Dubai Sotheby’s International Realty sells a Palm Jumeirah villa for AED 161m ($43.8m), the year’s most expensive secondary villa and second-highest per sq ft price Dubai’s prime property market has recorded another milestone, with Dubai Sotheby’s International Realty closing the most expensive secondary villa sale on Palm Jumeirah this year for AED161m ($43.8m). The...
OMNIYAT’s LUMENA tower in Dubai has sold out in less than three months, achieving record AED3.4bn ($925m) sales Dubai real estate developer OMNIYAT has announced that its LUMENA tower is now fully sold out, just two months after its launch on June 18, 2025. The ultra-luxury commercial office tower, located on Sheikh Zayed Road in the Burj Khalifa district, achieved Business Bay’s highest...
Dubai property sales jumped 40% in H1 2025 to AED326.6bn ($89bn), reinforcing the emirate’s status as a global magnet for real estate investors The real estate sector in Dubai and across the UAE has maintained its strong momentum in 2025, supported by the resilience of both oil and non-oil sectors and a surge in foreign investment inflows. Growth has been recorded across all segments...
Due to the city’s increasing international appeal as a destination for investment, Dubai’s real estate market resumed its record-breaking run in 2025, with sales in the first eight months hitting their highest level ever. Real estate sales from January to August came to Dh441.22 billion ($120 billion), up 33.7 percent from Dh330 billion in the same period previous year, according to figures from the...
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