According to the latest global rankings by the Council on Tall Buildings and Urban Habitat (CTBUH), the UAE has overtaken the United States to claim the second spot globally for the number of supertall skyscrapers—defined as buildings rising over 300 meters. This achievement not only cements the UAE’s place on the global architectural stage but also reflects its broader vision of urban ambition,...
As Dubai pioneers blockchain in property, Dhruva Consultants highlights urgent VAT questions around token classification, rental income, and platform fees Dubai’s real estate market is embracing blockchain innovation—but new questions are emerging about how tokenised property investments will be taxed in the UAE. Dhruva, a leading regional tax advisory firm, is closely analysing the...
Off-plan sales, luxury villas and UK ultra-wealthy buyers drive growth as Dubai strengthens its long-term residential appeal Dubai’s residential real estate market continued its strong trajectory in the first half of 2025, with transaction volumes increasing 23 per cent year-on-year to 91,897 sales across both secondary and off-plan markets, according to a new report from Espace Real...
More than Dh9 million worth of deals through tokenisation have been made in Dubai within a month of selling properties through Prypco Mint, Mena’s first real estate tokenisation platform. According to data shared by Prypco Mint, Indians, Emiratis, Pakistanis, Canadians, Americans, and British topped the list of investors by investment amount. More than 50 nationalities based in the UAE have...
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