Dubai Property Sales In February Soar To $13.8bln
Dubai’s real estate market has continued its strong start to 2025, with property sales in February totalling AED51.1 billion ($13.8 billion), up 40% over last year, according to fäm Properties. The last month’s total of 16,099 transactions also represented a 35.5% increase in volume over February 2024, making it one of the best ever months on record, it stated. Data from DXBinteract shows that villa sales totalling AED18.8 billion climbed dramatically by 99.7% to 3,679 compared with February last year, while plot sales worth AED9.6 billion also soared in volume by 74.7% to 608. Apartment sales worth AED21.4 billion climbed 21.3% in volume
DAMAC Properties And ADIB Partner To Facilitate Home Ownership For UAE Residents
DAMAC Properties has partnered with Abu Dhabi Islamic Bank PJSC (ADIB) to introduce a home financing solution that enables UAE residents to secure financing for off-plan properties once construction reaches 35% completion. This makes DAMAC the first developer to offer such a financing option, making homeownership more accessible and convenient for buyers. This initiative aligns with DAMAC and ADIB’s commitment to providing customer-centric financial solutions that simplify investing in luxury real estate. As market dynamics evolve, this financing plan represents a leap forward, enabling residents and investors to secure prime properties and benefit from market appreciation. Commenting on the milestone, Amira Sajwani,
Penthouse.ae Lists Signature Villa On Palm Jumeirah For AED 7.5mln Yearly Rent
Penthouse.ae powered by Metropolitan and the luxury division of Metropolitan Premium Properties, has exclusively listed, in collaboration with Savills, a Signature Villa, on the prestigious Palm Jumeirah for an annual rent of AED 7.5 million ($2 million). “As Dubai continues to cement its position as one of the world’s ultra-luxury real estate capitals, this Signature Villa listing underscores the city’s unrivaled offerings in the super-prime segment,” said Marcus Andersson, Director of Sales, Penthouse.ae. “The Signature Villa is an ideal offering for UHNWIs seeking a once-in-a-lifetime rental opportunity in one of the world’s most sought-after locations. This villa is a true masterpiece, designed
How Hub By Holo Is Transforming UAE’s Real Estate
In a fast-paced and competitive real estate market, agents face mounting frustrations: how can they find mortgage-ready buyers and close deals faster, all while navigating tightened regulations and restrictions like the cold-calling ban in the UAE? The answer lies in Hub by Holo – a new tool designed to directly address these pain points, making the process of matching properties with serious buyers seamlessly. Real estate agents are facing an evolving range of challenges. From the complexities of mortgage timelines to losing control over client relationships during the mortgage process, the traditional approach can lead to missed opportunities and slower sales
Dubai Property Market Enjoys Bumper Month As February Sales Hit AED51.1 Billion
Dubai’s real estate market hascontinued its strong start to 2025, with property sales in February totalling AED 51.1 billion, a 39.91% increase in value on the same month last year. A market update issued today by fäm Properties reveals that last month’s total of 16,099 transactions also represented a 35.5% increase in volume over February 2024, making it one of the best ever months on record. Data from DXBinteract shows that villa sales totalling AED18.8 billion climbed dramatically by 99.7% to 3,679 compared with February last year, while plot sales worth AED9.6 billion also soared in volume by 74.7% to 608. Apartment sales worth
Dubai Land Department Recognises Women’s Achievements In Real Estate At The ‘She Pioneers’ Event
As part of its ongoing efforts to empower women in the real estate sector, Dubai Land Department (DLD) organised the ‘She Pioneers’ event, celebratingwomen’s outstanding achievements while reinforcing their key role in driving sustainable growth and increasing female investment in the real estate market. The event was attended by Her Highness Sheikha Latifa bint Hamdan Al Maktoum, Sheikha Shamsa bint Hasher Al Maktoum, Her Excellency Hessa Bint Essa Buhumaid, Director General of the Community Development Authority (CDA) in Dubai, and Majida Ali Rashid, CEO of the Real Estate Development Sector at Dubai Land Department, along with a number of officials, businesswomen,
Dubai’s Luxury Real Estate Sees 30% Growth From Chinese And Russian Investors
As Dubai continues to solidify its position as a global investment hub, the BRICS Factor—the expanding economic collaboration among Brazil, Russia, India, China, and South Africa—has become a key driver of foreign capital inflows. According to the Elite Merit Real Estate analytics, Chinese and Russian investors, in particular, are poised to dominate Dubai's luxury property market, capitalizing on the city's favorable tax policies, world-class infrastructure, and geopolitical stability. Key Insights: Surge in Investment from China and Russia: Recent data indicates that Chinese and Russian investors are set to increase their share of Dubai's real estate market by over 30% in 2025. In particular, Chinese nationals
QUBE Development And Dubai Land Department Sign Strategic Agreement To Empower Emirati Real Estate Brokers
QUBE Development has signed a strategic partnership agreement with the Dubai Land Department (DLD) to empower Emirati real estate brokers, reinforcing their role in Dubai’s dynamic real estate sector. This landmark collaboration underscores both entities’ commitment to fostering local talent and enhancing the competitiveness of one of Dubai’s most vital economic sectors. As part of this initiative, QUBE Development is dedicating a significant portion of its inventory to be marketed by Emirati real estate brokers. Recognizing the immense value of local talent, the company is committed to fostering meaningful partnerships with Emirati professionals to drive industry growth. “Our partnership with the Dubai
DHG Properties Expands Dubai Portfolio With Third Landmark Residential Project On Dubai Islands
DHG Properties, operating within Swiss real estate and construction group DHG Holding, has announced the acquisition of a prime land plot on Dubai Islands, marking its third residential project in Dubai and its second major investment since the start of 2025. The new development will feature approximately 100 premium apartments across 11 floors, with a built-up area of 14,500 m², offering modern living spaces with complementary amenities. The project's value stands at AED 260 million. Dubai Islands, formerly known as Palm Deira, a visionary waterfront destination, is rapidly emerging as a premier real estate hotspot. Strategically positioned to offer seamless connectivity to Dubai's central districts, the island is
ZāZEN Properties Enhances Tenant And Landlord Experience With Keyper’s Smart Solutions
ZāZEN Properties, a leading sustainable and award-winning real estate developer in the UAE, has announced a strategic partnership with Keyper, Dubai’s leading proptech company, marking Keyper’s first collaboration with a developer to enhance the property rental and management experience for landlords and tenants across its developments. This collaboration will see ZāZEN integrate Keyper’s cutting-edge property management solutions into its residential communities, streamlining rental payments, tenant management, and maintenance processes through a seamless digital experience. The partnership aligns with ZāZEN’s commitment to delivering modern, tech-enabled living spaces that redefine urban living in Dubai. Dubai's proptech sector has experienced remarkable growth, with the UAE's