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...
According to a research released on Tuesday, Dubai has solidified its standing as one of the best-performing premier residential markets globally, registering strong growth in capital value over the first half of 2025. Capital prices for prime properties in the emirate increased by more than 5% in H1 2025, according to Savills’ most recent World Cities Prime Residential Index. This increase was fueled...
Dubai’s residential market remained resilient in the first half of 2025, although off-plan sales transactions reflected a decline after an industry boom at the end of last year, a report says. The slowdown was largely influenced by factors such as seasonality and a slower rate of new project launches, according to Cavendish Maxwell’s latest report. Despite the dip, off-plan properties continue to...
A buyer and a developer enter into a Sale Purchase Agreement, which includes clauses regarding the price, completion date, compensation for breaches, and force majeure terms Question: I am considering purchasing an off-plan property in Dubai. If the developer fails to deliver as promised, what legal recourse do I have? Answer: In Dubai, a purchaser and a developer (seller) enter into a Sale...
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