Dubai Market Report – April 2025
Dubai’s property market maintained strong momentum in April, with prices rising 1.97% to an average of AED 1,565 per sq ft nearly 27% above the 2014 peak and 28% higher than the 2009 high. This marks 50 consecutive months of growth and a 15.86% year-on-year increase. April recorded a historic 18,010 property sales transactions an […]
OMNIYAT Announces Lumena Ultra-Luxury Commercial Offices
As Dubai continues its transformation into a leading global business destination, the demand for commercial spaces that embody its progressive vision and vibrant energy has never been greater. Addressing this evolution, OMNIYAT has introduced Lumena a 48-storey, ultra-luxury office tower set to redefine the standards of premium workplace environments in the emirate. Strategically located at […]
EU Commission Releases Revised List of High-Risk Jurisdictions
The European Commission has officially updated its list of high-risk third countries jurisdictions identified as having strategic deficiencies in their anti-money laundering and counter-terrorist financing frameworks. Among the most significant changes in this revision is the removal of the UAE, marking a pivotal shift in the country’s global financial standing. What Is the EU High-Risk […]
Sheikh Mohammed Sets Ambitious $1.1 Trillion Non-Oil Trade Target for UAE Within Two Years
Renowned for its progressive vision, the UAE has strategically transitioned away from its historical reliance on hydrocarbons. It now stands as a dynamic centre for global trade, finance and innovation. This evolution is reflected in the nation’s sustained strength across critical economic sectors, with non-oil foreign trade emerging as a defining pillar of its economic […]
Dubai Property Market Surges as Stock Index Hits 17-Year High
Dubai has once again affirmed its position as one of the most dynamic real estate markets in the world. According to latest market analysis, Dubai’s stock index soared over 25 per cent to reach a 17-year high in May 2025. This financial performance reflects the strength of an economy growing at an impressive 5–6% annually, […]
UAE on Track to Be Cleared from EU’s Risk List
In recent years, the UAE has emerged as a leading global centre for finance and innovation. At the heart of this transformation is the nation’s strong commitment to transparency, financial integrity, and international collaboration. A significant milestone in the UAE’s financial reform journey is the European Union’s recent proposal to delist the country from its […]
The World’s Tallest Metro Station Set to Feature on Dubai Metro’s Blue Line
Dubai, a city synonymous with ambition and innovation, continues to push the boundaries of urban development. This dedication to progress was recently highlighted by a significant announcement concerning its public transportation network. In a significant stride towards enhancing urban mobility and connectivity, Sheikh Rashid witnessed the groundbreaking ceremony for the highly anticipated Dubai Metro Blue […]
Middle East Tourism Spending to Reach $350 Billion by 2030
Tourism has consistently served as a catalyst for economic development and global connectivity. In recent years, the Middle East has seized this opportunity with remarkable ambition. Traditionally associated with religious pilgrimages and arid landscapes, the region has rapidly evolved into one of the world’s fast-growing tourism destinations. The Middle East is on the brink of […]
Dubai Real Estate Breaks $18.2bn Monthly Sales Record, Led by $82m Palm Jumeirah Villa
Dubai’s real estate sector continues to stand out as one of the most dynamic and fast-growing markets worldwide. Reflecting this momentum, the market recorded a new high with total sales reaching AED66.8 billion ($18.2 billion) in May 2025, representing a remarkable 49.9% increase compared to the same month last year. Alongside this surge in value, […]
Dubai Introduces World’s First Property Token Ownership Certificate
In a groundbreaking development that reaffirms Dubai’s leadership in real estate innovation, the Dubai Land Department has officially issued the world’s first property token ownership certificate. This milestone was reached following the swift sell-out of the inaugural tokenized real estate project on the Prypco Mint platform licensed by the Virtual Assets Regulatory Authority, which was […]
