The Roads and Transport Authority (RTA) has signed a Memorandum of Understanding (MoU) with the Dubai Land Department (DLD) to foster greater integration across mobility, real estate, and logistics services. The agreement aims to enable data exchange and co-develop unified digital services that are secure, user-friendly, and efficient, fully aligned with the Dubai Government’s vision of delivering customer-centric public services. The overall aim is to enhance the quality of life across the emirate in accordance with leading local, regional, and global best practices. The MoU was signed at RTA’s headquarters in the presence of Ahmed Mahboob, CEO of Licensing Agency, RTA, and

In a landmark initiative set to transform Dubai’s real estate landscape, Dubai Land Department (DLD) and the Dubai Department of Economy and Tourism (DET) have launched the First-Time Home Buyer Programme. Designed to make homeownership more accessible and financially affordable for Emiratis and expatriates, the programme offers priority access to new launches, preferential pricing, and tailored mortgage solutions. It aligns with the Dubai Real Estate Strategy 2033 objectives to raise homeownership rates and double the sector’s contribution to Dubai’s GDP. The First-Time Home Buyer Programme was officially launched on 2 July during a press conference at Dubai Land Department attended by

The Dubai real estate market has continued on its record-breaking path, with the first half of 2025 reaching new highs of 98,603 property sales worth AED 326.7 billion. A market update issued today by fäm Properties reveals that the H1 sales value rose 40% year-on-year, driven by the strongest-ever quarterly performance of 53,118 transactions worth AED 184 billion in Q2. The Q2 sales value was 25% higher than the previous peak of AED 147.2 billion set in Q4 2024, while transaction volume rose 5.39% above the earlier high of 50,400 deals recorded in Q3 last year. Data from DXBinteract shows Q2 increases in

Business Bay recorded over AED 4.5 billion in off-plan real estate sales with more than 1,900 transactions in Q2 2025, reinforcing its status as one of Dubai's most vibrant and in-demand residential and investment destinations. The data reflects growing investor confidence in Business Bay's unique blend of central location, skyline living, and high-performing returns. The surge in demand comes as Dubai's real estate market posted a record AED 66.8 billion in total sales across 18,700 transactions in May, marking a 44% increase in value and a 6% rise in volume compared to the same period last year. Business Bay played a

After the successful launch of REEF 1000 and REEF 999, REEF Luxury Developments – a pioneer in innovative real estate solutions, has unveiled the AED 450 million ($122.5 million) REEF 998 project, an architecturally advanced residential community. Spanning an impressive 355,663 square feet, REEF 998 sets a new benchmark in architectural excellence and contemporary living. Handover of REEF 998 is scheduled for Q2 2028. REEF 998 offers 323 residences ranging from stylish studios to spacious 3-bedroom apartments. Each unit features REEF's region-first patented outdoor cooling technology and the Sunken Balconies, ensuring year-round outdoor living comfort. "These elegant homes in DLRC are long-term

A series of international roadshows conducted over the past 12 months by Dubai-based developer Object 1 has revealed rising global interest in the emirate’s real estate market. With more than 100 events held across key regions including Europe, Asia, Africa, and America, the initiative has uncovered important trends around investor motivations, priorities, and market shifts as global appetite for Dubai property continues to grow. Some of the key decision-making factors among investors included the potential for strong ROI, flexible payment plans, high-quality furnishing, and access to modern amenities and smart home technology. Strong demand was observed from investors in Iran, Turkey, and

Driven | Forbes Global Properties has officially opened the doors to its new headquarters in Downtown Dubai, just steps from Burj Khalifa. Spanning 43,000 square feet across two floors, the space is now the largest real estate office in the city, a reflection of the company’s growth and evolution in recent years. The move follows its landmark AED 505 million acquisition of Emaar Square Building 3 in November last year. The new headquarters underscores the company’s long-term vision for the UAE market. As Dubai continues to evolve as a global real estate hub, Driven Properties is positioning itself at the forefront

Binghatti Holding Ltd (“Binghatti Holding”), one of the UAE’s leading luxury real estate developers, announces the launch of Binghatti Capital Limited (“Binghatti Capital”), a Dubai International Financial Centre (DIFC) based asset management firm with plans to target the management of about USD1 billion in Shariah-compliant private credit and real estate strategies. Binghatti Capital has been authorized by the Dubai Financial Services Authority, the independent regulator for financial services conducted in or from DIFC, the leading financial centre in the Middle East, Africa and South-East Asia region. Binghatti Capital is licensed to engage only with professional clients. Within Binghatti Capital’s real estate strategy,

Palma Development, one of the pioneering developers in the UAE real estate industry, has announced the appointment of APCC Piling & Marine Contracting to commence shoring and piling works at West Residence, the first residential tower within Serenia District, its AED 5 billion master-planned community located in Jumeirah Islands. Spanning more than 600,000 sq. ft. of land with a total built-up area of 3.5 million sq. ft., Serenia District will be delivered in phases and will comprise six distinct towers integrated around an immersive lifestyle offering. Residents will benefit from a dedicated lifestyle building, the Serenia Signature Clubhouse, an amenity-rich podium level, the Serenity Lake, and extensive landscaping that promotes wellness, leisure, and community connection. Designed by Nikken Sekkei, Japan’s leading architectural firm

Dubai Holding, a diversified global investment company with investments in more than 30 countries, and Select Group, a leading multi-discipline real estate development and investment group along with its long-standing JV partner Emirates Strategic Investments Company LLC (ESIC), have entered a strategic agreement to develop landmark projects at two of the most iconic locations in Dubai – Palm Jebel Ali and Dubai Design District (d3). The milestone agreement marks Dubai Holding’s first strategic land sale with a third-party developer at Palm Jebel Ali, underscoring its commitment to unlocking long-term value across its world-class master developments. This landmark transaction reinforces a shared