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Tag: Dubai real estate

  • BEYOND Developments Unveils Dh4 Billion The Yards Masterplan in City of Arabia

    BEYOND Developments Unveils Dh4 Billion The Yards Masterplan in City of Arabia

    BEYOND Developments has introduced its first inland masterplan in Dubai, positioning the developer in one of the emirate’s most strategically located growth corridors. The Yards represents a significant expansion beyond the company’s existing waterfront portfolio.

    The 2.3 million square foot development will deliver 1,560 residential units ranging from one- to three-bedroom apartments. The Mediterranean-inspired design centers on a one-kilometre green spine, with 70 per cent of the total area dedicated to open landscape.

    Adil Taqi, CEO of BEYOND Developments, described the project as a long-term strategic investment.

    “The Yards is a Dh4 billion commitment to a district where scale, connectivity, and a genuine scarcity of quality supply are converging to create one of the most compelling long-term investment cases in Dubai,” Taqi said. “At BEYOND, we anticipate demand rather than follow it, and every masterplan we bring to market is an expression of that conviction.”

    The development benefits from proximity to Dubai’s expanding metro network and offers direct connectivity to Dubai International Airport within 25 minutes and Al Maktoum International Airport within 38 minutes. The location places The Yards within an area expected to see sustained demand as infrastructure investment advances.

    Arancia Yards, the masterplan’s inaugural residential cluster, features 272 residences across three low-rise buildings. The cluster is organized around a 4,200 square metre landscaped sunken garden, with 3,000 square metres of rooftop terraces and more than 2,000 square metres of retail and F&B space at ground level.

    Ramzi Rahal, chief development officer, emphasized the project’s design philosophy. “Arancia is the first expression of The Yards vision, introducing a low-rise, nature-led community designed around wellbeing, connectivity, and everyday quality of life,” he stated.

    The launch reflects continued confidence in Dubai’s growth trajectory, supported by demographic expansion and infrastructure investment. The project adds to BEYOND’s portfolio, which already includes developments on Palm Jumeirah, Dubai Islands, Dubai Maritime City, and Ras Al Khaimah.

    City of Arabia’s positioning as a growth corridor aligns with broader market dynamics. The area is benefiting from improved connectivity and infrastructure development, factors that have historically preceded property value appreciation in Dubai’s emerging districts.

    The Yards marks BEYOND’s strategic diversification into inland Dubai, complementing the developer’s established waterfront presence. The focus on low-rise, landscape-integrated design addresses a segment of the market where premium supply remains limited, as Dubai’s market increasingly attracts long-term investors.

    With 56% of global investors planning increased UAE exposure, developers continue to introduce ambitious projects across multiple segments. The Yards’ emphasis on connectivity and open space positions it to capture demand from both end-users and investors seeking alternatives to high-density corridors.

  • Dubai First-Time Home Buyers Get More Perks Under Expanded Programme

    Dubai First-Time Home Buyers Get More Perks Under Expanded Programme

    The programme, jointly launched by the Dubai Land Department (DLD) and Dubai Department of Economy and Tourism (DET) in July 2025, has already generated more than Dh5 billion in residential transactions and helped over 3,200 residents purchase their first homes. Nearly 45,000 residents have registered in less than a year.

    The latest expansion adds nine new developers: Arada, Dubai World Trade Centre, IRTH Group, Manam, Qube Development, Reportage Properties, SAMANA Developers, Sky View Real Estate and 4Direction Developments. This broadens the range of available homes across different communities, budgets and property types.

    Who Can Apply?

    The programme is open to UAE residents of any nationality who are aged 18 or above, do not own a freehold residential property in Dubai, and are purchasing a property worth up to Dh5 million. Applications can be submitted through the Dubai Land Department website or the Dubai REST app.

    Eligible applicants receive a QR code that unlocks programme benefits with participating developers and banks.

    Key Benefits for First-Time Buyers

    Registered buyers now enjoy advantages generally not available to repeat purchasers:

    • Priority access to new launches: Early access to selected projects before units are released to the wider market
    • Preferential pricing: Exclusive prices on selected units reserved for programme participants
    • Better mortgage terms: Five partner banks offer tailored products with preferential interest rates, reduced fees and faster approvals
    • Lower upfront costs: Interest-free instalment plans on Dubai Land Department registration fees through eligible credit cards
    • Flexible payment plans: Customized payment structures for off-plan purchases, spreading costs over longer periods

    How to Register

    The process remains straightforward:

    1. Register through the DLD website or Dubai REST app
    2. Verify eligibility using Emirates ID and residency details
    3. Receive a First-Time Home Buyer QR code
    4. Use the QR code when engaging with participating developers and banks
    5. Compare eligible properties, financing options and payment plans
    6. Complete mortgage approval and property purchase

    For residents weighing up rising rents against buying a home, the programme offers a clear pathway to ownership. With residential sales through the scheme now exceeding Dh5 billion and developer participation expanding, first-time buyers in Dubai have more options than ever before.

    The initiative aligns with the UAE’s broader effort to encourage long-term residency and homeownership, building on recent measures including expanded VAT refund eligibility for UAE nationals and a sustained focus on investor-friendly regulations.

  • UAE Tops Global Property Investment Rankings, Surpassing U.S. and U.K.

    UAE Tops Global Property Investment Rankings, Surpassing U.S. and U.K.

    A comprehensive global survey commissioned by Arada and conducted by U.S.-based Penta Group has positioned the UAE as the top choice for international property investors, outranking traditional Western markets including France (28%) and Spain (27%).

    The index reveals that familiarity with UAE real estate opportunities stands at 51%, matching levels seen in the U.K. and trailing the U.S. by only two percentage points—a significant indicator of the market’s maturation on the global stage.

    Regional and European Demand Drives Interest

    The UAE’s appeal is particularly pronounced among investors from neighboring markets. The survey found that 91% of Indian investors, 92% of Egyptian investors, and 85% of Saudi investors cited the country as a top-three destination.

    Among European investors, the UAE emerged as the top choice outside their home country for French investors (63%), German investors (60%), and Swiss investors (57%).

    “These findings confirm that despite recent headwinds international investors recognise the UAE’s structural advantages in regulatory maturity, track record of performance, and stable economic fundamentals,” said Ahmed Alkhoshaibi, Group CEO of Arada.

    Returns and Stability Drive Investment Decisions

    Strong potential returns emerged as the primary investment driver globally, cited by 38% of respondents. Australian (57%), Spanish (56%), and British (41%) investors all ranked return potential as their primary consideration.

    For risk-averse investors, safety and stability proved decisive, particularly among Chinese (65%) and German (58%) investors. The UAE’s regulatory framework, political stability, and transparent property laws have established it as one of the world’s most trusted environments for property investment.

    Ease of purchase and ownership was cited by 34% of respondents overall, rising to 57% among Saudi investors and 41% among Egyptian investors—reflecting the UAE’s reputation as a low-barrier, investor-friendly market.

    Infrastructure Investment Reinforces Market Position

    The survey’s release coincides with announcements of record infrastructure investments across the UAE, including the AED34 billion Dubai Metro Gold Line, the world’s first commercial air taxi network, and the AED6 billion Fourth Federal Corridor designed to enhance connectivity between emirates.

    Alkhoshaibi emphasized the nation’s adaptive capacity: “Continued adaptation has been key to the UAE’s rise as a global investment destination – whether it’s the pandemic or the financial crisis, this country has demonstrated time and again that it adjusts fast and better than anywhere else in the world.”

    The findings arrive as Dubai’s property market demonstrates resilience, with off-plan properties continuing to dominate sales activity. Recent data shows off-plan sales accounting for 76% of residential transactions in April 2026, while Abu Dhabi recorded 6.4% price growth in Q1 2026.

    The UAE’s property sector has proven its ability to maintain momentum despite geopolitical uncertainty, positioning the nation as a long-term investment destination rather than a speculative market. With investor confidence backed by robust infrastructure development and regulatory clarity, the Emirates continues to reshape the global real estate investment landscape.

  • ADIB and DAMAC Launch Home Financing Plan with 85% Loan-to-Value

    Abu Dhabi Islamic Bank (ADIB) and UAE real estate developer DAMAC Properties have unveiled a landmark financing solution designed to lower the barriers to homeownership for individuals and families across the Emirates.

    The comprehensive plan provides DAMAC customers with financing of up to 85 percent of the property value on handover, along with subvention equivalent to finance profit charges for up to six months. The offering also waives property valuation fees and includes complimentary property takaful (Shariah-compliant insurance), significantly reducing upfront costs for buyers.

    “True leadership is about anticipating the needs of the people you serve to meet aspiration with opportunity,” said Amira Sajwani, Managing Director of DAMAC Properties. “Through our collaboration with ADIB, we are making homeownership simpler and more affordable to individuals and families. In a world of rapid change, the dream of owning a home should be a constant, so we will continue to build pathways to stability and prosperity to support families in finding a place to call their own.”

    The partnership reflects a shared vision to enhance the homeownership experience and provide flexible financing solutions that support the sustainable growth of the UAE’s real estate sector. It also underscores both parties’ commitment to expanding homeownership opportunities and supporting the long-term stability of residents.

    Amit Malhotra, Global Head of Retail at Abu Dhabi Islamic Bank, described the partnership as “a clear demonstration of ADIB’s commitment to revolutionizing the customer experience as part of its vision for 2035.” He noted that by combining strategic collaborations with leading solutions, such as the bank’s new digital onboarding journey launched in February that reduced home finance application times from days to minutes, ADIB is making its vision of becoming the world’s most innovative Islamic bank a reality.

    The initiative arrives as the UAE removes minimum property value thresholds for residency visas, further opening the market to a broader pool of investors and first-time buyers. Recent data shows that property buyers continue to show strong intent despite expectations of price corrections, with 68% of active seekers planning to purchase within six months.

    The collaboration positions both institutions at the forefront of efforts to support residential ownership in line with the advanced position the UAE real estate market has achieved. By combining high loan-to-value ratios with reduced fees and insurance coverage, the plan addresses key financial obstacles that have traditionally hindered homeownership for many residents.

  • Dubai Property Buyers Show Strong Intent Despite Price Correction Expectations

    Dubai’s property market is witnessing a paradox of strategic confidence: buyers are not retreating as prices soften — they are positioning themselves to act. Property Finder’s March-April 2026 Market Pulse survey of 4,735 respondents shows that 68% of active property seekers intend to purchase within the next six months, even as expectations of price corrections reach their highest level this year.

    The findings reflect a market where demand remains robust, but buyers have become acutely aware of shifting valuations. Buying intent held steady across both months — 68% in March and 67% in April — continuing a pattern of sustained engagement across every Market Pulse edition to date. This consistency underscores long-term confidence in the emirate’s real estate fundamentals, even during periods of price recalibration.

    The more striking shift lies in price expectations. In January-February 2026, sentiment was almost evenly split: 36% expected prices to decrease, 35% anticipated increases, and 29% saw stability ahead. By March-April, that uncertainty had crystallized into a clear consensus. In March, 73% of respondents expected prices to decrease, with only 16% expecting an increase and 11% expecting stability. In April, 70% anticipated a decline, 17% an increase, and 12% stability.

    “Around two thirds of people planning to buy is not a number you see in a market that has lost confidence,” said Cherif Sleiman, Chief Revenue Officer at Property Finder. “What our findings tell us is that Dubai’s property market continues to command genuine, forward-looking conviction. Buyers are not on the fence, they are actively tracking conditions, waiting for the right moment, and ready to move.”

    The alignment between buyer expectations and observed market behavior suggests heightened market literacy among investors. The shift in sentiment coincides with measured pricing adjustments tracked across multiple platforms, indicating that prospective buyers are monitoring data closely and preparing to capitalize on improved affordability.

    This proactive outlook positions the broader sector for a robust period of deal-making as expectations align with real-world price corrections. Rather than signaling retreat, the data reveals a market where purchase demand is holding strong, supported by buyers who see price moderation not as a deterrent, but as an entry point. The trend reflects sustained belief in Dubai’s property infrastructure and long-term appeal, particularly as the emirate continues to attract global capital despite regional geopolitical uncertainty.

    As Dubai’s real estate market enters the summer period, the combination of strategic buyer intent and disciplined price expectations suggests a sector transitioning from peak momentum to calibrated growth — a development that may ultimately reinforce the market’s resilience and maturity as a global investment destination.

  • Dubai South and Majid Al Futtaim Launch Dh62 Billion Mixed-Use Community

    Dubai South and Majid Al Futtaim Launch Dh62 Billion Mixed-Use Community

    The new development will be located near Al Maktoum International Airport in Dubai South, featuring a diverse range of residential, retail, and lifestyle units across 22 million square feet. The project will be anchored by a large shopping mall, marking one of the most significant partnerships in Dubai’s evolving urban landscape.

    A growing number of developers are concentrating on the Dubai South area in anticipation of Al Maktoum International Airport’s opening, which will become the world’s largest airport upon completion.

    “Dubai continues to demonstrate the resilience and strength of its economy through strategic developments that reinforce its position as a global destination for investment, business, and quality living,” said Nabil Al Kindi, Group CEO of Dubai South.

    Ahmed Galal Ismail, CEO of Majid Al Futtaim Holding, emphasized the development underscores the company’s long-term confidence in Dubai’s growth trajectory and its commitment to creating destinations that deliver lasting economic value.

    “Dubai South is emerging as the next major chapter in the city’s development. Dubai continues to set a global benchmark for resilience and ambition, and our collaboration with Dubai South is a strategic investment in the emirate’s future, helping to build its next economic hub through an integrated destination that brings together retail, entertainment, hospitality, and residential experiences within one of Dubai’s fastest-growing urban hubs.”

    Dubai South represents one of Dubai’s largest master-planned urban developments, spanning 145 square kilometres and centred around Al Maktoum International Airport. The strategic location positions the new community within a rapidly expanding economic zone designed to support Dubai’s long-term growth ambitions.

    With owned assets valued at $20 billion, Majid Al Futtaim holds the highest credit rating (BBB) among privately held companies in the region. The company operates 29 shopping malls, including the flagship Mall of the Emirates, Mall of Egypt, and Mall of Oman, as well as the iconic City Centre destinations.

    The announcement comes as Dubai’s property market recorded over Dh180 billion in transactions during the first quarter of 2026, reflecting sustained momentum across multiple sectors. The partnership between Dubai South and Majid Al Futtaim signals continued developer confidence in the emirate’s real estate landscape, particularly in strategically positioned master-planned communities.

    The Dh62 billion investment adds to a series of major announcements that have characterized Dubai’s property sector in recent months, with developers launching projects across the emirate despite regional geopolitical challenges. The scale of the development underscores the strategic importance of Dubai South as a future economic hub, particularly as infrastructure projects such as the $9 billion Gold Line Metro expansion enhance connectivity across the emirate.

  • UAE Property Market Launches 59 Projects Worth Dh118.3 Billion Since Conflict Began

    UAE Property Market Launches 59 Projects Worth Dh118.3 Billion Since Conflict Began

    Based on the latest data from Property Monitor, Matt Gregory, senior director of strategy at Bayut and dubizzle, confirmed the 59 projects represented more than 12,000 units across the UAE launched after the conflict escalated.

    “This continued launch activity reflects sustained developer confidence and the market’s ability to progress despite short-term uncertainty. The total estimated gross sales value (GSV) of all those units launched is Dh118.3 billion,” Gregory said.

    The regional military conflict involving the US, Israel and Iran escalated on February 28, 2026. Following the US-Israel attacks, Iran targeted the UAE and other Gulf countries with missiles and drones.

    The property sector, which was already undergoing a correction phase after a strong five-year rally, came under pressure due to the conflict. However, the market demonstrated resilience and has been recovering since the ceasefire.

    Market Recovery and Engagement Metrics

    According to Bayut and dubizzle Property data, active users rebounded to 85% of the 2026 baseline by day 58 of the conflict, while unique buyers returned to 87%. The recovery was even more pronounced across platform engagement metrics, with impressions reaching 92% of the 2026 baseline, views reaching 89%, and high-intent enquiries recovering to 80%.

    “Periods of uncertainty often reveal the true strength of a market. What we are seeing across our platforms is a measured and confident return of activity, supported by serious buyers, committed agents and increasingly data-led decision-making. The UAE real estate market continues to demonstrate maturity, with users actively engaging with trusted tools such as TruEstimate and Dubai Transactions to understand value, compare opportunities and make better-informed choices. This is exactly the kind of behaviour that supports long-term market stability,” Matt Gregory said.

    Dubai’s Strong Property Interest

    Dubai continued to witness strong property interest across both ready and off-plan segments. In ready sales, communities such as Jumeirah Village Circle, Business Bay, Downtown Dubai, Dubai Marina and Arjan were among the most searched apartment areas. For villas, Damac Hills 2, Dubai Hills Estate, Arabian Ranches 3, Arabian Ranches and Dubai South led buyer interest.

    For off-plan demand, areas such as Majan, Jumeirah Village Circle, Dubai South, Jumeirah Village Triangle and Business Bay stood out for apartments. Villa demand was led by The Oasis by Emaar, The Valley by Emaar, Damac Lagoons, Dubai South and Mohammed Bin Rashid City.

    Rather than seeing stress in specific communities, Bayut and dubizzle data indicated that established residential areas continued to attract strong interest, particularly those with proven lifestyle appeal, mature infrastructure and sustained end-user demand, Gregory said.

    Rental Market Remains Robust

    Data also showed that rental demand remained concentrated in established and emerging family and lifestyle communities. Jumeirah Village Circle, Arjan, Business Bay, Dubai Marina and Meydan ranked among the most popular apartment rental areas. For villas, Damac Hills 2, Dubai South, Mirdif, Arabian Ranches 3 and The Valley by Emaar were among the most searched rental communities.

    The latest findings point to a market that is not only recovering, but doing so with greater reliance on data, transparency and qualified engagement, nearly two months after the onset of the recent regional uncertainty. The data reinforces the underlying resilience of the UAE’s real estate market as new policy measures and infrastructure projects continue to support buyer confidence.

  • UAE’s First Fully Digital Property Auction Closes City Walk Unit in 7 Days

    UAE’s First Fully Digital Property Auction Closes City Walk Unit in 7 Days

    The digital auction platform enabled the sale of a 1,753-square-foot luxury residence in one of Dubai’s most sought-after lifestyle destinations, demonstrating a faster and more transparent alternative to traditional property sales channels.

    The apartment was listed with no reserve price and an opening bid of Dh500,000, attracting strong interest from a global pool of investors who participated in live competitive bidding until the final moment. Throughout the process, participants tracked bid movements transparently through Boli.ae’s proprietary platform, ensuring full visibility and market-driven pricing.

    “The success of this City Walk auction confirms that speed and transparency are now essential standards for real estate investors,” said Imran Agha, CEO of Boli.ae. “We are demonstrating that a technology-first approach can remove friction, eliminate uncertainty, and enable real-time global participation in Dubai’s property market.”

    The platform integrates AI-supported pricing insights and rigorous bidder verification to create a secure auction environment. It reduces transaction timelines from weeks to days while providing publicly visible bid tracking to ensure fair and market-aligned pricing.

    Agha explained that the platform redefines how property value is discovered. “When serious buyers compete within a time-bound digital environment, pricing becomes more accurate and reflective of true market demand. This removes prolonged negotiations and replaces them with clarity and efficiency,” he said.

    Global Model Adapted to Dubai

    Auction-based property sales are widely established in markets including the United Kingdom, Australia, and parts of Asia, where they deliver fair market value within compressed timeframes. Boli.ae has adapted this model to Dubai’s regulatory frameworks and investor behavior, offering homeowners and investors a more predictable, data-driven exit and acquisition strategy.

    Since launch, the Boli.ae mobile application has recorded more than 500 downloads across iOS and Android platforms and maintains a 4.8 rating, reflecting strong early adoption and positive user feedback.

    Structured Benefits Across Stakeholders

    The platform offers distinct advantages for all participants in the real estate ecosystem:

    • Buyers access verified listings with complete pricing transparency and live auctions with zero buyer commissions
    • Sellers skip time-consuming viewings and delays, enabling faster sales through verified, ready-to-bid buyers
    • Brokers benefit from a scalable model allowing property listings without fees, faster closures, and expanded pipelines

    The successful auction arrives as Dubai’s property market demonstrates sustained resilience with buyers prioritizing value and transparency. Recent data shows Dh48 billion in sales across nearly 14,000 transactions in April 2026, underscoring continued investor demand.

    The platform positions itself as a next-generation marketplace designed to deliver secure, transparent, and globally accessible real estate transactions in the UAE, offering an alternative channel as Dubai continues to attract international property investment.

  • Aldar Acquires Dubai Studio City Development for $299.5 Million

    Aldar Acquires Dubai Studio City Development for $299.5 Million

    The transaction marks Aldar’s latest residential-for-rent community in Dubai, reinforcing the developer’s long-term strategy to build a high-quality recurring income portfolio and scale its presence across the emirate.

    Set for completion in 2028, the development will include six mid-rise buildings comprising 312 residential units, alongside a community mall featuring retail, recreational, and F&B concepts. A 16,000 square meter park will provide activity areas, a jogging track, and a playground within the community.

    “Dubai is a priority growth market for Aldar, and this acquisition reflects our belief in the city’s residential market and the central role that institutionally owned, professionally managed rental housing plays in meeting the needs of a growing population,” said Jassem Saleh Busaibe, Chief Executive Officer of Aldar Investment.

    Located in Dubai Studio City, the development benefits from established infrastructure, direct connectivity to Al Qudra Road and Hessa Street, and proximity to key employment and lifestyle hubs including Motor City and Dubai Sports City. The area offers easy access to Dubai Autodrome, Dubai International Cricket Stadium, Dubai Butterfly Garden, and a network of schools and community facilities.

    Busaibe emphasized that Dubai Studio City’s established infrastructure, vibrant community, and strong connectivity make it an excellent location for high-quality, professionally managed living environments.

    “This transaction is the latest step in a deliberate and broadening strategy to build a diversified portfolio of income-generating assets in Dubai, one that we expect to continue growing as the city attracts increasing global interest and talent,” he said.

    The acquisition builds on Aldar’s growing presence in Dubai across multiple asset classes. Aldar Investment’s recurring income portfolio in the emirate now spans residential, commercial, logistics, and mixed-use assets, including a mixed-use joint venture with Expo City Dubai, a landmark commercial tower in DIFC, a Grade A office tower on Sheikh Zayed Road, and logistics assets in National Industries Park and Dubai South.

    On the development side, Aldar’s joint venture with Dubai Holding has delivered strong momentum, with three master-planned residential communities already launched and an expanded pipeline of over 2.3 million square meters of new gross floor area supporting Dubai’s 2040 Urban Masterplan.

    The acquisition comes as Dubai’s property market demonstrates resilience in May 2026, with transactions exceeding Dh10 million surging following the proposed ceasefire between Iran and the US. The emirate’s rental market recorded Dh32.2 billion in contracts during the first quarter of 2026, signaling sustained market stability.

  • Dubai Holding Becomes Emaar Properties’ Largest Shareholder with 29.73% Stake

    Dubai Holding Becomes Emaar Properties’ Largest Shareholder with 29.73% Stake

    The transaction reinforces a long-standing strategic partnership between Dubai Holding and Emaar Properties, one of the Middle East’s largest real estate developers with a diversified portfolio spanning residential, commercial, hospitality and retail assets across multiple continents.

    “The transaction builds on a long-standing strategic partnership and reflects our disciplined approach to capital allocation and long-term value creation,” Dubai Holding stated in an announcement on Tuesday.

    Emaar Properties is listed on the Dubai Financial Market and maintains a well-established footprint across the Middle East, North Africa, Asia and Europe, supported by a robust development pipeline and high-quality recurring income-generating assets.

    Strategic confidence in Dubai’s property sector

    The acquisition represents a strategic investment reflecting Dubai Holding’s confidence in Emaar’s market position, asset quality and long-term growth prospects, as well as in the enduring fundamentals of Dubai’s economy and real estate sector.

    Dubai Holding is a diversified global investment company with investments in more than 30 countries and an extensive portfolio of over AED500 billion worth of assets across key sectors, including real estate, hospitality, entertainment, retail, media and investments.

    The transaction also strengthens the strategic partnership between the two entities, building on multiple existing partnerships and continued collaboration across key joint ventures.

    The move comes as Emaar Properties recorded Dh22.4 billion in property sales during Q1 2026, marking a 16% year-on-year increase driven by sustained demand across both established and newly launched projects in the UAE.

    The consolidation of ownership reflects broader confidence in Dubai’s property market, which has demonstrated exceptional resilience in 2026 despite regional challenges. The emirate’s real estate sector rebounded quickly following recent geopolitical tensions, with digital platform activity recovering to 99% of normal levels within 51 days.

    Dubai Holding’s increased stake in Emaar underscores the strategic importance of the developer to the emirate’s long-term economic vision and the continued attractiveness of Dubai’s property sector to major institutional investors.