The Dubai real estate market continued along its upward path in July, producing the highest number of property transactions this year, and the second-best monthly sales performance on record in terms of value and volume. A market update issued today by fäm Properties reveals that last month brought a total of 20,304 property sales - a 24.9% YoY increase – worth a total of AED65 billion, a 29.5% leap in value on the same month last year. Apartment sales showed a 28.1% YoY growth to 16,272 deals valued at AED32.2 billion, while the biggest sector leap saw commercial property transactions rise by

Dubai’s real estate sector continues to strengthen its position as one of the key pillars of the emirate’s economic growth, recording steady performance and results that reflect the market’s resilience and diversity of investment opportunities. According to data from the Dubai Land Department (DLD), the first half of 2025 saw the completion of 24 real estate projects valued at AED4.5 billion. This momentum is part of a wider growth trajectory, with 726 projects currently under construction across the emirate, underscoring sustained demand from both developers and investors. The surge in ongoing development also indicates the accelerated pace of project delivery to

BEYOND Developments, the forward-thinking real estate brand shaping lifestyle destinations by the sea, has unveiled PASSO, a sculptural waterfront development located on the prestigious West Crescent of Palm Jumeirah. As BEYOND’s first flagship beyond its masterplan in Dubai Maritime City, PASSO marks a defining milestone in the company’s strategic growthto one of the world’s most iconic and desirable destinations. The project launched with a spectacular Palm Jumeirah event featuring Dubai’s first-ever “screens in the sky” show, a 13-minute performance with over 4,000 drones blending immersive visuals and live stage action. Comprising two sculptural towers, Avita and Bella, PASSO offers 625 residences in a

Binghatti Holding Ltd (“Binghatti Holding”), one of the UAE’s fastest growing real estate developers, has successfully priced a USD 500 million 5-year Senior Unsecured Sukuk under its USD 1.5 billion Trust Certificate Issuance Programme, a transaction that was oversubscribed by 5 times. The Regulation S Sukuk issuance attracted strong regional and international investor demand, with an order book exceeding USD 2.5 billion. The sukuk was priced with a profit rate of 8.125%, equivalent to a spread of  418 basis points over the prevailing 5-year US Treasury yield, and given the strong levels of demand the issuance saw significant tightening from its

Azizi Developments, a leading private developer in the UAE, has announced that construction at Beach Oasis -its vibrant mixed-use community in the dynamic, rapidly growing Dubai Studio City -has reached 94% completion. The project is progressing as scheduled, with its handover set for Q3 2025. Structural, blockwork, and internal plastering works have all been completed, while tiling, HVAC, and MEP activities now stand at 94%, 99%, and 94% respectively. Façade and swimming pool works are nearing completion at 98% and 88%, with overall finishes at 90%. Elevator installations have reached 71%, and external procedures are progressing steadily at 44%. A total

Addressing recent speculation in the press about Roberto Cavalli, the owners of DAMAC Group have given a clear assurance about the future of the business. A DAMAC Group spokesperson said: “Since acquiring the Roberto Cavalli business in 2019, DAMAC have invested significantly in the growth and success of the company. Roberto Cavalli is not for sale. As before, we remain interested in strategic partners who can add value to the business.” Roberto Cavalli Founded in 1970, Roberto Cavalli is a leading Italian brand in fashion, accessories and luxury lifestyle.Defined by a glamorous contemporary aesthetic, the brand is the quintessential expression of Italian excellence, craftsmanship

Ellington Properties, Dubai’s leading and award-winning design-led real estate developer, is expanding its footprint into Dubai South, a fast-growing hub for innovation, connectivity, and community-centric living. This strategic move underscores Ellington’s confidence in the area’s long-term potential and marks the company’s first development in the district with the launch of Windsor House. Dubai South is quickly emerging as a key player in Dubai’s urban evolution. Anchored by the expansion of Al Maktoum International Airport, set to become the world’s largest, and the transformation of Expo City Dubai into a global hub for sustainability and innovation, the district is primed for significant economic and lifestyle growth. With

Sikanta Developments – one of Dubai's emerging real estate innovators – has announced the launch of its flagship project, Myra Residences, a distinctive collection of 64 premium homes nestled in the heart of Dubai South. Blending elegance, comfort, and a strong sense of community, Myra sets a new benchmark in boutique living, offering a thoughtfully curated mix of studios, one-bedroom, and two-bedroom residences, designed to elevate everyday life through architectural finesse and lush surroundings. Every detail at Myra has been shaped with purpose – from interconnected swimming pools and tropical landscaping to beautifully designed living spaces by renowned architects. This modern sanctuary

Union Properties PJSC (“Union Properties” or “the Company”) (DFM: UPP) today announced its financial results for the second quarter of 2025, showcasing continued momentum in its transformation journey and solid progress across key operational and financial indicators. The Company reported AED 152.4 million in gross revenue for Q2 2025, representing a 19% year-on-year increase from AED 128 million in Q2 2024. Gross profit surged to AED 32.9 million, up 77.84% compared to the same period last year, reflecting improved operational efficiency and margin recovery. For the first half of 2025, Union Properties recorded AED 316 million in total revenue, up from AED

Leading developer, Fakhruddin Properties, is gearing up to announce the launch of their latest residential project Maimoon Gardens with sustainability being the core focus while making a comeback into the Dubai Real estate market. With a promise of cleanest air in Dubai for its homeowners. Using a NASA based technology, the developer will lay key emphases on Indoor Air Quality of the highest standards in each apartment, Special Smart Home Automations and Optimized Designs for an overall cleaner and healthier lifestyle with some world class amenities. This soon to be announced project will be nestled at the prime location of JVC in