All New's
A new developer unveils Al Marjan Island’s largest project
Ardee Developments has unveiled Ardee Al Marjan Island, a landmark multipurpose destination and the largest development on Al Marjan Island in Ras Al Khaimah.Ardee Al Marjan Island, a multibillion-dirham flagship project, spans 2.5 million square feet and is envisioned as a lively lifestyle community.
By: Admin
The Dubai real estate sector recorded $4.9 billion in transactions
Last week, the Dubai real estate market generated AED17.99 billion ($4.9 billion) in transactions, according to Land Department figures.Sales transactions topped the results, totaling AED13.52 billion ($3.7 billion), according to Land Department data.There were a total of 4,662 sales transactions recorded between April 14 and April 18
Dubai’s Ready Property Segment Posts Strongest
According to Property Finder’s Q1 Insights report, the first quarter of 2025 saw 45,474 transactions totaling AED142.7 billion, which represented a 22% increase in volume and a 30% increase in value over the same time the previous year. This was a historic high for Dubai’s real estate market.With 20,034 transactions totaling AED87.5 billion, the ready-to-move-in real estate market in Dubai saw its best-ever quarterly performance. This represents a 21% increase in volume and a 34% increase in value year over year.
Dubai is home to around 81,200 millionaires, including 20 billionaires
Dubai has officially joined the world’s top 20 cities to prosperity. Today it houses 81,200 billionaires, including 237 centi-millionaires (more than $100 million prosperity) and $20 billion. According to a report by Henry & Partner, published in collaboration with New World Wealth, Dubai rose to third place and ranked 18th in relation to the number of wealthy people living in the city.The research emphasizes Dubai’s continuous expansion as a prominent worldwide hub for investment, business, and high-net-worth individuals, solidifying its position as a top destination for wealth and prosperity.
38,700 new residential units to be delivered by 2028 amid rising demand
The demand for residential properties in Abu Dhabi has developed on the real estate market with 38,700 new units by 2028. After a strong performance in 2024, the 9,700 sales transactions are AED26 billion, the residential real estate market in the UAE’s capital is positioned for significant expansion this year and beyond, backed by growing demand and strategic government initiatives.
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