ROI

According to an industry report, Dubai's commercial real estate market saw 9,038 sales transactions in 2024, representing a 24% YoY growth. According to Betterhomes affiliate Commercial Real Estate Consultants (CRC) research, the total transaction value increased 11% YoY to $24.5 billion (AED 90.1 billion) last year. “As we close the chapter on another year in Dubai’s commercial property market,...

Dubai is building an entire city in its south as its Dh128-billion passenger terminal at Al Maktoum International Airport takes shape. Property experts said that Dubai South is now among the top five areas in demand for new developments across the emirate. As he announced plans for the world's largest airport, Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler...

Samana Developers, a leading Dubai-based real estate developer, announced the opening of a new office in Abu Dhabi. Market Expansion Strategy The company stated that the action is intended to improve service offerings to brokers and real estate investors and is a reaction to the growing demand for luxury real estate from Abu Dhabi. It said the new office will serve the company’s Abu Dhabi clients,...

According to the city Land Department, Dubai real estate owners should join owners’ committees to have more involvement and voice in managing residential communities. All property owners living in jointly owned properties were encouraged to take the initiative and register for Owners committees by the Real Estate Regulatory Agency (RERA), a division of the Dubai Land Department The suggested move...

Record-Breaking Q4 Performance According to a Springfield Properties report, the Dubai real estate sector saw total sales transaction values of AED116.5bn ($31.7bn) in Q4 2024, reflecting a 31.1% year-on-year increase. At the same time, transaction volumes surged 51.8% to 46,844 closed deals. The numbers reflect a year of exceptional results and establish the city as a beacon of innovation and...

Aldar Properties has successfully priced its inaugural $1bn hybrid capital issuance, attracting robust demand from a wide range of regional and international investors. Aldar's issuance at the "PJSC" level represents the largest conventional hybrid in the Middle East. Additionally, the transaction received the tightest credit spread at issue and the best rating for a corporate hybrid in the Central and...

Dubai real estate developer Sobha Realty has announced the top nationalities investing in its diverse portfolio of projects. Sobha Realty's projects attract investors from India, China, Iran, the UK, and the US, with different developments attracting a range of investors. Project-Specific Investment Analysis Sobha Hartland 2 A Dubai master community spanning 8 million sq ft: Indian Iranian...

UAE Real Estate Market Overview The total value of real estate transactions across the four significant emirates — Abu Dhabi, Dubai, Sharjah, and Ajman — reached approximately Dh893 billion by the end of 2024, with over 331,300 transactions recorded, data showed. Except for mortgages in Ajman, official data from the local real estate authorities of the four emirates shows that mortgage transactions...

Record-Breaking Market Performance In 2024, the Dubai real estate market had a record-breaking 180,900 transactions valued at AED522.1 billion ($142.2 billion). A market report issued by fäm Properties underlines how 2024 became a historic year, with big leaps of 36% and 27%, respectively, on the previous high of 133,100 sales worth AED411.1bn ($112bn) in 2023. Primary Market Growth In the primary...

Introduction Residential real estate rental in Dubai will be governed by an open building classification system with the establishment of the Dubai Land Department's Smart Rental Index 2025. The index represents a comprehensive system integrating the latest technologies and real estate expertise. It aims to provide exceptional services that meet the needs of all real estate market stakeholders. It...

Record-Breaking Performance Dubai Duty-Free recorded a new annual sales record of AED7.901bn ($2.164bn) for 2024, with a significant surge in sales happening towards the end of the year. December set a record with sales of AED821.944m ($225.190m), a 2% increase over the same month in 2023. They were fuelled by Dubai Duty-Free's 41st-anniversary celebrations, when the operation offered a 25% discount...

According to data from the Land Department, the Dubai real estate sector recorded AED21.99bn ($6bn) of transactions last week. According to Land Department data, mortgages dominated the figures, with AED11.02bn ($3.4bn). In total, there were 3,345 sales transactions recorded between December 23 and December 27. Dubai real estate this week Among the most expensive sales transactions listed on the...

The Emirate's real estate regulator has announced that a new 'Smart Rental Index' will be launched in Dubai in January 2025. The new index will regulate and develop Dubai's real estate sector, "particularly in rental valuation". Purpose and Benefits According to the Dubai Land Department, the index will foster "trust, transparency, and confidence among landlords, tenants, and investors." The...

Project Completion Update Dubai South Properties has announced the completion of the first phase of The Pulse Beachfront, a luxury master-planned community located in Dubai South's Residential District. The initial phase comprises 251 units, including 3—and 4-bedroom villas and 5-bedroom waterfront villas. Handovers are set to begin soon. Project Specifications The project has 788 residential...

According to analytics from a top UAE-based real estate company, due to rising property values, increased rental demand, and high investor confidence, Dubai's real estate market is expected to grow steadily in 2025. According to Elite Merit Real Estate, the expansion is fueled by changing market trends, creative government initiatives, and economic resiliency. "Dubai's focus on innovation,...

Market Overview Luxury apartments are in short supply in Dubai's real estate market, according to real estate specialists. As a result, the rental prices of these existing units have increased "tremendously." "We don't have many luxury apartment projects ready at the moment," said Vladimir Minaev, luxury property specialist at Metropolitan Premium Properties. "We only have four or five truly luxurious...

Partnership Overview Wasl Group and Mohammed Bin Rashid Housing Establishment (MBRHE) signed a Memorandum of Understanding (MoU) to create creative housing solutions that improve community well-being and quality of life. Key Objectives The agreement examines ways to build sustainable housing projects on MBRHE-provided property, emphasizing creative ideas that address the populace's requirements and...

Due to ongoing rent increases that force tenants into smaller apartments and demand from newcomers seeking cheaper real estate, one- and two-bedroom apartments are in high demand for rental in Dubai. In the third quarter of 2024, over two-thirds of transactions were for one- or two-bedroom apartments, according to a quarterly report published by real estate services company Engel & Völkers. Over...

Record-Breaking Sale A luxury villa in Emerald Hills sold for a record AED 120 million, reflecting the surge in the real estate market caused by the migration of high- and ultra-high-net-worth individuals to Dubai. Investment Success Story The sale resulted in an AED 40 million profit for the investor who purchased the plot, designed the villa, and managed construction, eventually securing an off-plan...

Project Background With an uncertain future and the possibility of losing their investment, hundreds of real estate owners are in a desperate search for answers after the Dubai Land Department declared a project initially introduced in 2005, 19 years ago, to be "under cancellation." Investor Stories Bibhu, a citizen of Dubai, has been longing for his ideal house in the Lily Zone at the Dubai Lagoon...