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...
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April 2026
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’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’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...
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...
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...