Dubai’s residential real estate market continues its strong growth trajectory, with villa prices nearly tripling since the pandemic. While momentum remains solid, recent data indicates that the market is gradually entering a more mature phase as capital gains ease, rental prices stabilise, and ready home transactions slow down.Strong Price Growth, Slowing MomentumThe residential price index for Dubai...
The world’s richest people are packing their bags and moving to new countries at a record pace. In 2024, around 134,000 high-net-worth individuals, those with at least $1 million in liquid assets, relocated to different parts of the world. But that number is expected to grow even more in 2025, with 142,000 millionaires set to make a move. This shift marks the biggest wealth migration wave ever recorded,...
Dubai: Onespace Dubai has officially launched the first-ever business centre on Palm Jumeirah, marking a new milestone for corporate spaces in one of the city’s most iconic destinations.The new 8,000-square-foot facility, located at Golden Mile Galleria, is designed to cater to global corporations, regional headquarters, and high-end project teams. The business centre offers a full suite of professional...
Dubai’s ultra-luxury property market continues its record-breaking run, with home sales above $10 million rising 24% year-on-year to reach $2 billion in the third quarter of 2025.A total of 103 high-end properties were sold during the period, including 17 transactions over $25 million, more than double last year’s count. The average sale value climbed to $19.4 million, reflecting sustained global...
The UAE real estate market achieved historic highs in Q3 2025, with both Dubai and Abu Dhabi posting record-breaking performances led by strong off-plan demand and strategic master developments.According to Property Finder, Abu Dhabi recorded 7,154 transactions worth Dh25.3 billion, marking a 76% year-on-year increase in volume and a 110% rise in value. Residential sales made up 96% of the total, driven by...
Dubai: A prime waterfront plot on the Dubai Water Canal in Business Bay has been sold for a record-breaking Dh362 million, setting a new benchmark for land transactions in the area. The deal highlights the city’s thriving property market and the continued investor confidence in Dubai’s real estate sector. Positioned along the Dubai Water Canal, the corner plot is one of the last remaining canal-front...
In a city known for its skyscrapers, traffic, and non-stop energy, Dubai Motor City stands apart as a pocket of calm. Designed for those who prefer balance over bustle, this master-planned community offers a peaceful lifestyle surrounded by greenery, walkable streets, and everyday convenience. A Neighbourhood Built for Tranquility Life in Motor City moves at a slower, more human pace....
Abu Dhabi is preparing to introduce driverless passenger pods by the end of this year, a move expected to reshape daily commuting and further enhance the city’s real estate appeal.The Urbanloop pods, first deployed at the Paris Olympics in 2024 where they transported over 30,000 passengers, are now being tested on Reem Island. Designed to withstand the UAE’s heat and dust, the pods offer flexible...
Dubai, UAE – The Dubai Rental Disputes Center (RDC) has introduced a significant legal clarification for property owners: buyers are required to pay service charges even before officially taking possession of their property if delays in handover are caused by their own actions.This new principle addresses a long-standing dispute between developers and buyers regarding responsibility for service fees,...
Etihad Rail has announced the launch of a new rail corridor that will enhance the movement of goods across the UAE, with pilot operations scheduled for the fourth quarter of 2025. The initiative aims to streamline customs processes and provide advanced logistics services between key ports and free zones. A preliminary agreement for the ‘Bonded Rail Corridor’ was signed between Etihad Rail, Abu Dhabi...
