While traditional hot spots like Downtown Dubai and Dubai Marina remain resilient, market momentum is becoming increasingly project-specific
According to the Dubai Land Department, the robust growth is largely attributed to the emirate’s advanced regulatory framework
Applications are now open for the programme’s first cohort, with selected startups eligible to receive up to $1.5m in total funding
Brokers facilitated 42,181 real estate transactions between January and June, generating commissions totalling more than Dhs3.23bn
The cooperation aims to leverage Dubai’s position as a major investment destination by expanding property access to a broader range of businesses
New investors contributed significantly to this growth, with 59,075 first-time participants entering the market
Both appointments are effective immediately from the date of issuance
The partnership supports Dubai’s vision of delivering innovative, sustainable solutions that cater to future aspirations and bolster strategic goals
With over 40 active projects and Dhs10bn in total sales, the Dubai-based developer continues to deliver on its promise of quality, design, and timely execution
The offering attracted 149 investors from 35 nationalities, pushing the waiting list to more than 10,700 individuals
Initially launched in August 2024, AQARI was developed to offer a wide range of real estate services via WhatsApp
Since its inception, the platform has monitored over 279,000 real estate advertisements across Property Finder, Dubizzle, and Bayut
This move positions Dubai at the forefront of integrating virtual assets into the real estate sector
The initiative is designed to foster collaboration among stakeholders and address challenges proactively before they escalate into legal disputes
The number of new investors joining the sector reached 110,000, a remarkable 55 per cent increase, further solidifying Dubai’s standing as a premier global investment hub
The developers included in this agreement are Emaar Properties, DAMAC, Binghatti Properties, Aldar Properties, Sobha Realty, Azizi Developments and Danube
Dubai’s high rental yields, easy real estate financing, and accessible residency visas are factors driving property ownership over renting
Using an escrow account ensures regulation of funds during the construction process of the units sold, ensuring the protection of investors and their rights
The government tasked a ministerial committee to assess the damages and disburse compensations in cooperation with other federal and local entities
Sheikh Hamdan directed the Dubai Land Department to coordinate with property developers to expedite the restoration of normalcy
The agency had previously issued circulars and warnings to emphasise the provisions and conditions of real estate advertising and ensure compliance
The value of real estate transactions exceeded Dhs634bn with the number of transactions reaching over 166,400 real estate transactions in 2023
Dubai Land Department data showed that Al Barsha South Fourth headed the list with 10,351 transactions, followed by Dubai Marina and Business Bay
Dubai Land Department’s RDC unveiled Metaverse Litigation a virtual platform for real estate litigation sessions and the new Judicial Probe service, which uses AI
The initiative is aimed at encouraging the testing and commercialisation of new and innovative products and technologies in Dubai
Dubai’s real estate sector witnessed transactions worth a record Dhs528bn in the past year, a 76.5 per cent increase from 2021
The top 10 list of locations that registered the highest number of transactions included Dubai Marina, Al Barsha South 4, Burj Khalifa, Al Merkadh, Al Hebiah 5, and Jebel Ali 1
A total of 122,658 real estate transactions were registered in Dubai in 2022, an increase of 44.7 per cent from 2021
Al Hebiah Fifth recorded the most transactions for this week with 133 sales transactions worth Dhs386.38m
Tthe focus is on shifting to an employee-first culture, refreshing DLD’s identity and enhancing its position, and adopting a proactive and human-focused approach