Dubai News

Dubai: More Tourists Becoming Residents and Property Buyers, Say Experts

Experts in Dubai's thriving real estate market are observing a growing trend: an increasing number of tourists are choosing to make Dubai their long-term home, transitioning into residents and subsequently becoming property owners. This shift is being attributed to...

Dubai Real Estate Shatters Records with $18.2 Billion Sales Month, Fueled by $82 Million Palm Jumeirah Villa

Dubai's real estate sector has achieved an unprecedented milestone, recording a staggering $18.2 billion in sales within a single month. This landmark figure underscores the continued strength and global appeal of the emirate's property market. Leading this surge was...

Dubai Real Estate Experts Share 3 Market Forecasts After Record $17 Billion Sales in April

Following a record-breaking April that saw Dubai's real estate market achieve over $17 billion in sales, industry experts are offering their insights into the future trajectory of the market. While the unprecedented sales figures indicate strong current demand, opinions...

Dubai’s Emaar Development Acquires Land in Ras Al Khor for $790 Million

Emaar Development, a leading real estate giant in Dubai, has announced the purchase of a significant plot of land in the Ras Al Khor area for AED 2.9 billion ($790 million), in addition to associated transaction charges. The acquisition...

Dubai Launches Mideast’s First Government-Backed Real Estate Tokenisation Platform

Dubai has officially launched the Middle East and North Africa (MENA) region's first government-backed platform for tokenising real estate, marking a significant step in leveraging blockchain technology to transform property investment. The initiative, spearheaded by the Dubai Land Department...

Dubai’s New Tokenised Real Estate Platform Attracts Over 6,000 to Waitlist

A new tokenised real estate platform in Dubai has generated significant interest, with over 6,000 individuals joining its waitlist. The platform, Prypco Mint, allows users to purchase fractional shares of properties through secure digital tokens, democratising access to the...

Fitch Predicts Double-Digit Fall in Dubai Real Estate Prices After Years of Boom

After a prolonged period of significant growth, Dubai's residential real estate prices are likely to experience a double-digit percentage fall, according to a new report by Fitch Ratings. The agency anticipates this moderate correction will occur in the latter...

Danube Properties Fuels Dubai’s AED 115 Billion Real Estate Surge in Q1 2025 with Record Deliveries and Strong Investor Trust

Danube Properties, a leading private real estate developer in the UAE, is playing a significant role in Dubai's unprecedented real estate boom, which saw property transactions exceeding AED 115 billion in the first quarter of 2025. This represents a...

Dubai Real Estate Witnesses $6 Billion Deal Between MAG Group and CITIC Limited

In a move poised to reshape Dubai's luxury real estate sector, MAG Group Holding and CITIC Limited, a prominent Chinese state-owned conglomerate, have signed a Memorandum of Understanding (MoU) for a massive $6 billion development named "Keturah Ardh." This...

Ctrl Alt, Dubai Land Department Launch Tokenized Real Estate Platform, Projecting $16B Market by 2033

Ctrl Alt and the Dubai Land Department (DLD) have officially launched their collaborative real estate tokenization project, with ambitious projections of a $16 billion market by 2033. Ctrl Alt serves as the key tokenization partner for the DLD in...
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X Transforms User Experience with AI-Powered ‘Custom Timelines’ and Deprecates Communities

In a massive strategic pivot aimed at reshaping how users discover and engage with content, X has officially launched...
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