Dubai’s real estate market is set to maintain its upward trajectory in 2025, driven by sustained investor confidence, an expanding luxury segment, and unprecedented commercial demand, according to Engel &Völkers Middle East’s latest report. With strong economic fundamentals, population growth, and strategic government initiatives, Dubai continues to reinforce its position as one of the world’s most attractive real estate investment destinations. In 2024, total residential real estate transactions surged by 40.3% to 170,992 units, more than five times the number recorded in 2020, reflecting the city’s growing appeal to both local and international buyers. The luxury sector remained a key driver of

Amira Sajwani, Managing Director of DAMAC Properties, said that the first half of 2024 saw more than 220,000 people relocating to Dubai, reinforcing the ongoing surge in demand for residential units. “The real estate market in Dubai is experiencing exceptional momentum, with strong demand continuing from both investors and end-users," she said on the sidelines of the launch of "Riverside Views," the company's first project for 2025. Sajwani noted that Dubai has become a global attraction due to its strategic location between Europe and Asia, along with its investor-friendly policies. “The demand for real estate in the UAE is unmatched by other markets.

Artificial Intelligence is one of the most transformative technologies of our time, impacting nearly every industry and shaping the future of work, automation, and decision-making. AI is everywhere, from social media algorithms and self-driving cars to fraud detection and voice assistants. According to Sharad Agarwal, CEO of Cyber Gear, “Automation and AI will replace repetitive jobs but also create new ones. Understanding AI ensures you stay relevant in the workforce, whether in tech, finance, healthcare, marketing, or education.This past week, DeepSeekfrom China, shook up the entire AI industry with the launch of their AI software. Just yesterday, Alibaba dropped Qwen 2.5-Max, claiming

In line with its commitment to strengthening strategic partnerships and acknowledging the pivotal role of its partners in supporting Dubai’s real estate sector, Dubai Land Department organised the 2024 Stakeholders Forum under the theme ‘Shaping Achievements Together.’The forum celebrated and honoured over 120 esteemed stakeholders from the government and private sectors, as well as representatives from the media. The forum represents a significant step toward advancing the strategy for managing relationships with partners, enhancing collaboration and integration among various stakeholders, and contributing to implementing Dubai’s Real Estate Sector Strategy 2033 while supporting sustainable development. This recognition aims to inspire stakeholders to

The latest RICS Global Commercial Property Monitor found that the United Arab Emirates (UAE) is experiencing some of the strongest commercial property market momentum in a decade. Occupier demand across the UAE gained further impetus as the net balance climbed to +67% from an already strong figure of +57% in Q3. Moreover, this embodies the most elevated reading for tenant demand within the UAE since 2014. Meanwhile, the country continues to attract strong interest from foreign investors, with a net balance of +56% respondents reporting growth in investment enquiries from abroad. A respondent in Dubai stated that "the office sector, in particular, is

Azizi Developments, a leading private developer in the UAE, was honored with the prestigious ‘Top Contributing Developer’ award at Dubai Land Department’s Partners Forum. Presented by His Excellency Eng. Marwan Ahmed bin Ghalita, Director General of Dubai Land Department, the award recognizes the company’s efforts in shaping Dubai’s real estate landscape. The forum, held at the Grand Hyatt, Baniyas Hall on January 28, brought together key industry stakeholders to celebrate achievements and foster collaboration in shaping the future of Dubai’s property sector. Commenting on the accolade, Mr. Farhad Azizi, Group CEO of the Azizi group of companies, said: “We are honored to

Union Properties PJSC (“Union Properties” or the “Company”) (DFM symbol: UPP), sold over AED 1.3 billion worth of plots,since the announcement of its 5-year turnaround strategy in April 2023, marking a significant milestone in the Company’sgrowth journey. This impressive sales figure underscores the Company’s success in achieving its declared plans. By leveraging market trends and optimising portfolio performance, Union Properties continues to hit its milestones in accordance with its 5-year strategic plans to create value for its shareholders. Eng. Amer Khansaheb, CEO and Board Member of Union Properties, commented on the achievement, stating: “This landmark achievement is a testament to our commitment to

Dubai’s population at the end of 2024 reached an impressive 3,826,130, reflecting an 8% growth compared to the fourth quarter of 2023. Excluding golden visa holders, whose final numbers are pending release but projected to double from 2022 to 2023, this milestone underscores Dubai’s sustained appeal as a global hub for business, tourism, and investment. Dubai Real Estate Market Report 2024, authored by Laura Adams, Secondary Sales Director at Provident Real Estate, highlights Dubai’s attractiveness to high-net-worth individuals and professionals, reinforcing its position as a leading destination for economic and lifestyle opportunities. Key Drivers of Market Growth Vision 2033 Dubai’s strategic plan aims to

In an exciting development for the UAE real estate market, housez.ae has signed a Memorandum of Agreement with Keyper to integrate its innovative "Rent Now, Pay Later" (RNPL) Calculator into the housez.ae platform. This collaboration aims to provide website visitors with a seamless way to calculate and plan their rental payments, enhancing convenience and accessibility. Transforming the Rental Experience The integration of Keyper’s "Rent Now, Pay Later" Calculator marks a significant step toward improving the rental process for tenants across the UAE. This advanced feature allows renters to explore flexible payment options, making renting more manageable and accessible for a wider audience. With

Innovate Living has revealed the record-breaking sale of Allegra, a 28,154-square-foot villa located on G Frond, Palm Jumeirah. The villa, listed at AED 230 million, solidified the company’s reputation as a leader in delivering contemporary minimalism and understated luxury in Dubai. The extraordinary sale of the villa, facilitated by Sotheby’s International Realty, ranks among Dubai’s most notable property transactions, highlighting the market's growing preference for timeless and sophisticated elegance. Inspired by Southern California’s effortless charm and the breathtaking ocean views of Palm Jumeirah, Allegra is an urban sanctuary that merges the laid-back aesthetics of an LA beach house with the refinement of