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2026

Dubai property sales reach Dh176.7 billion in Q1 2026, off-plan demand and prices hold firm

Dubai real estate sees strong Q1 growth led by off-plan sales and rising prices Dubai: Dubai’s property market maintained strong momentum in the first quarter of 2026, with total sales reaching Dh176.7 billion across nearly 48,000 transactions, reflecting continued investor appetite and steady price growth. Data from fäm Properties showed transaction values rose 23.4% year on year, while...

Abu Dhabi’s Masdar and TotalEnergies form $2.2bn Asia renewables joint venture

Abu Dhabi’s clean energy giant Masdar and France-based TotalEnergies have announced a landmark $2.2 billion joint venture aimed at accelerating renewable energy deployment across Asia, marking one of the region’s most significant cross-border clean energy partnerships. The agreement establishes a 50-50 partnership that will consolidate both companies’ onshore renewable energy assets across...

Dubai records a property purchase in Palm Jumeirah for Dh1 Billion plus

Dubai’s real estate market continues to demonstrate exceptional resilience and global appeal, recording a landmark transaction exceeding Dh1 billion at the prestigious Royal Amwaj project on Palm Jumeirah. This high-value deal stands out not only for its scale but also for its timing, coming amid ongoing regional tensions, further reinforcing investor confidence in Dubai’s long-term growth...

Ajman marks the highest-value transaction in Al Amerah with a $50.4 million property acquisition

Ajman’s real estate market has reached a significant milestone with its highest-ever property transaction valued at AED 185 million ($50.4 million), highlighting the emirate’s growing appeal among investors. The landmark deal, involving a strategically located mixed-use plot in Al Amerah, reflects increasing demand for developments that combine residential and commercial potential. This...

AMWAJ Development begins construction on Gate 11 in response to the Meydan community’s high demand

Dubai-based boutique developer AMWAJ Development has officially started construction on Gate 11, its newest residential project in Mohammed Bin Rashid City District 11 in Meydan, marking the beginning of comprehensive on-site building activities. The achievement comes after strong demand from investors, with 85 percent of the units already sold and just a small inventory left. Construction has now...

Renting a Burj Khalifa duplex for Dh12 million a year sets UAE lease record

Dubai's upscale property market has reached a new peak, as a duplex penthouse in the Burj Khalifa was rented for Dh12 million each year. The technology and property management platform Keyper, which enabled the transaction, referred to the lease as the "highest documented yearly apartment rent in the UAE.” The property, belonging to Karl Haddad, occupies the 87th and 88th floors of the tallest...

Dubai’s real estate transactions have increased by 49% despite regional concerns

Following the end of the Eid Al Fitr holiday, transaction volumes in Dubai's real estate market increased by 49% last week, demonstrating the sector's typical resilience. According to data from the Dubai Land Department (DLD), total ex-land transactions increased from Dhs5.82 billion in the previous shortened working week to Dhs8.66 billion ($2.36 billion) last week. This is especially for March...

Dubai property transactions reach Dh3.8 billion on Monday

Sales accounted for the largest share, reaching Dh2.93 billion Dubai’s real estate market recorded transactions worth Dh3.8 billion at the start of the week through 1,194 deals, according to data released by the Dubai Land Department. Sales accounted for the largest share, reaching Dh2.93 billion through 930 transactions. Among the most prominent deals were properties in Al Yalyis 5 valued at...

Dubai rental market weathers regional tensions with flexible payment plans

Dubai landlords are increasingly offering flexible payment plans, such as more cheque options, to attract and secure tenants. Dubai landlords are increasingly offering flexible payment plans, such as more cheque options, to attract and secure tenants. This is driven by a sustained increase in residential supply expected between 2026 and 2028. Despite regional tensions, the rental market remains...

‘Dubai’s new tokenised secondary market ends the real estate lock-in’

Dubai is expanding its blockchain-based real estate tokenisation initiative by enabling secondary market trading of fractional property ownership. Dubai is expanding its blockchain-based real estate tokenisation initiative by enabling secondary market trading of fractional property ownership. Last month, Dubai Land Department (DLD) launched Phase II of the Real Estate Tokenisation Project,...