The UAE’s property market is experiencing remarkable growth, with real estate transactions exceeding Dh239 billion in the first quarter of 2025. This surge highlights the country’s appeal to both investors and homeowners, reinforcing its position as a global real estate hotspot. Dubai remains the frontrunner, accounting for Dh193 billion of the total transactions. However, significant...
Modon Holding, a listed company based in Abu Dhabi, successfully sold out its freehold residential project on Reem Island, generating approximately Dh1 billion, or $272.3 million, on the day of the launch. This two-tower waterfront development is strategically located near the Abu Dhabi Global Market (ADGM), enhancing its appeal to potential buyers. The swift sale...
The Sultanate of Oman is poised to deliver 62 800 new residential real estate units by the year 2030, with 5 500 of these units scheduled to enter the market this year. This information comes from a recent report by Cavendish Maxwell, which aligns with the country’s strategic vision for housing development. In addition to...
AWJ Investment, a subsidiary of AWJ Holding, has secured a 40% stake in Oud Real Estate, marking a significant strategic partnership aimed at enhancing urban development in Saudi Arabia. This collaboration is expected to drive investments exceeding SR8 billion over the next five years, focusing on branded residential, commercial, and hospitality projects. The partnership combines...
IMKAN, a prominent global master developer based in Abu Dhabi, has announced a strategic partnership with Saal.ai, a leading provider of Artificial Intelligence and Big Data solutions. This collaboration aims to revolutionize the UAE’s real estate sector by integrating advanced AI and digital technologies into IMKAN’s operations, enhancing their overall value chain. The partnership was...
Dubai Holding has garnered $15 billion in orders for its $584 million initial public offering (IPO) of the Dubai Residential Real Estate Investment Trust (REIT). This strong demand marks a significant indication of investor interest in Dubai’s thriving property market. The investment firm, owned by Dubai’s ruler, increased the size of its offering earlier this...
Dubai’s first initial public offering (IPO) of 2025, the Dubai Residential REIT, has been priced at Dh1.1 per unit. This pricing establishes an initial market capitalization of Dh14.3 billion and offers a gross dividend yield of 7.7% for the year 2025. The REIT is set to distribute Dh1.1 billion as dividends this year. The demand...
The Dubai real estate market is set to receive a significant influx of USD 10.3 billion in private capital, reflecting its robust growth according to a report from global property consultancy Knight Frank. This influx indicates a strong interest from global investors in Dubai’s residential real estate sector. The report, which analyzes insights from 387...
DAMAC Properties has launched the Middle East’s first fully experiential e-commerce property website, aiming to transform real estate transactions through technology, transparency, and immersive engagement. This innovative digital platform allows investors to experience the complete lifecycle of their investments, while also providing agents with deeper insights into their customers’ purchasing journeys. The new website enables...
Abu Dhabi-based alternative investment manager Lunate is collaborating with Brookfield Asset Management, a firm listed on the New York Stock Exchange, to establish a joint venture worth $1 billion. This new partnership aims to develop build-to-sell residential properties throughout the Middle East. The joint venture signifies a strategic move in the real estate sector, emphasizing...