Dubai’s residential real estate market surged in July 2025, with total sales reaching AED 51.3 billion (about $14 billion), marking a 10.6% increase from June. Transaction volumes also climbed, with 18,816 deals recorded—up 20.5% month-on-month. The average price per square foot rose 3.3% to AED 1,893 ($516). Off-plan sales comprised 65% of transactions, further highlighting investor optimism and...
Dubai’s real estate landscape remained vibrant in the first half of 2025, with the Dubai Land Department (DLD) registering 4,049 new real estate activities—a clear indicator of the emirate’s expanding appeal to investors and service providers alike. The registration process is facilitated through the streamlined Trakheesi System, the official digital platform for activating a wide spectrum of real...
Dubai has officially joined the global elite list of cities where ultra-high-net-worth individuals—those with a net worth of at least $30 million—are purchasing second homes. According to a recent analysis by Altrata (via Business Insider), Dubai ranks 10th worldwide, with 1,288 of these affluent individuals owning secondary residences in the city. This achievement underscores the emirate’s rise as a...
Dubai’s Roads and Transport Authority (RTA) has launched an innovative digital platform named "Data Drive – Clear Guide," designed to tackle traffic congestion head-on. Leveraging both real-time and historical traffic data from the past five years, the AI-powered system provides an interactive map that enables authorities to immediately assess road speeds, congestion hotspots, recurring traffic...
DMCC—the Dubai Multi Commodities Centre, renowned as a global business hub—welcomed over 1,100 new companies during the first half of 2025, taking its total membership to nearly 26,000. A standout highlight was the DMCC Crypto Centre, which achieved a remarkable 38% year-on-year growth, now hosting more than 700 crypto firms. This strong momentum was fueled by heightened interest from international...
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