Dollar's weakness this year has translated into some timely opportunities on luxury homes In recent months, shifts within the currency markets have quietly begun to attract the attention of sharp investors. While many remain focused on political developments and interest rate changes, a subtler and potentially more influential trend is creating real opportunities in Dubai’s real estate sector. This...
The surge in Dubai’s luxury real estate market persisted into the first quarter, with affluent buyers once again fueling record-breaking sales of properties priced over $10 million. Between January and March 2025, a total of 111 homes were sold, amassing a combined value of $1.9 billion, reflecting a 5.7% growth compared to the same period in the previous year, according to Knight Frank. The brokerage...
These initiatives aim to enhance RTA’s journey of excellence, creativity, and innovation in service delivery to all segments of society. The Roads and Transport Authority (RTA) of Dubai has been awarded an intellectual property certificate for its inaugural industrial design: the solar-powered electric abra. The UAE’s Ministry of Economy, responsible for granting intellectual property certificates,...
Nearly 20 percent of inquiries come from tech entrepreneurs, startup founders, and digital professionals. Tech Entrepreneurs and Digital Professionals Drive a New Wave in Dubai’s Prime Real Estate Almost 20 percent of recent high-intent buyer inquiries have originated from tech entrepreneurs, startup founders, and digital professionals, according to a new report. Elite Merit Real Estate analytics reveal...
Dubai’s Virtual Assets Regulatory Authority and the Dubai Land Department have issued a public warning about entities falsely claiming involvement in their real estate tokenization project pilot. The Virtual Assets Regulatory Authority (VARA) has released a public advisory warning consumers and market players about entities falsely claiming involvement in a real estate tokenization initiative. In a...
The demand for homes that blend style, function, and attainability has surged, says Emad Saleh, Founder & Chairman of AMWAJ Development. Dubai’s Mid-Luxury Real Estate Boom: A New Chapter in Urban Living For over twenty years, Dubai has stood as a showcase for some of the world's most daring real estate ventures. From its iconic skyscrapers to its man-made islands, the city has built a name on a...
Dubai's regulatory body seeks to fortify marketing compliance in burgeoning digital asset ventures. The Dubai Virtual Assets Regulatory Authority (VARA) has released a public advisory, cautioning against unauthorized groups falsely associating themselves with the Dubai Land Department’s (DLD) Real Estate Tokenization Project. In an official update dated April 23, VARA underlined that the initiative,...
Dubai's Real Estate Market Sees Significant Growth in Q1 2025 Dubai's real estate sector experienced notable growth in the first quarter of 2025, with residential property sales increasing by 22.4% year-on-year and the total value of these sales rising by 29.6%, according to a recent report by Engel & Völkers Middle East. Commercial real estate also saw an 18.2% increase in sales, with a 29.5% uptick...
GCC real estate sector led by Dubai, but other UAE cities see fastest growth GCC Real Estate Transactions Hit $78.2bn in Q1 2025, Led by Dubai’s Dominance Property deals across the GCC reached a total value of $78.2 billion during the first quarter of 2025, reflecting an estimated growth between 20.5% and 22.3%, according to recent figures from Sakan. Dubai maintained its position as the region’s...
Dubai Startup Huspy Introduces GCC's First AI Mortgage Chatbot via WhatsApp Amid Rising Pakistani Demand for Dubai Real Estate Dubai-based proptech company Huspy has introduced what is being described as the GCC’s first AI-powered mortgage assistant via WhatsApp, a launch unveiled during Dubai AI Week 2025. This innovation comes at a time when interest from Pakistani investors in Dubai’s property...