Dubai is strengthening its status as one of the world’s leading destinations for the ultra-wealthy, with a surge in demand for high-end real estate. The emirate now ranks among the top 20 global cities for wealth, home to 81,200 millionaires - that’s a 12% increase year on year.
The GCC real estate sector remained buoyant in the first half of 2025 due to rising property values and strong sales activity across residential, commercial and hospitality markets. This looks set to continue into the second half of the year.
Ras Al Khaimah is rapidly emerging as one of the UAE’s fastest-growing property markets, fuelled by landmark developments, population growth and a strategy centred on sustainability and quality of life.
The UAE’s proptech market is projected to grow from $0.6bn in 2024 to $1.55bn by 2030, according to Research and Markets.
Dubai-based real estate firm Sikanta Developments has announced the launch of its flagship project, Myra Residences, in Dubai South. The boutique development introduces 64 premium homes, offering a mix of studios, one-bedroom, and two-bedroom units. The project features interconnected swimming pools, tropical landscaping, and designed interiors.
Dubai’s real estate sector delivered record-breaking growth in the first half of 2025, with transactions soaring 26% year-on-year.
Takmeel Real Estate Development is entering a new phase with an ambitious $0.4bnproject pipeline set for 2025. The developer plans to launch flagship projects worth $150m in Dubai South and Al Barari, covering over 350,000 sq. ft. in high-growth areas known for natural landscapes and strong investment potential.
Dubai has launched a major initiative to support first-time homeownership through a new programme developed by the Dubai Land Department and the Dubai Department of Economy and Tourism.
Dubai’s real estate market reached a new milestone in Q2 2025, posting its strongest quarter on record with $50bnin sales transactions. This marks a 49% jump in value and a 22% increase in transaction volume compared to Q2 2024, with 53,252 deals recorded.
The Dubai Land Department (DLD) has signed an agreement with Crypto.com to explore blockchain technology and virtual real estate investments. The partnership aims to create a secure digital environment for virtual asset transactions and enable the use of digital currencies in real estate.
Sign up for our free newsletter