Dubai real estate sector recorded new historic highs in sales during the current month of May, marking the highest ever monthly sales value at AED 66.9 billion (USD 18.22 billion). This came from a total of 18,654 real estate transactions across various property types, surpassing the previous record set in
Fitch Ratings, in a report released on Thursday, forecasted that Dubai’s real estate prices are expected to decline by more than 10% during the second half of 2025 and into 2026, following several years of record growth. This marks a sharp shift after a boom period that followed the COVID-19
Dubai Land Department has launched the region’s first tokenized real estate project through the “PrYpco Mint” platform, in partnership with PrYpco Holding, and in collaboration with the Virtual Assets Regulatory Authority (VARA), the Central Bank of the UAE, and Dubai Future Foundation via the Real Estate Sandbox initiative. The main
Dubai real estate market, which has seen a 70% surge in prices over the past four years, is now attracting a new wave of investors from Wall Street. Brookfield Corp is currently exploring the development of a mixed-use residential project in the Dubai Hills area, which would mark its first
Recently, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, Chairman of the Executive Council of the Emirate of Dubai, and Chairman of the Supreme Committee for Future Technology and Digital Economy, directed the launch of the Dubai Center for PropTech
Dubai real estate market has kicked off the new year with strong performance, driven by sustained demand from a growing population and increasing investor interest. According to research conducted by Emirates NBD Bank, demand rose by 19% on a monthly basis and by more than 55% year-on-year. This marks the