News

Dubai International Financial Centre (DIFC) has unveiled The Residences, the first residential development to be launched within the first phase (Phase A) of the newly announced DIFC Zabeel District. The landmark development marks a defining moment in the evolution of DIFC as a fully integrated urban destination. As the first residential development within the Zabeel District, The Residences reflects the meticulous standards for which DIFC is globally recognised, defined by enduring quality and thoughtful design. Developed and overseen by DIFC Developments, the development introduces a refined residential offering that seamlessly integrates work, wellbeing and culture, creating a destination where professional excellence and

Dubai's residential property market entered 2026 with rising transaction volumes and renewed buyer activity. The trend was underpinned by sustained demand for mid-market homes and continued investor participation, according to January data from betterhomes. Residential sales reached AED 55.2 billion (USD 15.0 billion) across 15,764 transactions in January, following a strong close to 2025. Sales value rose 18.7% month-on-month, while transaction volumes increased 8.9%, supported by steady demand and broadly stable pricing. Average sale prices stood at AED 1,924 per square foot, reflecting a marginal 0.25% month-on-month change. Off-plan properties accounted for 67% of transactions, with apartments dominating overall activity. One-bedroom units

With the endorsement and backing of Dubai Land Department (DLD) and Dubai Technology Entrepreneurship Campus (Dtec), Second Century Ventures, the strategic investment arm of the National Association of Realtors® and the world's most active global real estate technology fund, is proud to announce the start of the 2026 REACH MENA programme. The inaugural cohort includes innovative proptech companies from the UAE, Saudi Arabia and India, who marked the accelerator's launch with booth presentations at PropTech Connect, one of the world's largest real estate exhibitions. The programme has been specifically designed to support the wider goals of the UAE Digital Economy Strategy,

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

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 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, 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, 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,

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 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