Business - Real Estate - Emirates 24|7
UAE Real Estate Hits Record Highs: AED422M Luxury Sale and AED6B Project Sell-Out in 72 Hours
The UAE continues to consolidate its position as one of the most dynamic real estate markets, with a steady pace of new project launches and uninterrupted construction activity during March 2026. This accelerating momentum in projects and rising sales reflects the strength of the UAE real estate ma
Dubai Realty Hits New Peak: AED356.2 Million Off-Plan Apartment Sale Recorded
Dubai’s luxury real estate market reached a historic milestone on Thursday with the registration of a record-breaking off-plan apartment sale valued at AED356.2 million. According to official data from the Dubai Land Department (DLD), the ultra-luxury unit is located within the prestigious "Aman Re
Dubai Records Strong Performance in the Construction Sector with More Than 10,700 Building Permits Issued in Q1 2026
Dubai Municipality reported strong performance indicators in the building and construction sector during the first quarter of 2026, reflecting sustained development momentum across the emirate and a highly attractive investment environment that continues to reinforce Dubai’s position as a leading g
Ajman records highest-value property sale at AED185 million
Ajman’s real estate sector has recorded its highest-value property sale transaction at AED185 million, in a move reflecting the growing appeal of the emirate’s property market and the increasing pace of investment activity. According to data from the Ajman Real Estate Index, the plot involved in th
Emaar Approves AED 8.8 Billion Dividend as 2025 Property Sales Hit Record AED 80.4 Billion
Emaar Properties PJSC held its Annual General Meeting (AGM) where shareholders approved a 100% dividend payout amounting to AED 8.8 billion ($2.4 billion), reflecting the company 's commitment to sustained shareholder value in line with its December 2024 policy. Financial results for 2025 highligh
AED 84.6 Million: Dubai Sells Luxury Off-Plan Apartment
Dubai’s real estate market recorded a high-profile transaction on Tuesday with the sale of a luxury off-plan apartment in the Jumeirah 1 district for AED 84.6 million ($23 million). The deal, registered with the Dubai Land Department (DLD), underscores the sustained momentum in the emirate’s proper
Alabbar: Dubai Real Estate Market Remains Resilient With Stable Property Values
Mohamed Alabbar, Managing Director of Emaar Properties, stated that the real estate market remains in good condition, noting that property values continue to hold steady. In statements to Sky News Arabia, Alabbar emphasized that the value flows into the real estate sector are ongoing, and despite a
AED 73M Dubai Off-Plan Apartment Sale Despite Regional Tensions
Dubai’s real estate market opened the week with a robust performance on Monday, recording a high-profile off-plan property sale in the Burj Khalifa district for AED 73 million. The transaction, involving a unit within the Barakat Hotels and Apartments Dubai project, serves as a significant indicato
Major land deal Worth AED 240.34 million Opens Dubai Real Estate market as sales surpass half a billion Dirhams within hours
Dubai’s real estate market opened trading on Tuesday with a major transaction involving the sale of a plot of land in the Downtown Jebel Ali area for AED 240.34 million. According to data from Dubai REST, the total area of the sold plot reached 185,442 square feet, at an average price of AED 1,296
AED 92.5 Million: Francis Ngannou Acquires Luxury Penthouse At Palm Jumeirah
Global boxing icon and former UFC Heavyweight Champion Francis Ngannou has purchased a luxury residence at Armani Beach Residences on Palm Jumeirah for AED 92.5 million, developer Arada announced on Monday. The deal for the five-bedroom property, spanning 11,521 square feet, highlights the surging
"real Estate Technology 2033".. Dubai’s Strategy for a Smart Future
The Dubai PropTech Hub, a joint initiative between the Dubai International Financial Centre (DIFC) and the Dubai Land Department (DLD), has launched a strategic whitepaper titled "Real Estate Technology 2033," identifying business models with the potential to inject over AED 53 billion annually int
AED 13.59 Billion in Dubai Real Estate Brokerage Commissions in 2025
Emirates 24/7 — Dubai’s real estate brokerage sector underwent a significant transformation in scale and impact during 2025, solidifying its position as a core regulatory and economic pillar within the emirate’s property ecosystem. The evolution was driven by surging activity levels and an expandi