Dubai Land Department (DLD) has signed a cooperation agreement with the Dubai Virtual Assets Regulatory Authority (VARA) with the aim of linking the real estate registry to property tokenisation through an advanced governance system. This initiative seeks to enhance the efficiency of property management companies and increase liquidity in the real estate market, reinforcing Dubai’s position as a global hub for real estate innovation. This agreement, the first of its kind globally, follows the launch of the pilot phase of the “Real Estate Tokenisation Project.” It was signed in the presence of Helal Saeed Almarri, Director-General of the Department of Economy and

In line with the directives of our leadership to develop the infrastructure of the road network and mobility system in Dubai, and in implementation of the traffic solutions agreement between the Roads and Transport Authority (RTA) and Dubai Holding, RTA has awarded the contract for constructing direct access points to Dubai Islands from Bur Dubai side. This project aims to support ongoing development, address the demands of urban and demographic growth, improve traffic flow, and facilitate the movement of residents and visitors across the emirate. The work includes the construction of a bridge spanning 1,425 metres, with four lanes in

Unique Properties, a dominant force in Dubai’s ultra-luxury real estate market, has successfully closed yet another record-breaking transaction - a landmark AED 182 million (approximately $50 million) residential land sale on Jumeirah Bay Island. This achievement highlights Unique Properties’ unwavering expertise and proven track record in securing premium assets for high-net-worth clients. The prime land plot, spanning 25,441 square feet, was sold at AED 7,154 per square foot, with the deal expertly facilitated by Vanessa Sevsky, adding to Unique Properties’ extensive portfolio of high-profile transactions. The buyer, an ultra-high-net-worth individual, plans to build a custom home on the prestigious island. This sale

Dubai's real estate market has continued its buoyant start to 2025, recording total sales worth AED 142.7 billion in Q1,the second highest quarterly figure on record. This represented a 30.3% year-on-year leap in value, while the 45,485 overall sales transactions also meant a 22.8% year-on-year increase. A market update issued today by fäm Properties revealed that the Q1 results were only fractionally down on the all-time quarterly sales record of AED 147.2 billion from 50,218 transactions in Q4 2024. The first quarter of 2025 saw significant year-on-year increases in all real estate sectors, led by a 193.8% jump in plot sales worth AED35.5

Dubai Land Department (DLD) is set to welcome distinguished international delegations, including investors, developers, industry experts, and key real estate leaders, at the 21st edition of IPS Dubai 2025. This prestigious event reaffirms Dubai’s position as a leading global destination for real estate investment and innovation, offering an international platform for networking, investment opportunities, and strategic industry collaboration. Dubai’s Real Estate Market: A Hub for Global Investment Dubai’s real estate sector continues to experience sustained growth, driven by strong investor confidence, stable pricing in prime locations, and progressive government initiatives, such as the Golden Residency Programme, the Dubai 2040 Urban Plan, and the

Serenity, a blockchain technology company specializing in secure digital finance solutions, has signed a partnership with MTA Real Estate to develop a secure, blockchain-powered real estate investment portal targeting global crypto holders. The move follows the Dubai Land Department’s approval of a pilot program for tokenized property transactions, positioning the initiative within the city’s broader strategy to attract regulated digital asset flows. The initiative arrives amid growing momentum for real estate tokenization in the UAE. With growing institutional interest and clear regulatory support for blockchain-based asset infrastructure, the Dubai Land Department expects the market value for tokenized real estate to exceed $16 billion by

AVENEW Development has announced a strategic partnership with Al Tamayoz Contracting Co. LLC to develop Rena, an exclusive beachfront residential project on Dubai Islands. This collaboration marks a major milestone for AVENEW Development as it embarks on its vision of redefining modern living through innovative, design-forward communities. Perched along the waterfront, Rena will offer breathtaking sea views, private beach access, and a tranquil coastal lifestyle. The project features elegantly designed apartments, Dubai’s first sea-level townhouses, and a luxurious penthouse, all crafted to maximize natural light and ocean vistas. The architecture seamlessly blends with the surrounding landscape, ensuring a modern yet harmonious

REEF Luxury Development has opened its innovative new sales gallery in prestigious Dubai's Jumeirah Third neighbourhood, offering a glimpse into the future of luxury living. This state-of-the-art space highlights the company's patented Sunken Balcony with Outdoor Cooling and Winter Garden, revolutionary features that redefine outdoor comfort by harmonising advanced technology with modern luxury. The patented Sunken Balcony is a global first and allows residents to enjoy outdoor spaces in comfort year-round, irrespective of weather conditions. This innovation exemplifies REEF's vision for elevating lifestyles through cutting-edge residential solutions. Alongside this, the Winter Garden merges indoor and outdoor living, offering an integrated experience of comfort