Dubai’s luxury villa rental market has grown sharply in value over the first five months of the year, with a decisive shift toward ultra-luxury price brackets, and Palm Jumeirah emerging as the standout location. A fäm Properties market analysis issued today reveals that the annualised value of new rental contracts above AED1 million increased by 27% year-on-year to AED509 million from AED400 million between January and May 2026. The report also shows that the annualised value of renewed tenancy contracts for villas above AED1 million rose by 28% to AED114 million from AED89 million over the same period. Data from DXBinteract reveals that while […]

Mashriq Elite Developments, a Dubai-based property developer, has reported significant construction progress across five residential developments in Dubai as it continues to advance a Dh1 billion+ portfolio comprising more than 1,000 residences across some of the emirate’s fastest-growing communities. Over the past few months, the company has accelerated construction activity across its ongoing developments, including Floarea Grande in Arjan, Floarea Vista in Discovery Gardens, Floarea Oasis in Dubai Land Residential Complex (DLRC), Floarea Skies in Jumeirah Village Circle (JVC), and Floarea Breeze in Dubai Islands. The coordinated progress across multiple sites reflects Mashriq Elite’s disciplined execution strategy and sustained delivery […]

Dubai Land Department (DLD) won the Global Artificial Intelligence Award 2025 – Gold Category, presented by the Dubai Quality Group, in recognition of its pioneering efforts in leveraging artificial intelligence technologies and digital innovation to enhance real estate services, improve operational efficiency, and elevate customer experience. The award reflects DLD’s commitment to advancing digital transformation and strengthening the competitiveness of Dubai’s real estate sector. The award is considered one of the leading initiatives dedicated to recognising organisations that demonstrate excellence in artificial intelligence across both the public and private sectors. Its evaluation criteria are based on international best practices and […]

Dubai’s luxury real estate market continued to attract strong investment in May, with developers recording almost AED5 billion in off-plan sales for homes priced above AED5 million. A market analysis from the Keturah luxury brand today shows villa buyers accounted for AED2.51 billion across 184 transactions, while apartment sales reached AED2.45 billion from 207 deals. The strongest villa activity came in the AED10-20 million bracket, where 60 transactions generated AED834.2 million in developer off-plan sales, with a further 23 deals worth AED746.3 million recorded in the AED20-50 million range. Data from DXBinteract shows that apartment sales were concentrated in the […]

DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has recorded AED 500 million in sales through its latest home ownership campaign, reflecting continued demand for quality homes in Dubai and the city’s enduring appeal as a place to live, invest and build a future. The result underscores sustained buyer appetite in Dubai’s residential market, driven by customers seeking long-term ownership, lifestyle-led communities and the security of investing in one of the world’s most dynamic real estate destinations. The robust response also reflects the growing appeal of Dubai among both end-users and investors, as […]

Meraas, a member of Dubai Holding Real Estate, has been named Developer of the Year, United Arab Emirates, at the Real Estate Asia Awards 2026, recognising its approach to creating design-led destinations that combine distinctive architecture, a considered public realm, and long-term operational performance. The award reflects Meraas’ continued focus on shaping destinations that are planned around people, experience and enduring value. Across its portfolio, the company applies digital tools, advanced analytics, and sustainability principles to improve the way developments are designed, delivered, and operated. Meraas’ development philosophy brings together residential, commercial, leisure, hospitality and public realm components to create […]

Emaar Properties, the force behind some of the world’s most celebrated urban landmarks including Burj Khalifa, Downtown Dubai and Dubai Mall, stands on the threshold of a historic announcement. Shortly, the company will unveil an extraordinary destination in the heart of Dubai, one that is set to become the city’s most iconic urban address and a defining chapter in Dubai’s remarkable story of transformation. An Unprecedented Scale of Ambition With a total development value of AED 200 billion, this forthcoming masterplan will deliver a gross floor area exceeding 4.5 million square metres, encompassing a breathtaking and masterfully curated mix of landmark residential towers, signature villas and […]

Azizi Developments, a leading private developer in the UAE, has ranked first among all developers in Dubai by off-plan sales volume in May 2026, registering 1,601 transactions with a total value of AED 1.46 billion. The milestone highlights the developer’s strong market position, placing it first in terms of units sold and second by total sales value across the emirate during the month. Building on this momentum, Azizi has continued to record strong sales activity into June. Reflecting the strong appeal of its diverse portfolio and its commitment to delivering long-term value for investors, the record-breaking sales month underscores sustained […]

Innovo Group, the leading construction company across the UAE’s built environment, today announced the successful completion and final handover of the highly anticipated Six Senses Residences Palm Jumeirah. Developed by Select Group, the sold-out ultra-luxury development reinforces Innovo’s strategic capability to execute the region’s most architecturally distinctive and engineering-intensive projects. The successful delivery of this flagship project comes at a time when Dubai continues to consolidate its position as a premier destination for global wealth and investment. The fact that the entire development sold out well ahead of completion serves as a powerful indicator of robust international confidence in the […]