News

Market activity rebounds faster than expected Online property searches in Dubai have surpassed pre-conflict levels and now sit 5% above the full-year 2025 baseline, according to data shared at betterhomes' fourth monthly market webinar, a signal that buyer demand is building even as transaction volumes remain subdued. betterhomes recorded transaction values up more than 60% month-on-month in May, with volumes holding flat despite Eid shortening the month to roughly three trading weeks. DLD data for the same period showed overall secondary sales volumes down 25%, with apartments down 18% and villas and townhouses down 44%, reflecting the same shortened period rather than

Dubai Holding Real Estate, one of Dubai’s largest integrated master developers, has partnered with Commercial Bank of Dubai (CBD) to launch a new home financing programme for eligible customers purchasing properties across Nakheel, Meraas and Dubai Properties. The programme is available to UAE Nationals and UAE residents, including salaried and self-employed buyers purchasing (qualified) off-plan and completed villas and apartments across Dubai Holding Real Estate’s portfolio. It has been designed to provide a smoother and more transparent route to ownership, with preferential rates, attractive fee structures, faster digital onboarding, dedicated relationship management and access to selected premium banking benefits. The programme offers

Time Homes Real Estate has opened a new office in Jumeirah Village Circle (JVC), Dubai, marking another important step in the company’s continued expansion across key areas of the city. The new branch strengthens the company’s on-ground presence in one of Dubai’s active residential and investment communities, giving buyers, investors, landlords, sellers, and tenants easier access to professional real estate support. With an established office in Al Barsha and a new branch in JVC, Time Homes Real Estate is expanding its reach across Dubai’s key residential and investment communities. The JVC office is designed to bring the company closer to clients

Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate,hosted a delegation from Dubai Land Department (DLD) for an in-depth engagement aimed at providing a comprehensive overview of Dubai South’s integrated ecosystem and ongoing developments. The visit commenced with a workshop that highlighted Dubai South’s world-class infrastructure, master-planned districts, and the latest projects by Dubai South Properties. It also provided insights into Dubai South’s strategic role in supporting Dubai’s urban development ambitions and cementing its position as a leading destination for living, business, aviation, and logistics. Following the workshop, the delegation toured several key locations across Dubai South,

Majid Al Futtaim, leading developer of shopping malls, communities, retail and leisure destinations across the Middle East, Africa and Central Asia, has awarded an AED 2 billion contract to Engineering Contracting Company L.L.C. (ECC) as the main contractor for Capria East and Capria West, including Maravelle Residences, at Ghaf Woods. The appointment marks a major construction milestone for Ghaf Woods, Dubai’s first forest living community, and reinforces Majid Al Futtaim’s commitment to delivering sustainable, wellness-led destinations that bring together contemporary luxury living and nature-connected design. Designed around the principles of eco-luxury and wellbeing, Capria East and Capria West will offer a premium selection of

The Federal Tax Authority (FTA) has launched a new initiative to expand the scope of expenses eligible for VAT refunds for UAE nationals constructing new residences, allowing citizens to claim refunds on an additional range of construction costs. This move aligns with the UAE leadership’s directives, coinciding with the Year of Family and supporting family growth and cohesion. Expanding the scope of eligible expenses is expected to yield an estimated AED 200 million in VAT savings for UAE nationals, averaging AED 25,000 approximately per claim. This highlights the initiative’s role in supporting home ownership and alleviating the financial burden on families The

Dubai Land Department (DLD), in partnership with the Dubai Department of Economy and Tourism (DET), has announced that the First-Time Home Buyer Programme, available to all UAE residents aged 18 and above who do not currently own a freehold residential property in Dubai. It has enabled more than 3,200 residents to own their first homes in the emirate since its launch in July 2025, generating residential property transactions exceeding AED5 billion. Within less than a year of its launch, the programme attracted thousands of UAE residents, demonstrating its growing impact in promoting homeownership and supporting Dubai’s continued development as a leading global

Blanket, a UAE-born estate planning platform built for expats and cross-border lives, has officially launched in the UAE, offering residents a simpler, clearer and more affordable way to put the right protection in place for their families, assets and wishes. Created by Anton Pirinen, a lawyer and part of the founding team at Wio bank, Blanket was built to address the reality of modern expat life, where families, finances and responsibilities often sit across more than one country. Bringing together legal expertise, fintech experience and product-led thinking, the platform gives expats a more accessible route into estate planning, with wills and

Dubai’s office market secured AED8.2 billion worth of sales in Q1 2026 – a year-on-year rise of 203% and nearly 73% higher than the previous quarter, according to leading real estate advisory and property consultancy, Cavendish Maxwell. Transactions rose by almost 75% to reach 1,600 between January and March, with the off-plan sector driving activity and overtaking ready transactions for the first time since Q3 2010, more than 15 years ago, the company said. Off-plan sales values hit AED6.4 billion, an increase of more than 760% compared to Q1 2025 and a quarter-on-quarter hike of over 165%. The sector recorded around

The UAE remains one of the world’s most attractive real estate investment destinations in spite of the recent regional challenges, according to a new global survey commissioned by Arada. Arada’sUAE Property Investment Index, which was conducted by US-based Penta Group, ranked the country as the top investment destination, with 56% of global investors expressing serious interest in the UAE’s property market, more than any other market surveyed, and ahead of the United States (54%), the United Kingdom (41%), France (28%) and Spain (27%). Conducted between 1 April to 23 April across 12 key markets, the survey of 689 established property investors is