New arrivals drawn by the country’s fiscal policies, luxurious lifestyle, and visionary governance UAE Leads Wealth Boom as Surge in HNWIs Transforms Middle East Luxury Market The Middle East is currently witnessing a historic rise in high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs), with the UAE standing out as a global hotspot for affluent investors. As outlined in the...
Abu Dhabi attracted 384 FDI transactions valued at AED1.582 billion from investors from 68 nationalities. Abu Dhabi Property Sector Surges with AED25.3 Billion in Q1 2025 Transactions The Abu Dhabi Real Estate Center has unveiled an impressive 34.5% growth in transaction value during the first quarter of 2025, reaching AED25.3 billion ($6.89 billion) across 6,896 property deals. This marks a substantial...
Robust investor confidence, population growth, and infrastructure investment continue to fuel cross-sector expansion.Dubai Real Estate Market Report Q1 2025: Residential & Commercial Sectors See Strong Growth – Engel & Völkers Middle EastDubai, UAE – Engel & Völkers Middle East, a recognized leader in luxury real estate services, has released its Dubai real estate market report for Q1...
The Dubai Land Department described the monitoring system as part of its strategy to improve transparency and credibility in the property sector. Dubai Land Department Highlights AI-Driven Platform's Success in Real Estate Advertising Oversight The Dubai Land Department (DLD) has unveiled key statistics demonstrating the effectiveness of its AI-powered Real Estate Advertising Governance Platform,...
Palm Jumeirah remained the top destination, Dubai Achieves Record-Breaking Q1 with 111 Luxury Home Sales Over $10 Million in 2025 Dubai saw a total of 111 property transactions exceeding $10 million during the first quarter of 2025, showcasing continued strength in the emirate’s high-end residential sector amid a steady influx of ultra-wealthy buyers. This figure represents the highest first-quarter...
In the first quarter of 2025, 111 luxury homes worth $1.9 billion were sold in Dubai. Analysts fear that global instability may affect the market. Dubai Luxury Real Estate Market Sees Continued Growth in Q1 2025 Dubai’s luxury real estate market experienced continued momentum during the first quarter of 2025, with high-net-worth buyers once again dominating transactions for homes priced above $10...
Dubai, UAE – April 22, 2025 – Prime Evergreen Property, one of Dubai’s fast-rising real estate brokerages, is pleased to announce the official appointment of Maria Mohsin as Managing Director, effective April 5, 2025. This significant leadership decision reflects the firm’s continued focus on growing its presence both within the UAE and across international markets. Bringing with her close to 13...
Amwaj International Acquires 18% Stake in Dubai-Based Developer Cledor, Marking Its Entry into UAE Real Estate Dubai, UAE – April 22, 2025 – Amwaj International, a global conglomerate valued at over a billion dollars and employing more than 10,000 people across 27 cities, has officially acquired an 18% share in Dubai-based luxury real estate firm Cledor. The company, founded by industry veteran Omar...
As of December 2024, the UAE hosted 130,500 dollar millionaires, ranking as the 14th largest wealth market globally. UAE Emerges as a Global Wealth Hub with Surging Millionaire Influx and Luxury Real Estate Boom Over the past decade, the United Arab Emirates (UAE) has witnessed a remarkable 98% increase in dollar millionaires, positioning itself as the world's second-fastest growing wealth market. This...
Hussain Sajwani, 71, is the billionaire chairman of Dubai-based real estate powerhouse Damac Properties. Elon Musk Spotted at White House with Dubai Billionaire Hussain Sajwani Elon Musk, the chief executive of Tesla and SpaceX, recently appeared in a photograph captured at the White House with Dubai-based billionaire Hussain Sajwani, the founder of Damac Group. The image, which circulated online, has...