Dubai Real Estate Outlook 2025/2026: $2.6B Luxury Market Defies Mid-Segment Risks
As Dubai enters the 2025/2026 business season, Elite Merit Real Estate shares its latest insights into the city's property landscape, highlighting a resilient sector defined by record tourism inflows, strong off-plan sales, and an expanded supply pipeline. While these forces underpin continued growth, the scale of new deliveries is expected to shift market dynamics, placing greater emphasis on asset quality, location, and sustainability. Market Performance and Trends Dubai's property market remains solid in 2025, bolstered by both tourism and investor appetite. In the first half of the year, the city welcomed 9.88 million visitors (+6% YOY), with hotels achieving an average occupancy
UAE’s PropTech Sector To Be Valued At AED 5.69 Billion By 2030
The rapid growth of the PropTech market holds significant importance for the UAE as the country continues to position itself as a global hub for innovation, real estate, and smart urban living. By integrating cutting-edge technologies such as AI, blockchain, Internet of Things (IoT), as well as Virtual Reality (VR) and Augmented Reality (AR), this will help drive enhanced efficiency, transparency, and customer experience across the real estate sector. The UAE’s PropTech sector, which was valued at AED 2.24 billion in 2024 is expected to nearly triple and reach AED 5.69 billion by 2030 at a Compounded Annual Growth Rate (CAGR)
Record AED 362mln Canal-Front Land Sale Sets A New Benchmark For Business Bay
A prime, waterfront plot on the Dubai Water Canal in Business Bay has sold for a record-breaking AED 362 million, reflecting a market that remains exceptionally liquid. The seller was Mukarrib Holdings, and the transaction was brokered by Driven | Forbes Global Properties. Positioned on the Dubai Water Canal and among the last true canal-front opportunities in Business Bay, the corner site offers an ideal platform for a mixed-use project and premium retail. It opens directly onto the canal boardwalk for effortless walking and cycling, with swift links to Sheikh Zayed Road and Al Khail Road. Looking ahead, planned stations on the
Azizi Developments’ Azizi Zain In Al Furjan Reaches 34% Construction Milestone
Azizi Developments, a leading private developer in the UAE, has announced that construction at Azizi Zain, its contemporary, metro-connected residential development in Al Furjan, has now attained 34% completion. The project remains on track for its delivery in Q1 2026. Structural works have reached 98%, while blockwork and internal plastering stand at 58% and 41%, respectively. MEP and HVAC activities are progressing at 19% and 18%, with overall finishes at 14%. A total of 339 personnel are currently deployed on-site, ensuring swift, high-quality construction. Mr. Farhad Azizi, Group CEO of Azizi Group, said: “The steady progress of Azizi Zain underscores our unwavering
Object 1 Teams Up With Nottingham Forest For Global Partnership
Object 1, the award-winning developer shaping the UAE’s real estate landscape with design-led projects, has signed an official global partnership with the Nottingham Forest Football Club, marking the start of an exciting collaboration that brings together world-class football and Dubai’s rapidly growing real estate sector. Running throughout the 2025–26 season, the partnership positions Object 1 on the international stage while highlighting its local achievements in Dubai, creating opportunities to engage ardent football fans across the UAE and the Gulf region. The two join forces during an exciting period for both organisations, with Forest currently competing in the Europa League for the
Meraas Launches Nourelle At Madinat Jumeirah Living, Redefining Premium Living In Jumeirah
Meraas, part of Dubai Holding Real Estate has announced the launch of Nourelle, a distinctive new residence within Madinat Jumeirah Living. Positioned at the heart of Jumeirah, Nourelle strengthens Meraas’s presence in the luxury real estate segment, offering a refined collection of homes distinguished by bold architecture, panoramic views, and wellness-focused amenities. Nourelle is part of a thoughtfully designed three-building residential project, with the first building comprising 66 residences across the 12-storey building. This includes 27 one-bedroom, 28 two-bedroom, 10 three-bedroom, and one four-bedroom apartment, which features floor-to-ceiling glazing designed to maximise natural light and offer expansive views of the surrounding neighbourhood. A defining
Azizi Developments Launches Azizi Noura In Dubai’s Downtown Jebel Ali
Azizi Developments, one of the UAE’s leading private developers, has announced the launch of Azizi Noura, a premium residential community in Downtown Jebel Ali. Positioned beside Jebel Ali Free Zone (JAFZA) - the Middle East’s largest port and a global logistics hub - the development offers buyers and investors the chance to own contemporary homes in one of Dubai’s most strategically connected districts. Officially unveiling on 7 October 2025, the project will bring elegantly designed freehold residences to market, with prices starting from AED 570,000. Azizi Noura features modern studios, as well as one- and two-bedroom residences designed to harmonize sophistication
LIV Developers Marks 640 Units In Project Deliveries, Unveils AED1.5bln In New Launches
LIV Developers, an international luxury residential developer renowned for its boutique waterfront properties, has reported strong progress across its projects, with nearly AED 2.3 billion worth of homes, including 640 apartments, set for delivery over the next 12 months. The company also confirmed a new pipeline of ultra-prime projects valued at more than AED 1.5 billion, reinforcing continued investor confidence in Dubai’s luxury real estate market. Commenting on the company’s momentum, Ishan Khwaja, Director of LIV Developers, said, “This has been a landmark year for LIV Developers. The early handover of LIV Marina, the record sales success of LIV Maritime, and
BEYOND Unveils Soulever, A Landmark AED2.6bln Development At Dubai Maritime City
BEYOND Developments, the bold and forward-thinking real estate brand, has announced the launch of Soulever by BEYOND, an AED 2.6 billion landmark within Dubai Maritime City (DMC). Rising as two sculptural towers designed by globally renowned architects SAOTA, with interiors by ARRCC, Soulever stands as a confident expression of BEYOND’s vision for waterfront living. As the company’s seventh launch within just one year since its establishment, Soulever reinforces BEYOND’s rapid momentum and the extraordinary demand for its design-led communities. Soulever is the sixth waterfront project unveiled within BEYOND’s 8 million sq. ft masterplan at Dubai Maritime City. Alongside Saria, Orise, Sensia,
Nakheel Awards AED 169mln Infrastructure Contract To Support Bay Villas Development At Dubai Islands
Nakheel, a member of Dubai Holding Real Estate, has appointed Al Nasr Contracting Company LLC to deliver internal roadworks and essential utilities for Bay Villas at Dubai Islands under an AED 169 million contract. The scope covers access roads across the 636-unit residential community and the installation of essential utility services, ensuring connectivity between homes, public areas and wider island systems. This appointment supports Nakheel’s approach to sequencing preparatory works with infrastructure delivery, helping to enable efficient community build-out and consistent outcomes for residents. Khalid Al Malik, Chief Executive Officer, Dubai Holding Real Estate, said: “Awarding this infrastructure contract to Al Nasr represents