Saudi Arabia has formally opened its real estate market to foreign ownership, with the landmark Law on Non-Saudis’ Ownership of Real Estate taking effect on January 21. This transformative reform allows qualified foreign individuals and entities to purchase property within designated zones, marking a pivotal shift in the Kingdom's investment landscape as part of its Vision 2030...
The Christmas season in Dubai acts as a powerful catalyst for the city's real estate market, merging peak tourism with strategic year-end investment activity. The festive period drives a surge in luxury rentals, sparks decisive buyer action, and sets the stage for a stable and mature market trajectory heading into the new year. Festive Market Dynamics: Seasonal Peaks & Strategic...
A prime plot on Palm Jumeirah has been sold for AED 88 million ($24 million), marking the highest price-per-square-foot land transaction recorded in Dubai for 2025. Brokered by B1 Properties, the deal for the 13,579-square-foot parcel underscores the intense demand and limited supply in one of the world's most exclusive residential markets. Transaction Overview: A Record-Setting...
Dubai real estate in 2026 is entering a phase of mature, selective growth where villas are set to outperform apartments, driven by tight supply and strong family demand. Experts reveal a market that is fragmenting by asset type, with steady overall growth tempered by localized stabilization, record transaction values, and sustained international interest, particularly from UK buyers. 2026...
Binghatti Developers and Mercedes-Benz have announced the launch of Mercedes-Benz Places – Binghatti City, the world’s first Mercedes-Benz branded city. With a total investment value of Dh30 billion, this historic partnership in Meydan will create a master-planned, multi-tower metropolis spanning over 10 million square feet, setting a new global standard for branded urban...
Dubai property investors can now access a six-month forward price forecast for any home, thanks to a first-of-its-kind AI-powered home valuation tool launched by Property Finder. The new feature provides data-backed estimates for current and future property values, bringing unprecedented transparency to one of the world's most dynamic real estate markets. The Tool: AI-Powered Price...
Amali Properties is accelerating its exclusive private island development in Dubai's World Islands, appointing DUTCO to complete main construction on the sold-out Amali Island project. Co-founders Ali and Amira Sajwani announced the partnership, citing renewed luxury demand and perfect timing for the long-overlooked archipelago, with villas priced up to AED 200 million. Project Overview: A...
Dubai property prices per square foot have more than doubled over the last five years, reaching an average of Dh1,683 in October 2025. This milestone highlights the market's sustained long-term growth, even as monthly price gains moderate toward a more stable and sustainable trajectory, according to the latest data from Property Monitor. Price Milestone: A Five-Year Growth Surge The...
Emaar Properties has unveiled Dubai Square, a groundbreaking retail and entertainment destination announced as the world’s first drive-through mall. The project will anchor the massive Dubai Creek Harbour development, spanning 2.6 million square meters and introducing a revolutionary concept to the global retail landscape. Project Scope: A Mega-Development Anchors Dubai Creek...
Dubai ultra-luxury property transactions have skyrocketed, increasing tenfold over the past five years. Deals valued at Dh10 million and above have surged from just 469 in 2020 to nearly 6,000 by mid-November 2025, reflecting a 24.4% year-on-year growth and cementing the emirate's status as a premier global destination for high-net-worth individuals. Market Metamorphosis: A Tenfold...