Dubai real estate news, Mohamed Alabbar’s funding pledge, GEMS unveils $100m school and more top news stories
Real Estate
Latest in Real Estate
Business Bay
Dubai real estate: Urban Properties Development launches $81.6mn freehold project in Business Bay
The development, which is under construction, will comprise 146 units including studios, one-bedroom, and two-bedroom apartments, with completion set for Q2 2026
Real Estate
UAE, Saudi, Egypt to power 2025 real estate boom in MENA: Savills
Savills has projected global real estate investment turnover to grow by 27% to $952 billion in 2025 and surpass $1 trillion by 2026
Adani Enterprises
Dubai’s Emaar confirms talks with multiple companies to sell stake in India unit
The Dubai real estate company said in a disclosure to DFM that the valuations and other terms have not been finalised
Dubai
Dubai’s re-sale property market delivers record $16.33bn in profits for investors in 2024
The highest amount of capital gain, AED 6.48 billion, was achieved on Palm Jumeirah
ACRES Real Estate Exhibition
UAE real estate: Shurooq announces new Mawj, Ghadeer Towers in Khorfakkan with 50% registration fee discount
The launch includes a 50% discount on registration fees for buyers who purchase units during the exhibition
Belgrade
UAE real estate developer Eagle Hills announces major expansion to $12.4bn Belgrade Waterfront
UAE real estate developer Eagle Hills announces expansion of Belgrade Waterfront project
Dubai
Dubai real estate: Which developers have sold the most $10mn plus apartments in 2024?
The luxury property market continued to boom in Dubai in 2024
Kuwait real estate
Sharjah real estate: Kuwaiti developer announces massive $953m Al Tay Hills project with UAE’s longest green river
A giant Sharjah real estate development with 1,100 homes and a 2.5km river will hand over its first phase in 2028
Abu Dhabi
UAE real estate: Abu Dhabi property sales, rentals see strong 2024 growth; Al Reem Island tops apartment searches
The analysis highlights rising demand and price increases across affordable and luxury property segments in Abu Dhabi
Dubai
Dubai Investments launches AED 400mn Asayel Avenue at Mirdif Hills
Asayel Avenue will feature 193 residential units, offering a mix of 1, 2, and 3-bedroom apartments
Real Estate
Scintilla, Verseprop team up to revolutionise real estate tokenisation
For investors, the collaboration will unlock access to diversified real estate opportunities
Dubai construction
Dubai real estate: Meydan awards $144m Naya at District One construction contract
Meydan awards $144m construction contract to Bhatia General Contracting for Dubai real estate development
Better Homes
Dubai real estate sets record breaking transaction record with $115bn of sales in 2024; $65.5m villa and $74.8m apartment top charts
A record-breaking year for Dubai real estate saw more than 40 homes sold for more than $27.2m
Blockchain
Dubai Crypto Tower will be blockchain business base with NFT gallery, gold bullion shop, car dealership, club and AI incubators
DMCC and Reit Development announce stunning Dubai Crypto Tower
Dubai
Dubai real estate poised for growth in 2025: Report
This sustained growth is attributed to factors such as the legacy impact of Expo 2020, a recovering global economy, and Dubai’s status as a safe haven for investors during uncertain times
Dubai
Alta unveils Mr. C Residences Downtown in Dubai, second project in the emirate
The company’s residential portfolio includes Mr. C Residences in Coconut Grove, Miami, Florida, West Palm Beach, Florida, and Jumeirah, Dubai