February 2025

Dubai real estate sector recorded $4.9bn of transactions last week, including $9m canal-side apartment

Dubai Real Estate Sector Records $4.9bn in Transactions Last Week Dubai’s real estate market registered AED17.95bn ($4.9bn) in transactions last week, according to data from the Land Department. Sales transactions accounted for the majority, totaling AED12.6bn ($3.4bn), as per Land Department records. Between February 17 and February 21, a total of 3,450 sales transactions were recorded. Dubai...

Wealthy buyers race for Dubai ultra-luxury homes amid supply squeeze

Dubai’s luxury real estate market is set for continued growth, with prices in prime areas expected to stay strong or rise further due to the limited availability of ultra-luxury properties. Demand for high-end homes, including prime and waterfront residences, saw a major resurgence in early 2025, with affluent buyers actively acquiring multi-million-dollar properties and land assets, according to...

Binghatti Holding delivers record revenue of $1.72bn as sales double

In a year marked by 16 new project launches, net profit soared 152% to $500 million, while the revenue backlog tripled to $2.72 billion. Driven by strong demand for luxury properties and successful project launches, Binghatti Holding reported its highest-ever annual sales, reaching AED 11.6 billion ($3.16 billion) in 2024—an increase of 161%. Total revenue surged nearly 200% to AED 6.3 billion...

What are the top five changes driving the property market in 2025?

Balancing affordability, quality, accessibility, and investor demand is a complex task, but these five measures mark a positive step for Dubai’s rapidly expanding real estate market. Dubai’s property sector has undergone key transformations since the beginning of the year. The city's popularity remains strong, with optimism surrounding both short- and long-term prospects. Enhancements to the...

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