Dubai Real Estate

The Dubai real estate sector’s upward trajectory over the last five years is highlighted by a new market report today (October 9) which points towards long-term stability and sustainable growth for investors. Over the first nine months of 2025 compared with the same period in 2021, real estate sales soared by 379.9 %. in value from AED104 billion ($28.3 billion) to AED499 billion ($135 billion). Transaction volume also jumped by 266% from 43,200 to 158,400. The dramatic upward curve for the January-September period culminated in a 32.4 % increase in total sales value and a 20.6 % rise in transactions over the last 12 months alone. A market study from fäm Properties shows that average overall monthly real estate sales rose sharply from 14,600 transactions worth AED41.89…

A prime, waterfront plot on the Dubai Water Canal in Business Bay has been sold for a record-breaking AED362 million ($98.5 million), thus reflecting a market that remains exceptionally liquid. The seller was Mukarrib Holdings, and the transaction was brokered by Driven|Forbes Global Properties. Positioned on the Dubai Water Canal and among the last true canal-front opportunities in Business Bay, the corner site offers an ideal platform for a mixed-use project and premium retail. It opens directly onto the canal boardwalk for effortless walking and cycling, with swift links to Sheikh Zayed Road and Al Khail Road. Looking ahead, planned stations on the Zabeel Track, Gold Line, and Express Line within roughly 500m will further strengthen connectivity. "Dubai’s residential and…

LIV Developers, an international luxury residential developer renowned for its boutique waterfront properties, has reported strong progress across its projects, with nearly AED2.3 billion ($626 million) homes, including 640 apartments, set for delivery over the next 12 months. The company also confirmed a new pipeline of ultra-prime projects valued at more than AED 1.5 billion ($408 million), thus reinforcing continued investor confidence in Dubai’s luxury real estate market. Commenting on the company’s momentum, its Director Ishan Khwaja said: "This has been a landmark year for LIV Developers. The early handover of LIV Marina, the record sales success of LIV Maritime, and the rapid progress of LIV LUX all demonstrate our commitment to timely delivery and uncompromising…

Meraas, a part of Dubai Holding Real Estate, has announced the launch of Nourelle, a distinctive new residence within Madinat Jumeirah Living. Positioned at the heart of Jumeirah, Nourelle strengthens Meraas’s presence in the luxury real estate segment, offering a refined collection of homes distinguished by bold architecture, panoramic views, and wellness-focused amenities. Nourelle is part of a thoughtfully designed three-building residential project, with the first building comprising 66 residences across the 12-storey building, said Meraas in a statement. This includes 27 one-, 28 two-, 10 three- and one four-bedroom apartment, which features floor-to-ceiling glazing designed to maximise natural light and offer expansive views of the surrounding neighbourhood. According to…

Devmark, the UAE’s leading real estate project sales and marketing consultancy, together with developer Iquna Properties, has announced the launch of Avida Residences, an exclusive waterfront community on Dubai Islands. The project marks the first residential venture from Avida, a brand bringing its philosophy of longevity and wellbeing into the realm of real estate. Brought to market by Devmark and operated under the Avida brand, the development integrates wellness amenities curated by Avida Longevity, the Dubai-born innovator behind the state-of-the-art Longevity Center in Jumeirah. This proven expertise ensures that vitality and balance are embedded in the community, setting a new benchmark for waterfront living in Dubai, said the statement from Devmark. This exclusive…

Waldorf Astoria Residences Ras Al Khaimah has unveiled the Sky Palace, a palatial triplex spanning its 21st to 23rd floors. Rising high above the Arabian Gulf, the only triplex Sky Palace in Ras Al Khaimah, is priced at AED130 million ($35.4 million). It redefines elevated living with soaring double-height spaces, panoramic sea views, and meticulously crafted interiors, making it the most expensive residence in Ras Al Khaimah, said a statement. Exclusive privileges As the crown jewel of Waldorf Astoria Residences Ras Al Khaimah, the Sky Palace offers its owner a suite of bespoke privileges unmatched by any other residence, including: • A private internal lift connecting all three levels of the triplex. • A VIP lift from the ground floor directly to the 21st floor. •…

Dubai’s real estate market hit a new milestone in Q3 2025, recording the highest ever quarterly transaction volume and the second-largest sales value on record, pushing total sales for the first nine months of the year to nearly AED500 billion ($136.15 billion). A market update issued today by fäm Properties revealed that Q3 produced 59,228 sales transactions totalling AED170.7 billion, marking YoY increases of 17.2% in volume and 19.9% in value. Data from DXBinteract also shows the full extent of the market’s surge in the first nine months of 2025, with total sales reaching AED498.8 billion from 158,200 transactions - up 32.33% in value and 20.46% in volume compared with January-September 2024. Q3 saw 49,370 apartment sales at AED94.3 billion, up 25.9% YoY in volume,…

Shamal Holding and Marriott International have signed an agreement to establish EDITION branded residences and a hotel at Dubai Harbour, set to be completed in 2029. The development, known as The Dubai Beach EDITION, aims to redefine luxury living and hospitality with its innovative design and exemplary service at one of Dubai's premier seafront locations. The project will feature 165 residences, available in two, three, and four-bedroom configurations, each designed to reflect the brand's ethos of contemporary luxury and refined simplicity, resonating with the seaside environment. Residents will benefit from a range of upscale resort amenities and services, enhancing their lifestyle. Additionally, The Dubai Beach EDITION hotel is planned to host 185 rooms and suites, all offering…

Takmeel Developments, one of the UAE’s most trusted developers, has launched Divine Al Barari, a new residential landmark in Majan, designed to bring together nature, wellness, and modern comfort. Valued at AED400 million ($108.92 million), the project introduces a unique lifestyle concept that blends resort-style amenities with strategic connectivity. Looking ahead to 2026, Takmeel is advancing a AED1.5 billion pipeline spanning 650,000 sq ft across Dubai South, and Majan, laying the groundwork for a further 1 million sq ft of future developments. The off-plan community will feature 291 residences across studios, one- to three-bedroom apartments, and duplex penthouses. Prices start from AED717,000, offering attractive entry points for both homeowners and investors. Each unit is…

The Dubai Rental Disputes Centre has introduced a new legal principle concerning real estate service fees, resolving recurring disputes between owners and property developers over responsibility for the cost of operating and maintaining shared building facilities. Under the new ruling, unit holders are obliged to pay service charges even if they have not formally taken possession of their property, particularly when the delay in handover is due to reasons attributed to the buyer. This interpretation is anchored in Law No. (6) of 2019 on Jointly Owned Properties, which regulates the payment of such fees to cover management, operation, and maintenance costs. According to the law, either the developer or the owner must bear these charges for unsold units, with funds directed to management…

Marjan, the master developer of freehold properties in Ras Al Khaimah, has announced the launch of its new mixed-use destination, Marjan Beach, which is set to attract billions in investments across lifestyle, real estate and hospitality, while accelerating RAK Vision 2030. The project is positioned as a transformational catalyst in the emirate’s growth as a premier sustainable investment hub and tourism gateway, setting new benchmarks for waterfront living in the GCC. Strategically designed to balance accessibility with liveability, Marjan Beach will host 12,000 hotel keys and 22,000 residential units, supporting a population of 74,000 residents and a workforce of 32,000. With capacity for up to 180,000 annual visitors, the destination reflects its dual identity as a thriving…

Nakheel, a member of Dubai Holding Real Estate, has appointed Al Nasr Contracting Company LLC to deliver internal roadworks and essential utilities for Bay Villas at Dubai Islands under an AED169 million contract. The scope covers access roads across the 636-unit residential community and the installation of essential utility services, ensuring connectivity between homes, public areas and wider island systems. This appointment supports Nakheel’s approach to sequencing preparatory works with infrastructure delivery, helping to enable efficient community build-out and consistent outcomes for residents. Khalid Al Malik, Chief Executive Officer, Dubai Holding Real Estate, said, “Awarding this infrastructure contract to Al Nasr represents a critical foundation phase for Bay…