Dubai’s high-end residential market has enjoyed another stellar quarter, with 103 homes sold for more than $10 million in Q3, a 24% increase on Q3 2024, according to the latest data from global property consultancy Knight Frank. Strong demand in the luxury segment saw 17 transactions priced over $25 million – more than twice the number recorded in Q3 2024. The latest quarterly figures pushed the number of deals in the $10 million-plus bracket to 357 in the first nine months of the year, which equates to a 26% increase on the same period in 2024, when 282 homes over US$ 10 million were sold. Total transaction values increased at an even greater rate than the number of deals, topping $2 billion in Q3, representing year-on-year growth of 54%. This increased activity in the…

Ajman’s Department of Land and Real Estate Regulation announced the registration of 5,048 real estate transactions during the third quarter of 2025, with a total value exceeding AED8.12 billion, marking a 47% growth compared to the same period last year. Omar bin Omair Al Muhairi, Director-General of the Department, stated that the figures recorded during the third quarter reflect the continued positive momentum in Ajman’s real estate market. He noted that the diversity of real estate projects and the noticeable increase in the number of investors are due to a supportive and stimulating business environment that enhances confidence and ensures a comprehensive and successful investment experience. He pointed out that the total trading volume reached AED5.22 billion from 4,102…

A prime, waterfront plot on the Dubai Water Canal in Business Bay has been sold for a record-breaking AED362 million ($98.5 million), thus reflecting a market that remains exceptionally liquid. The seller was Mukarrib Holdings, and the transaction was brokered by Driven|Forbes Global Properties. Positioned on the Dubai Water Canal and among the last true canal-front opportunities in Business Bay, the corner site offers an ideal platform for a mixed-use project and premium retail. It opens directly onto the canal boardwalk for effortless walking and cycling, with swift links to Sheikh Zayed Road and Al Khail Road. Looking ahead, planned stations on the Zabeel Track, Gold Line, and Express Line within roughly 500m will further strengthen connectivity. "Dubai’s residential and…

LIV Developers, an international luxury residential developer renowned for its boutique waterfront properties, has reported strong progress across its projects, with nearly AED2.3 billion ($626 million) homes, including 640 apartments, set for delivery over the next 12 months. The company also confirmed a new pipeline of ultra-prime projects valued at more than AED 1.5 billion ($408 million), thus reinforcing continued investor confidence in Dubai’s luxury real estate market. Commenting on the company’s momentum, its Director Ishan Khwaja said: "This has been a landmark year for LIV Developers. The early handover of LIV Marina, the record sales success of LIV Maritime, and the rapid progress of LIV LUX all demonstrate our commitment to timely delivery and uncompromising…

Devmark, the UAE’s leading real estate project sales and marketing consultancy, together with developer Iquna Properties, has announced the launch of Avida Residences, an exclusive waterfront community on Dubai Islands. The project marks the first residential venture from Avida, a brand bringing its philosophy of longevity and wellbeing into the realm of real estate. Brought to market by Devmark and operated under the Avida brand, the development integrates wellness amenities curated by Avida Longevity, the Dubai-born innovator behind the state-of-the-art Longevity Center in Jumeirah. This proven expertise ensures that vitality and balance are embedded in the community, setting a new benchmark for waterfront living in Dubai, said the statement from Devmark. This exclusive…

Dubai’s real estate market hit a new milestone in Q3 2025, recording the highest ever quarterly transaction volume and the second-largest sales value on record, pushing total sales for the first nine months of the year to nearly AED500 billion ($136.15 billion). A market update issued today by fäm Properties revealed that Q3 produced 59,228 sales transactions totalling AED170.7 billion, marking YoY increases of 17.2% in volume and 19.9% in value. Data from DXBinteract also shows the full extent of the market’s surge in the first nine months of 2025, with total sales reaching AED498.8 billion from 158,200 transactions - up 32.33% in value and 20.46% in volume compared with January-September 2024. Q3 saw 49,370 apartment sales at AED94.3 billion, up 25.9% YoY in volume,…

Takmeel Developments, one of the UAE’s most trusted developers, has launched Divine Al Barari, a new residential landmark in Majan, designed to bring together nature, wellness, and modern comfort. Valued at AED400 million ($108.92 million), the project introduces a unique lifestyle concept that blends resort-style amenities with strategic connectivity. Looking ahead to 2026, Takmeel is advancing a AED1.5 billion pipeline spanning 650,000 sq ft across Dubai South, and Majan, laying the groundwork for a further 1 million sq ft of future developments. The off-plan community will feature 291 residences across studios, one- to three-bedroom apartments, and duplex penthouses. Prices start from AED717,000, offering attractive entry points for both homeowners and investors. Each unit is…

The Dubai Rental Disputes Centre has introduced a new legal principle concerning real estate service fees, resolving recurring disputes between owners and property developers over responsibility for the cost of operating and maintaining shared building facilities. Under the new ruling, unit holders are obliged to pay service charges even if they have not formally taken possession of their property, particularly when the delay in handover is due to reasons attributed to the buyer. This interpretation is anchored in Law No. (6) of 2019 on Jointly Owned Properties, which regulates the payment of such fees to cover management, operation, and maintenance costs. According to the law, either the developer or the owner must bear these charges for unsold units, with funds directed to management…

Marjan, the master developer of freehold properties in Ras Al Khaimah, has announced the launch of its new mixed-use destination, Marjan Beach, which is set to attract billions in investments across lifestyle, real estate and hospitality, while accelerating RAK Vision 2030. The project is positioned as a transformational catalyst in the emirate’s growth as a premier sustainable investment hub and tourism gateway, setting new benchmarks for waterfront living in the GCC. Strategically designed to balance accessibility with liveability, Marjan Beach will host 12,000 hotel keys and 22,000 residential units, supporting a population of 74,000 residents and a workforce of 32,000. With capacity for up to 180,000 annual visitors, the destination reflects its dual identity as a thriving…

The UAE-based Mira Developments, John Richmond and Arav Group came together in London to unveil the vision for Richmond Towers in Dubai — the brand’s first worldwide residences. The event took place during an exclusive private dinner at The Londoner, bringing together a select circle of international press, celebrities, and high-profile investors. Guests were shown early interior fragments and sketches tracing the creative dialogue between John Richmond and architect Marco Casamonti, which translates the house’s rebellious DNA into architecture, paired with Mira Developments’ signature fully furnished living style. Richmond Towers in Dubai will serve as the flagship of the international partnership announced in January 2025. The development will feature six…

Dubai Land Department has launched the Emirati Real Estate Business Incubator, in collaboration with Dubai Silicon Oasis, the New Economy Academy and Rochester Institute of Technology of Dubai (RIT Dubai). The move is part of ‘The Emirates: The Startup Capital of the World’ national campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to strengthen the UAE’s position as a leading global hub for entrepreneurship. The launch and details of the programme were announced during a press conference held in Dubai today, in the presence of Omar Hamad Bushahab, Director-General of Dubai Land Department; Badr Buhannad, Director-General of Dubai Silicon Oasis and Dr. Laila Faridoon, CEO of the New Economy…

Azizi Developments, one of the UAE’s leading private developers, has announced its signing with Faisal Jassim Industries, the national supplier of Reflex Polska air separators. Under the agreement, advanced air separators for chilled water systems will be deployed across all of Azizi’s projects in Dubai. Founded in northern Poland, Reflex is a globally trusted brand in heating, cooling, and water supply solutions. Known for their precision engineering and reliability, Reflex air separators are designed to optimise chilled water systems by removing air and microbubbles, thereby improving efficiency, reducing energy consumption, and extending equipment lifespan. With its strong engineering capabilities and presence across the UAE, Faisal Jassim Industries ensures seamless…