Real Estate

Dubai office sales hit $762m in Q1 as off-plan transactions surge 741%

Q1 2025 Office Market Snapshot Total sales: AED 2.8 billion (~$762 million) across 933 transactions This represents an 83% increase in sales value and a 24% rise in transaction volume vs Q1 2024 Off‑Plan Boom Off‑plan sales soared 741%, hitting AED 800 million ($218 m), up from AED 100 million ($27 m) in Q1 2024 Off‑plan deals comprised 18% of...

Jumeirah Bay Island property prices jump 24%, says new report

Jumeirah Bay Island – 24% Price Surge in H1 2025 Key Data & Rankings Average price per sq ft jumped 24%, rising from AED 3,313 in 2024 to AED 4,122 in 2025 (first half) Among major coastal communities: Palm Jumeirah: +5% (AED 3,483 → AED 3,668) Bluewaters Island: +3% (to AED 4,904) Jumeirah Beach Residence (JBR): +3% (to AED 2,294)...

Property market shows strength as stock index hits 17-year high

Market Snapshot Dubai’s main stock index surged over 25% year-to-date, reaching its highest level in 17 years by May 2025. Residential property strength: Global investors are flocking to Dubai, energizing the residential real estate market. Key Growth Drivers GDP & diversification: Dubai’s GDP grew by 5–6% in 2025. Non-oil sectors now contribute over 70% of the...

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