Business

Young professionals earning between AED 10,000 and AED 15,000 are being encouraged to consistently save 20–30% of their monthly income if they plan to purchase property. According to real estate experts, with disciplined savings and gradual income growth, this can make a property down payment achievable within 3 to 5 years. “For properties priced between AED 600,000 and AED 900,000, a 15–20% down...

Dubai-based fractional property platform PRYPCO Blocks has successfully wrapped up its first-ever Exit Window, a notable step forward in reshaping how real estate is accessed and invested in across the UAE. The platform saw over 2,800 fractional property units, referred to as "Blocks," change hands through 211 transactions, reaching a total value of approximately AED 300,000 ($81,700) during the...

AEngel & Völkers Middle East’s latest market review confirms what many industry watchers suspected: Dubai’s prestige real‑estate sector is accelerating at a pace few global hubs can match. In the first six months of 2025, the city registered 3,731 transactions priced above AED 10 million, a 62.7 percent year‑on‑year leap. Q2 alone delivered 2,388 such deals—the strongest...

Abu Dhabi’s property market is running red‑hot. Figures from the Abu Dhabi Real Estate Centre (ADREC) show turnover reached AED 96.2 billion in 2024—a 10 percent jump year‑on‑year—across 28,249 transactions, while foreign capital doubled to AED 7.86 billion. Homes routinely sell out in under two days, and 38 off‑plan launches kept developers scrambling for inventory. In...

Ajman's real estate market witnessed a record-breaking month in June 2025, registering 1,607 transactions worth a total of AED 2.32 billion ($631.6 million) — a 47% increase compared to the same period last year. According to Eng. Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation in Ajman, the emirate recorded AED 1.53 billion in trading volume across...

Saudi Arabia’s real estate and construction sectors—already experiencing rapid growth—are poised for a new wave of expansion following the implementation of new laws permitting foreign property ownership. This legal shift is expected to attract not just international investors, but also leading developers from the UAE and wider Gulf region, signaling a transformative phase for the Kingdom’s...

Amirah Developments is set to launch five major projects across Dubai and Ras Al Khaimah in 2025 and 2026, in response to increasing demand for luxury and mid-luxury real estate, Founder Yousuf Jafrani revealed in an interview with Zawya Projects. Among the upcoming ventures are a branded residence, a wellness-driven community, and a mid-luxury development, with a combined value of AED 1.8 billion...

Dubai, UAE – Bayut, the UAE’s leading real estate platform, has launched TruBroker Stories, the world’s first social engagement tool on a property portal — a major leap in the digitisation of real estate marketing and agent-client interaction. This innovative feature allows certified TruBrokers in Dubai to upload 60-second vertical videos tied to their property listings or real estate...

Abu Dhabi, UAE – Royal Development Holding, a subsidiary of Emirates Stallions Group, in partnership with luxury developer SAAS Properties, has announced the complete sell-out of Phase 1 of the highly anticipated Seamont Autograph Collection Residences, a premium waterfront project located on Shams Al Reem Island. Valued at AED 1.6 billion ($435 million), the Seamont project is being developed in...

Dubai and Abu Dhabi’s major property developers are on track to post robust second-quarter profits, with analysts projecting continued double-digit growth—even as the pace of property price increases begins to ease. According to market experts, Emaar Properties in Dubai and Aldar Properties in Abu Dhabi are set to benefit from large project backlogs, steady construction progress, and resilient...