Real Estate

Dubai’s office segment played a pivotal role in driving growth, with 2,972 office sales transactions totaling AED 6.5 billion. Dubai’s commercial real estate sector recorded 9,038 sales transactions in 2024, marking a 24% year-on-year (YoY) increase, according to an industry report. The total transaction value surged to AED 90.1 billion ($24.5 billion), reflecting an 11% YoY rise, as reported by...

Dubai’s residential real estate market had an outstanding year in 2024, fueled by robust investor confidence and heightened demand for premium properties. As per the latest report from Savills Middle East, the sector saw unprecedented transaction volumes, marking a 47% year-on-year increase, signaling the emirate’s growing appeal to high-net-worth individuals and international investors. This...

Dubai's real estate report highlights how rising population trends will be supported by increased investment. At the end of 2024, Dubai’s population reached 3,826,130, marking an 8% increase from Q4 2023. Excluding golden visa holders—whose final count is still pending but expected to have doubled from 2022 to 2023—this milestone reinforces Dubai’s continued appeal as a global center for...

Ahead of the launch of the commercial rental index, many tenants in Dubai’s commercial property sector are relocating to more cost-effective areas, while others are renegotiating or renewing leases early to secure long-term agreements at current rates. Industry experts note that landlords in prime locations are raising commercial rents in anticipation of the index’s introduction. As previously...