Economy News Real Estate

Abu Dhabi real estate demand surges

Abu Dhabi’s real estate sector is set for significant expansion, with 38,700 new residential units expected by 2028 to meet growing demand. According to Cavendish Maxwell’s latest report, 10,800 units are due for delivery this year, followed by 6,000 in 2026.

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Economy News Real Estate

New DLD initiative to ease overdue fees

The Real Estate Regulatory Agency (RERA) has introduced the ‘Tayseer’ initiative to help unit owners settle overdue service fees through flexible six-month payment plans.

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Economy News Real Estate

Dubai real estate to implement tokenisation

Dubai has launched the pilot phase of the Real Estate Tokenization Project which aims to attract international technology firms, open new investment channels, and diversify property ownership by enabling multiple investors to co-own a single asset through tokenized real estate.

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Economy News Real Estate

Dubai real estate meets Parisian fashion

Dubai’s Alta Real Estate Development has joined forces with Parisian fashion house Maison Margiela to create the brand’s first residential project in the city.

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Economy News Real Estate

Dubai real estate residential prices up 19%

Dubai’s real estate market experienced significant growth in 2024, as residential property prices surged by 19.1% year-over-year, reaching $459 per square foot, marking a 13.3% increase over the market’s previous peak in 2014.

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Economy News Real Estate

Dubai real estate on record pace for 2025

Dubai’s real estate market has already recorded $27bn in sales in just 44 working days. This is the fastest the market has ever achieved this value, according to the Dubai-based real estate brokerage W Capital.

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Economy News Real Estate

Richmind enters UAE real estate

Real estate developer Richmind has announced its entry into the UAE market, with its debut project to be unveiled soon at Al Marjan Island in Ras Al Khaimah. A collaboration with Zaha Hadid Architects, the project will offer a mix of luxury apartments, villas, duplexes, and penthouses, all designed to redefine waterfront living.

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Economy News Real Estate

Deyaar launches Aya Residences

Leading UAE real estate developer Deyaar Development has launched its first-ever residential project in Umm Al Quwain.

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Economy News Real Estate

Aldar unveils nature-inspired community

Real estate development company Aldar has launched The Wilds, a Dubai residential community that harmonises modern living with nature, creating and environment for families while preserving local wildlife.

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News Real Estate

New real estate project in Al Jaddaf Waterfront

KASCO Developments has launched Volna, its latest residential community in Dubai’s Al Jaddaf Waterfront. The project is a collaboration with real estate intelligence hub Evolutions and is an 11-storey development with 65 residences.

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