2024

Dubai's real estate sector delivers stronger returns than London and New York, driven by rising prices, investor-friendly policies, and a future-ready market that attracts homebuyers and speculators. With an average sale price of $438 per square foot, Dubai offers exceptional value compared to London and New York. Despite its reputation for luxury and top-tier amenities, Dubai's property market...

Palm Jumeirah and Jumeirah Bay Island are the preferred locations for ultra-high-net-worth individuals (UHNWIs) in Dubai, representing 48% of all transactions valued at AED50M ($13.6M) or higher during the first ten months of 2024, according to Metropolitan Premium Properties (MPP). Other notable areas include Mohammed Bin Rashid City, Tilal Al Ghaf, and Dubai Hills Estate. Dubai’s super-luxury...

The Dubai real estate sector recorded transactions worth AED16.55bn ($4.5bn) last week, as per Land Department data. Sales accounted for AED9.29bn ($2.5bn) of the total, with 3,161 sales transactions recorded between November 18 and November 22. High-value sales included: An apartment in the Dorchester Collection sold for AED91.35m ($24.9m). Two offices in Enara by Omniyat sold for AED83.8m...

Dubai’s real estate market has recorded over 188,000 transactions, exceeding AED 625bn ($170.2bn) in value this year, according to Dubai Land Department (DLD) data. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of Dubai’s Executive Council, reviewed the operations of the DLD. He also assessed progress toward the...