January 2025

Sheikh Mohammed Greenlights $1.5 Billion Housing Projects to Build 3,004 Homes for Emiratis in Dubai

In a significant move to enhance the quality of life for Emirati citizens, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved a series of housing projects worth AED5.4 billion ($1.5 billion). These initiatives aim to provide 3,004 new homes across Dubai, catering to a variety of needs and ensuring stability for families. New...

Dubai’s Real Estate Market Breaks Records in 2024: 180,900 Transactions Worth $142.1 Billion

Dubai's real estate market soared to unprecedented heights in 2024, setting new records in both transaction volume and value. The year saw an astounding 180,900 property deals worth AED522.1 billion ($142.1 billion), a significant leap from 2023’s 133,100 transactions valued at AED411.1 billion ($111.9 billion). This marks an impressive 36% increase in transactions and a 27% growth in total value. A...