dubairealestatenews

Dubai real estate thrives during Ramadan as sales jump 55% in 2024

Contrary to conventional expectations, Dubai's real estate market experiences a surge during Ramadan, as indicated by data from 2023 and 2024. Transaction volumes, sales values, and property prices have seen significant increases, positioning Ramadan as a peak period for property deals. In 2024, transactions rose by 39%, reaching 12,313, while sales values soared by 55% to AED 32.6 billion. Luxury...

India’s small town investors flock to Dubai property: Why it’s worrying ED

Indian Investors from Tier 2 and Tier 3 Cities Eye Dubai’s Booming Property Market A growing wave of investors from India’s Tier 2 and Tier 3 cities is fueling Dubai’s real estate market, marking a shift from the traditionally metro-based Indian buyer demographic. This surge has drawn the attention of India’s Enforcement Directorate (ED), which is now probing certain real estate transactions due...

Dubai Real Estate Market’s First Price Drop in Two Years

Dubai Real Estate Market’s First Price Drop Dubai Real Estate Prices Experience First Decline Since 2022, Indicating Market Stabilisation Dubai’s real estate sector witnessed a slight dip in property prices, declining by 0.57% in January 2025—the first drop since the summer of 2022—signaling a shift towards market stabilisation, as per the latest industry report. Despite this decline, January 2025...

New Dubai Islands waterfront project worth AED260mn announced by DHG Properties

The project will include approximately 100 apartments across 11 floors DHG Properties Acquires Prime Land on Dubai Islands for Third Residential Project DHG Properties, a subsidiary of Swiss-based real estate and construction firm DHG Holding, has secured a prime land parcel on Dubai Islands for its latest residential development, marking the company's third project in Dubai. This acquisition is also the...

Dubai’s Housing Market Soars: 55% More Deals, 44% Sales Value Jump..

During the fourth quarter of 2024 (October to December), Dubai’s residential market experienced a notable surge, recording a total of 33,110 registered transactions. This marks a 55% year-on-year (Y-o-Y) increase compared to the 21,405 transactions documented during the same period in 2023. This significant rise in activity highlights the strong confidence of buyers in Dubai’s real estate sector. The...

Damac unveils prime luxury waterfront projects in Dubai

These projects not only offer homes but also high-end experiential-seaside living to its residents. Damac Properties Showcases Elite Waterfront Developments at Dubai International Boat Show UAE’s premier luxury real estate developer, Damac Properties, is presenting its most distinguished waterfront projects—including Couture by Cavalli, Damac Bay, and Damac Bay 2—at the prestigious Dubai...

Giant 500m Dubai hotel and branded real estate project to have ‘world’s highest outdoor pool’

Corinthia Dubai will tower more than 500m and include branded real estate and the “world’s highest outdoor pool” A Landmark 500m-Plus Tower to Redefine Dubai’s Skyline with the World’s Highest Outdoor Pool A groundbreaking hospitality and real estate development is set to transform Dubai’s skyline by 2030, featuring the world’s highest outdoor sky pool. The iconic project is a collaboration...

Dubai real estate boom continues as developers post record earnings

Dubai's property market is soaring, with record-breaking sales and profits driven by foreign investors and an influx of expats. In 2024, Dubai ranked as the third-best-performing luxury real estate destination, with prices rising 16.9%. Major developers like Emaar and Binghatti saw profits more than double, while Aldar in Abu Dhabi also posted significant growth. Unlike past speculative booms, this rally...

Dubai real estate sector sees 27 percent surge in prices in January 2025: Report

Apartment prices rose by 1.4 percent monthly, recording an annual growth of 23.1 percent last month. Dubai Real Estate Market Continues Strong Growth into 2025 Following an exceptional year in 2024, Dubai’s real estate sector has sustained its upward trajectory, with property prices and transaction values witnessing substantial growth. As 2025 commenced, the ValuStrat Price Index (VPI) climbed to 204.2...

Dubai’s rapid growth brings housing strains

Dubai’s meteoric rise as a global hub has shown no signs of slowing down, but its booming real estate market, skyrocketing population, and worsening congestion are putting growing pressure on residents. Dubai’s Real Estate Boom Sparks Housing and Traffic Concerns Dubai, famed for its iconic skyscrapers and tax-free lifestyle, is experiencing a surge in real estate transactions, with rental prices in...

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