News Real Estate

Abu Dhabi and Aldar launch 9,000 affordable rental homes

Abu Dhabi’s Department of Municipalities and Transport has partnered with Aldar to deliver 9,000 rental homes across two major communities in Mohamed bin Zayed City and Baniyas.

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News Real Estate

Dubai commercial property sales top AED 37.9bn as market shifts upmarket

Dubai’s commercial property market recorded AED 37.9 billion (USD 10.3 billion) in sales during Q1 2026, up 30% year-on-year, despite a modest 3% dip in transaction volumes.

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News Real Estate

Sobha expands into Abu Dhabi with AED 40bn master development

Dubai-based Sobha Realty has launched a AED 40 billion residential project in Abu Dhabi, signalling sustained confidence in the emirate’s long-term property market.

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News Real Estate

Al Habtoor to invest AED 5bn in new Dubai commercial tower

Al Habtoor Group will invest more than AED 5 billion (USD 1.36 billion) in a new commercial tower at Al Habtoor City, signalling strong confidence in Dubai’s economic outlook.

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News Real Estate

Abu Dhabi property market posts record AED 66bn quarter as FDI surges 423%

Abu Dhabi's real estate market recorded its strongest quarter on record in Q1 2026, with transactions reaching AED 66 billion across 13,518 deals – a 160.7% increase in value year-on-year, according to the Abu Dhabi Real Estate Centre.

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News Real Estate

Dubai property sales reach AED 176.7bn in Q1 2026 as off-plan demand holds firm

Dubai's property market recorded AED 176.7 billion in sales across nearly 48,000 transactions in Q1 2026, a 23.4% year-on-year increase in value and 5.5% rise in volume, according to fäm Properties.

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News Real Estate

Dubai off-plan apartment sales hit AED 17.5bn in March despite regional conflict

Dubai's off-plan residential apartment market recorded AED 17.5 billion in sales during March 2026, a 12.9% increase year-on-year, according to analysis of Dubai Land Department data by Al Masdar Al Aqaari.

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News Real Estate

Dubai real estate transactions surge 29.7% to AED 50.58bn during Ramadan 2026

Dubai's property market defied its traditional Ramadan slowdown, recording 15,196 transactions worth AED 50.58 billion between 18 February and 19 March – a 29.7 percent year-on-year increase in value and a 5.63% rise in volume.

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News Real Estate

Sharjah real estate transactions hit AED 4.6bn during Ramadan

Sharjah’s property market recorded strong momentum during Ramadan 2026, with total transactions reaching AED 4.6 billion, marking a 71.8% increase year-on-year.

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News Real Estate

Drake & Scull revenue more than doubles to AED 224m

Drake & Scull International reported strong growth in 2025, with revenue rising 116% year-on-year to AED 224 million (USD 61 million), driven by accelerating project execution and order book conversion across key markets.

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