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Total monthly transactions rise 15.4 per cent to 18,678 YoY driven by apartment sales worth Dh30.2 billion Dubai’s real estate market recorded 18,678 property sales worth AED51.1 billion in August The Dubai real estate market recorded property sales worth Dh51.1 billion in August, a 7.9 per cent increase on the same month last year, with […]
Circulars were issued to all consultancy offices, mandating strict compliance with the Dubai Building Code (DBC) and adherence to approved engineering standards Dubai Municipality (DM) has issued warnings to some offices for exaggerated structural designs for UAE citizens’ villas resulting in an unjustified increase in construction costs without any proven engineering need. These violations also […]
Savills report shows Dubai recording over 5% prime capital value growth in H1 2025 Towers in Dubai. Among the 30 cities tracked by Savills, the emirate outpaced most in both capital and rental growth.. Photo: File photo Dubai has reaffirmed its position as one of the world’s top-performing prime residential markets, posting robust capital value growth […]
Dream Dubai partners with Tamara to offer flexible payment optionsDream Dubai has announced a new partnership with Tamara, the region’s leading Buy Now, Pay Later (BNPL) provider, aimed at simplifying and enhancing the customer journey by enabling users to split their payments into interest-free instalments on the Dream Dubai platform. With Tamara’s integration, Dream Dubai […]
Set to debut in November 2025, Nexara Tower marks the beginning of a new chapter in urban luxury living 7th Key Development has announced the pre-booking launch of Nexara by 7th Key, the much-awaited 40-storey landmark situated at Jumeirah Village Circle (JVC). Nexara Tower will make its official unveiling in November 2025. Nexara Tower is […]
Dominance highlights the underlying market preference for spacious, independent homes A view of the entrance of the Arabian Ranches community. Villas now account for just seven per cent of all homes listed for sale in Dubai. Dubai’s villa market has emerged as the standout segment of the emirate’s booming real estate sector, with a sharp surge […]
The support packages by the Mohammed Bin Rashid Housing Establishment (MBRHE) was delivered to 3,027 beneficiaries The Mohammed Bin Rashid Housing Establishment (MBRHE) has delivered more than Dh1.725 billion worth of housing support packages to 3,027 beneficiaries in the first half of 2025. The figure highlights MBRHE’s continuous efforts and steadfast dedication to strengthening family […]
Dubai Islands is a premium destination that spans five islands across 18.6 square kilometres Nakheel, a member of Dubai Holding Real Estate, has awarded a contract worth Dh2.6 billion to Fibrex Contracting for the construction of the Bay Villas project at Dubai Islands. Featuring 636 luxury units across five distinct property types, Bay Villas represents […]
AUM Development plans to complete and hand over the project in the third quarter of 2027 AUM Development, a real estate developer in Dubai, has announced the launch of its residential project, Veda – a collection of wellness-inspired homes in the heart of Jumeirah Village Circle (JVC). The latest development offers 1BHK and 2BHK units […]
Apartments continued to dominate the landscape, accounting for 80% of all transactions Dubai’s ready market showed resilience, with over 15,000 transactions in completed properties. Dubai’s residential property market surged to unprecedented levels in the second quarter of 2025, driven by a potent mix of investor confidence, population growth, and a steady influx of high-net-worth individuals, […]