Dubai’s luxury real estate market is roaring ahead as affluent newcomers reshape the city’s property landscape. In the first half of 2025 alone, the number of transactions for homes priced above AED 10 million surged by 62.7%, with a record 3,731 high-end deals cutting across the ultra-prime segment. The second quarter alone accounted for 2,388 such sales, the highest quarterly figure ever recorded....
UAE’s real estate landscape is undergoing a rapid shift in 2025, with property price growth spreading well beyond the traditional strongholds of Dubai and Abu Dhabi. Abu Dhabi led the surge with a remarkable 202% year-on-year increase in prices, while Dubai saw a 124% rise. Bloom Holding’s UAE Property Market Report 2025 reveals that emerging neighborhoods—like Palm Jebel Ali and Meydan Avenue in...
Dubai’s luxury real estate segment is powering ahead—2024 marked the fourth year in a row of growth in both transaction volumes and capital values, according to Savills’ debut Dubai Prime Residential Report. Despite 93% of transactions still being under AED 5 million, the ultra-prime market has exploded: sales of properties priced above AED 10 million skyrocketed from 469 in 2020 to 4,670 in 2024....
Ras Al Khaimah (RAK) is experiencing an extraordinary real estate surge, rapidly establishing itself as one of the UAE’s most dynamic property markets. Under the visionary guidance of Sheikh Saud bin Saqr Al Qasimi, the emirate is embracing forward-thinking urban planning, sustainability, and lifestyle-centric development. In just three years, both real estate sales and prices have seen substantial...
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...
The Mohammed bin Rashid Housing Foundation has unveiled a new “Innovative Investment Strategy” that aims to diversify income, elevate housing standards, and deepen private-sector collaboration. It promotes leasing and investment opportunities within its residential assets, while identifying 18 potential investment areas and working with multiple partnership models. Under early progress, the foundation...