Home sales in Dubai’s real estate market have surpassed the 50,000 mark in a quarter for the first time. Knight Frank data shows that 51,000 residential transactions were completed in the second quarter of 2025. End users will be involved in a significant portion of these transactions, and by launching the “first home” campaign early this month, Dubai hopes to increase demand from them in the...
The UAE luxury real estate developer reported total sales of AED 8.8 billion, up 60 per cent year-on-year, whilst revenue climbed 189 per cent to AED 6.3 billion. The company’s revenue backlog reached AED 12.5 billion as of June 30, 2025, compared to AED 6.6 billion in the previous year. Muhammad BinGhatti, Chairman of Binghatti Holding Ltd, said in a statement: “The first half of 2025 has been a...
Dubai Intensifies Crackdown on Illegal Subletting Amid Rising Rents Ongoing inspections by Dubai Municipality have made it more difficult for illegal subletting practices to go unnoticed. Subletting or dividing a rental property in Dubai without formal consent from the landlord and approval from authorities is a violation of local regulations. Despite this, the practice remains prevalent in certain...
Sheikh Mohammed Issues Law to Resolve Citizen Housing Contract Disputes in Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has enacted a new law focused on resolving disputes related to citizen housing construction contracts in Dubai. This initiative is designed to strengthen social stability and improve the quality of life for...
Compare listings
Compare