A recent global report by Statista projects that residential real estate transactions in the UAE will grow at a compound annual growth rate (CAGR) of 2.66% from 2025 to 2029. This expected growth is attributed to strategic urban development, strong government support, and the UAE’s continued status as a preferred destination for both business and lifestyle, showcasing the sector’s...
Demand for ultra-luxury homes in Dubai is rising steadily, with 1,417 transactions recorded in Q2 2025 for properties priced above Dh15 million. This marks a 67% increase from the previous quarter and a 113% jump compared to Q2 2024, according to new figures from PRIME by Betterhomes. Experts say the numbers indicate a significant change in buyer preferences, with a clear tilt towards...
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...
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