Last updated: July 31, 2025 Dubai: Union Properties confirmed more progress in its comeback journey with a 44% spike in gross profits for the first six months of 2025. The total was Dh75.6 million against Dh52.6 million a year ago. But when it comes to H1-25 net profit, the Dubai developer’s numbers come in lower – […]
Emirate recorded Dh15.09 billion in real estate transactions in 2024 as waterfront projects dominate Published: Wed 30 Jul 2025, Ras Al Khaimah has been gaining strong momentum in recent years as an alternative investment hub to Dubai and Abu Dhabi. Ras Al Khaimah’s property market is defying seasonal expectations, with a surge in investment activity […]
First half of 2025 already records 1,417 transactions for units worth more than Dh15 million Published: Wed 30 Jul 2025, The prime residential neighbourhood of the Palm Jumeirah continues to dominate luxury home sales. – KT file Demand for ultra-luxury homes in Dubai continues to strengthen, with properties valued at Dh15 million plus recording 1,417 transactions […]
Last updated: July 30, 2025 Dubai: Abu Dhabi’s property sector saw a robust first half of 2025, with real estate transactions surging to Dh51.72 billion — a 39% increase from the Dh37.2 billion recorded in the same period last year, data from the Abu Dhabi Real Estate Centre (ADREC) showed. The number of property transactions also […]
Last updated: July 29, 2025 Dubai: Modon Holding reported a 4.2x surge in net profit to Dh2.1 billion for the first half of 2025, compared to Dh502 million in the same period last year, after excluding one-off items from 2024. The strong earnings were driven by record real estate sales, recurring income growth, and contributions from […]
Last updated: July 29, 2025 On one summer morning in June 2002, in the already legendary city of Dubai came the announcement that expatriates were allowed to buy real estate on a freehold basis. Prior to that, there had been moves made in the asset markets towards liberalization, but on this particular morning, there was a […]
Last updated: July 29, 2025 Dubai: The Abu Dhabi master-developer Aldar booked Dh4.1 billion in profit for the first six months – and that’s off a substantial 24% growth year-on-year. The company’s bottom-line continues to be helped by demand for its Abu Dhabi and Dubai projects, as well as continued demand for its office and commercial […]
The initiative aims to strengthen governance, protect investor privacy and ensure security Last updated: July 29, 2025 Dubai: Dubai is considering allowing tokenised real estate transactions to be conducted using digital currencies by the end of 2025 — a move officials say could transform property investment and attract a new generation of global buyers, according to […]
The brokerage sector recorded a remarkable performance in H1 2025, executing more than 42,000 transactions Published: Mon 28 Jul 2025, Real estate brokers in Dubai executed 42,181 transactions, generating commission values exceeding Dh3.23 billion in H1 2025, compared to Dh1.62 billion in the same period in 2024, representing a 99 per cent growth. This increase […]
Residential real estate transactions in the UAE expected to grow at a CAGR of 2.66% between 2025 and 2029 Published: Mon 28 Jul 2025, The UAE’s housing market continues to attract global capital. The UAE’s residential real estate sector is poised for steady and sustainable expansion over the coming years with the overall market value […]
