas properties in the emirate. The updated regulation mandates that agents submit the title deed, a broker-owner agreement, legal certification from consular authorities, and authenticated documentation translated into...
Dubai Metro Blue Line sparks up to 43% rent surge in nine communitiesWith the upcoming Blue Line set to launch by 2029, rental rates in nine key Dubai communities—including International City, Silicon Oasis, Ras Al Khor, Mirdif, and Al Warqa—are projected to climb between 10–25% from transport-enhanced demand. Data from CBRE and market strategists show properties within a 15-minute walk of metro...
UAE GDP reaches AED 1.776 trillion ($483.6 bn) in 2024 with 4% real growthThe UAE’s economy hit AED 1.776 trillion in 2024—a 4.0% increase year-over-year—anchored by a non-oil GDP rise of 5% to AED 1.342 trillion, while oil-related activities contributed AED 434 billion. This performance highlights the nation’s unwavering momentum under the “We the UAE 2031” vision, as...
Dubai’s property market recorded a striking 24.7% year-over-year spike in May 2025, the fastest increase seen in over a decade, according to the ValuStrat Price Index—now at 217.5 points after a 1.6% monthly rise. Villa values jumped 2% MoM and nearly 29.3% YoY, driven by luxury hotspots like Jumeirah Islands (+41.5%), Palm Jumeirah (+40.9%), Emirates Hills (+28.6%) and The Meadows (+28.3%). Apartments...
Middle East property landscape is evolving through innovation and diversificationThe regional real estate sector is undergoing a profound transformation—from raw market growth to strategic modernization—driven by PropTech adoption, green building standards, and government-backed mega-projects. Over $128 million was raised by PropTech startups in MENA in 2021, and digital solutions like VR viewings,...