Palm Jebel Ali Overtakes Palm Jumeirah As Dubai’s Top Ultra-Luxury Property Market
Dubai’s ultra-luxury residential real estate market recorded another standout year in 2025, with 2,489 homes sold for more than AED 20 million, highlighting the city’s continued appeal to ultra-high-net-worth individuals from around the world, according to Penthouse.ae. Data from Property Monitor show off-plan properties accounted for 64% (1,604) of these transactions, while ready properties made up the remaining 36% (885). The figures point to growing confidence among buyers in Dubai’s next wave of ultra-prime developments. Palm Jebel Ali emerged as the strongest-performing ultra-luxury location of the year, accounting for 21% of all transactions above AED 20 million. A total of 517 ultra-luxury
Dubai’s Real Estate Market Opens 2026 With Its Highest Ever Monthly Sales Of AED 72.4 bn, Led By Primary Demand
Property Finder, the MENA region’s leading property portal, reports a record-breaking start to the year for Dubai’s property market, with a total transaction value increase of 63% year-on-year, hitting AED 72.4 bn - the highest in the emirate’s history - driven by a 90% surge in the primary market, supported by a 38% increase in secondary market values. In terms of total transaction volumes, a 23% year-on-year increase was recorded, fueled by a 42% rise in primary transaction volumes, offsetting a slight drop of 1% in secondary volumes. January starts strongly with rising off-plan demand Off-plan demand in the primary market continues
Tasmeer Indigo Properties Launches SquareX One, Marks Commencement Of Construction In Jumeirah Village Circle
Tasmeer Indigo Properties has officially unveiled SquareX One, its latest residential development in Jumeirah Village Circle (JVC), and marked the commencement of construction with a ground-breaking ceremony held on site. The milestone follows the strong market response and near sell-out success of the company's debut project, SquareX Residence, signalling Tasmeer Indigo's transition from concept-led development to execution-focused delivery . Sales for SquareX One are currently underway, supported by a fully operational escrow account, reinforcing the developer's commitment to transparency, regulatory compliance, and investor protection. Enabling works have commenced, with project completion targeted for March 2028, reflecting disciplined construction planning and a
Azizi Developments To Sponsor Dubai Racing Carnival Meeting At Meydan
Azizi Developments, a leading private developer in the UAE, is sponsoring the Dubai Racing Carnival meeting at Meydan Racecourse taking place this evening, Friday, 6 February, supporting an eight-race card that brings together top-class international racing on both turf and dirt. This evening’s programme features the Lord Glitters Handicap, named in recognition of a former Meydan favourite, and the Dubai Trophy for three-year-olds, which was won in 2024 by the Charlie Appleby-trained Symbol of Honour. Alongside these feature races, the card includes four dirt contests, offering a varied and competitive night of racing at one of the world’s most prestigious venues. Mr.
Al Barari Breaks Ground On The Cape, The Final Chapter Of A Legacy
Al Barari, Dubai’s pioneering nature-led community, has officially marked the groundbreaking of The Cape, its final signature residential development, celebrating two decades of visionary craftsmanship and a continued commitment to creating harmonious living environments rooted in nature. The milestone ceremony signals the beginning of a landmark chapter for Al Barari, as The Cape represents the culmination of a 20-year legacy defined by intentional design, wellbeing-focused living, and immersive natural landscapes. Located within Dubai’s green heart, The Cape introduces an enriched lifestyle experience surrounded by lush botanical settings, gentle water features, and curated wellness spaces. Residents will enjoy resort-style amenities including a swimming pool,
Dubai’s Record Real Estate Day Signals A Market Built On Depth
When Dubai’s real estate market recorded AED 15.6 billion in transactions in a single day, it was more than a headline-grabbing statistic. It was a clear signal of how far the market has evolved and how structurally resilient it has become. According to data released by the Dubai Land Department, Monday, 26 January marked the highest single-day real estate transaction value in the history of the emirate, achieved through 1,501 transactions in one day. Of this total, AED 11.4 billion came from sales alone, spanning land, residential units, and buildings, alongside substantial mortgage and gift transactions. These figures point to a
Land Prices Set To Fall Or Off-Plan Prices To Rise As 2026 Becomes Pivotal Year For Dubai Real Estate
Land prices will need to adjust or off-plan prices will rise as 2026 shapes up to be a decisive year for Dubai’s real estate market, according to one of the city’s leading property experts. Firas Al Msaddi, CEO of fäm Properties, expects a clear reduction in new project launches this year, alongside a rise in completed homes entering the market, as developers face growing pressure on profitability and cash flow. “Land prices in Dubai are at historic highs, and developer profitability depends far more on how quickly units sell than on headline margins,” said Al Msaddi. “Sales velocity is becoming the key
Dubai Land Department Enriches PropTech Connect 2026 With Strategic Discussions On Innovation, Governance, And The Future Of Real Estate Investment
The activities of PropTech Connect Middle East 2026 officially kicked off today, Wednesday, under the organisation and supervision of Dubai Land Department (DLD), marking a strategic step that reflects its efforts to implement the vision of the wise leadership and the strategic directions of Dubai and the UAE to reinforce the emirate’s position as a global hub for real estate technology, accelerate digital transformation in the real estate sector, and align with the objectives of the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033. The launch of the event was marked by the presence of senior government leaders,
Ora Developers Partners With Fintech Unicorn Yubi To Revolutionize Home Financing Through AI And Innovation
Ora Developers, a premier name in luxury real estate, today signed a Memorandum of Understanding (MoU) with Yubi, a global fintech unicorn. This collaboration marks a significant shift in the UAE real estate market, moving from traditional manual financing to a high-tech, AI-driven mortgage ecosystem designed to prioritize buyers convenience and speed. Yubi Mortgage’s unified digital interface shall support mortgage seeking customers of Ora Developers by facilitating: AI-Powered Precision & Smart Matchmaking: Yubi’s platform uses to align customer profiles with specific bank mandates of 25+ Lenders, eliminating guesswork and significantly enhancing approval rates. Instant Pre-approval : By automating routine tasks such as document verification,
Manhattan’s Legacy Finds A New Address In Dubai As Art House Hills Launches In Arjan
Following the strong market visibility generated during its soft launch, Arthouse Hills Arjan has now entered its official vision to market phase with the release of pricing, unit mix and payment plan details to buyers and investors following strong market interest. The AED 550 million development brings the creative and design heritage of Arthouse Hotel New York into one of Dubai’s fastest-growing residential districts through a wellness-focused, amenity-rich residential concept. The project marks the third Arthouse-branded residence in Dubai and is being developed by ADAAN DEVELOPMENTS in partnership with Cledor, the UAE’s official Arthouse Brand Partner, alongside Tuscany Real Estate Development LLC. The development is led by Bhaskara Santosh, Development Manager