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Dubai property prices to start dropping before 2025 ends, but no major plunge seen in 2026: Fitch

Dubai property prices to start dropping before 2025 ends, but no major plunge seen in 2026: Fitch

Last updated: May 30, 2025 | 14:46 Dubai: Dubai’s red-hot property market is poised for a moderate correction starting in the second half of 2025, according to Fitch Ratings. However, the anticipated price drop—estimated at no more than 15%—is not expected to destabilize the market or impact the credit ratings of UAE banks and homebuilders. What’s […]

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Sharjah developer Arada confirms twin-tower ‘Akala’ project in Dubai

Sharjah developer Arada confirms twin-tower ‘Akala’ project in Dubai

Arada is going all in on creating a residential and wellness destination with ‘Akala’ Last updated: May 30, 2025 | 11:37 Arada’s ‘Akala’ hotel and residential tower in Dubai expands on the design and wellness concept. Dubai: The Sharjah master-developer Arada is bringing out its first hotel and residential development – in Dubai. ‘Akala’ – which in the […]

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Investment surge alert: Why Dubai Residential REIT IPO soared 13% on debut

Investment surge alert: Why Dubai Residential REIT IPO soared 13% on debut

Last updated: May 29, 2025 | 18:53 Dubai: The Dubai Residential Real Estate Investment Trust (REIT) made a remarkable debut on the Dubai Financial Market (DFM) today, with its unit price surging 13.63% to close at Dh1.25, up from the initial offering price of Dh1.10. This strong performance underscores investor confidence in Dubai’s mature residential real estate […]

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