Emaar Properties on Wednesday announced net profit before tax increased to Dh10.4 billion in the first half of 2025, a growth of 34 per cent compared to the same period last year, driven by robust performance across development, retail, hospitality,…
The Dubai real estate market continued along its upward path in July, producing the highest number of property transactions this year, and the second-best monthly sales performance on record in terms of value and volume. A market update issued by…
Dubai is set to welcome a new private island escape with a maison featuring 30 beachfront homes and 40 private pool villas. Dubai-based investment firm Shamal Holding announced the new project in partnership with Cheval Blanc, marking the hospitality brand’s…
Dubai real estate sector delivered a record-breaking performance in the second quarter of 2025, with surging transaction volumes and resilient investor appetite, even as price growth showed signs of deceleration and affordability constraints began to surface. The market’s dynamism was…
Around 37,000 property buyers in Dubai have become “accidental millionaires” as they bought properties for less than $1 million that are now worth more, solely due to price inflation, Dubai Property Market data showed on Tuesday. According to latest research from…
Apartment prices in Dubai have risen almost a fifth this year, a report showed on Wednesday, as the emirate continues to attract real estate investors from around the world due to its safe haven appeal and attractive policies. June 2025…
Dubai has established itself as the global capital for branded residences, spearheading a remarkable 160 per cent growth in this sector over the past decade, data shows. A Dubai-based real estate consultancy, in 2024, Dubai recorded the sale of over…
Dubai Municipality unveiled the Ras Al Khor Wildlife Sanctuary Development Project on Monday, aiming to increase visitor numbers six-fold to range between 250,000 and 300,00 each year. The contract for the first phase of the Dh650 million project was awarded,…
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 Purchase Agreement (SPA) about the property which is…
Dubai’s office real estate market has set new records for sales values and volumes, with investors spending Dh2.8 billion across 933 transactions in Q1 2025, data showed. According to new insight from leading real estate advisory and property consultant, Cavendish…