Dubai’s luxury real estate market is set for continued growth, with prices in prime areas expected to stay strong or rise further due to the limited availability of ultra-luxury properties. Demand for high-end homes, including prime and waterfront residences, saw a major resurgence in early 2025, with affluent buyers actively acquiring multi-million-dollar properties and land assets, according to...
In a year marked by 16 new project launches, net profit soared 152% to $500 million, while the revenue backlog tripled to $2.72 billion. Driven by strong demand for luxury properties and successful project launches, Binghatti Holding reported its highest-ever annual sales, reaching AED 11.6 billion ($3.16 billion) in 2024—an increase of 161%. Total revenue surged nearly 200% to AED 6.3 billion...
Balancing affordability, quality, accessibility, and investor demand is a complex task, but these five measures mark a positive step for Dubai’s rapidly expanding real estate market. Dubai’s property sector has undergone key transformations since the beginning of the year. The city's popularity remains strong, with optimism surrounding both short- and long-term prospects. Enhancements to the...
The same building recently listed the world's highest residential property, called the “Sky Palace,” for $51 million. Dubai's Burj Khalifa is now offering the world’s highest office space, attracting interest from Gulf family offices and investment funds from the US and Europe. The 6,073-square-foot space is listed for $12.2 million, marking a record year for the city's commercial real estate...
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