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  • Al Maktoum Airport Expansion Drives Southern Dubai Real Estate Growth

    Al Maktoum Airport Expansion Drives Southern Dubai Real Estate Growth

    The future airport is designed to accommodate up to 260 million passengers annually, alongside 12 million tonnes of cargo, five parallel runways and more than 400 aircraft stands. Its first major phase is expected to provide capacity for approximately 150 million passengers a year, making the development one of the largest aviation infrastructure projects globally.

    An AED128 billion airport designed for 260 million passengers is not simply an aviation project. It is the foundation of a new economic center that will influence where companies operate, where employment is created and where future residents choose to live. The most important number for property investors is not passenger capacity alone. It is the scale of business activity, job creation and population growth expected around the airport. As infrastructure and employment move south, residential and commercial demand are likely to follow.

    Loai Al Fakir, CEO of Provident Estate

    New Investment Zones Emerge as Expansion Progresses

    The impact of this expansion on Dubai’s real estate market is expected to extend well beyond the airport boundary. An aviation economic-impact study estimated that construction related to the expansion could contribute approximately AED6.1 billion to Dubai’s GDP in 2030 and support around 132,000 jobs, creating demand for housing, offices, hospitality, retail and community services across nearby locations.

    According to Provident Estate, the emerging investment zone includes Dubai South, Emaar South, Expo City Dubai and Jebel Ali, linking the future passenger and cargo hub with established port infrastructure, free-zone activity, residential communities and global trade routes.

    Dubai South is already recording measurable business growth. The master development attracted 653 new companies in 2025, taking the total number of operating businesses to more than 4,200. New business licenses increased by 65 percent, while the area retained 90 percent of its existing companies.

    Residential real estate demand is also beginning to move alongside commercial activity. Dubai South reported more than AED19 billion in residential sales in 2024, while its South Square development sold out its first tower within three hours, indicating growing demand for early-stage property opportunities close to the future airport.

    Emaar South Becomes Principal Residential Community

    Emaar South is emerging as one of the corridor’s principal residential communities, offering apartments, townhouses and villas alongside an 18-hole championship golf course. Its proximity to Al Maktoum International Airport and Expo City Dubai positions it to attract both long-term investors and end users seeking family-oriented housing within a master-planned environment.

    Expo City Dubai contributes a mixed-use business and residential component, with commercial districts, free-zone operations and new residential neighborhoods helping transform the former Expo site into a permanent urban center.

    Meanwhile, Jebel Ali provides the established trade and logistics base. In the first half of 2025, Jebel Ali Port handled 545,000 vehicles, an increase of 28 percent year on year, while its wider port, free-zone and industrial ecosystem strengthens the connection between sea freight, aviation and logistics activity across southern Dubai.

    Corridor Attracts Multiple Investor Profiles

    The corridor is expected to attract several investor profiles. Wealthy British investors have increased their exposure to Dubai, with U.K. investment in Dubai real estate rising 62 percent year-on-year during Q2 2025. British buyers became the emirate’s largest foreign buyer group during the period, moving ahead of Indian investors, who have historically remained among Dubai’s most active real estate purchasers.

    Indian investors continue to target Dubai for rental income, capital preservation, business access and family relocation, while British and European buyers are increasingly seeking international diversification and long-term exposure to the UAE.

    High-net-worth individuals and family offices may also view Dubai South as an earlier-stage alternative to established prime areas, particularly when building portfolios with longer holding periods.

    Investors are becoming more analytical. They are no longer assessing Dubai South only according to current occupancy or today’s rental returns. They are studying where infrastructure, jobs and population will be concentrated over the next five to ten years. British and Indian buyers remain important, but their investment objectives vary. International investors may be seeking early positioning and capital appreciation, while UAE-based buyers are often considering mortgage affordability, family use and future rental demand. Dubai South and Emaar South can appeal to both groups.

    Mohammad Jaafari, Off-Plan and Operations Director at Provident Estate

    He added that the airport will be a major catalyst, but proximity alone does not guarantee investment performance. Developer strength, project delivery, future supply, property type and community maturity will determine which assets convert infrastructure growth into sustainable value.

    The expansion of Al Maktoum International Airport is therefore creating more than a new aviation hub. Combined with Dubai South, Emaar South, Expo City Dubai and Jebel Ali, it is establishing a connected economic and residential zone that could shape Dubai’s next decade of real estate demand.

    The strategic alignment of aviation capacity, logistics infrastructure, employment growth and residential supply across southern Dubai marks a significant shift in the emirate’s spatial development. As this corridor matures, its influence on property values, urban planning and investor strategy is expected to intensify through 2030 and beyond.

  • Dubai Property Market Stabilizes as Price Declines Ease in Q2 2026

    Dubai Property Market Stabilizes as Price Declines Ease in Q2 2026

    The Dubai real estate market has entered a crucial phase of post-conflict stabilization, marked by an easing of residential price corrections alongside sustained expansion across the commercial and industrial sectors.

    The ValuStrat Price Index (VPI) recorded a monthly decline of just 2 percent in April, a marked improvement from March’s 6 percent contraction, followed by more modest declines of 1 percent in both May and June. The trend suggests that the pace of house price declines eased considerably during the second quarter, pointing toward gradual market stabilization.

    Residential Values Adjust Amid Market Rebalancing

    Dubai’s freehold residential ValuStrat Price Index fell 4 percent quarter-on-quarter and 10 percent since the start of the conflict, reaching 220 points, broadly unchanged from 219.8 points a year earlier. All values are benchmarked to a Q1 2021 base of 100.

    The weighted average capital value of a typical Dubai villa reached AED13 million, up 2 percent from AED12.78 million a year earlier, while apartment values averaged AED1.79 million, down 3 percent annually from AED1.85 million.

    The villa index declined 4.2 percent quarter-on-quarter to 293.7 points, with most villa communities remaining stable and none recording growth. Selected communities saw downward value adjustments, including quarterly declines of up to 11 percent on Palm Jumeirah.

    Apartment values declined 3.7 percent quarter-on-quarter, bringing the index to 169.1 points. Quarterly gains were recorded in International City (2.4 percent), Dubai Sports City (1.4 percent) and Al Quoz Fourth (1.1 percent), while other apartment communities posted declines of up to 13.2 percent over the quarter.

    Meanwhile, office capital values resumed their growth trajectory in Q2 2026, supported by improving market sentiment and a limited pipeline of new supply. Dubai’s industrial property sector maintained its upward momentum, underpinned by resilient demand for logistics space and the continued expansion of e-commerce activity.

    Prime Properties Record Mixed Performance

    Dubai’s prime and high-end residential real estate segment recorded slightly stronger annual capital growth in Q2, driven primarily by continued villa price appreciation over the past year. However, prime residential prices declined for a second consecutive quarter, suggesting that the upper end of the market is beginning to stabilize after an extended period of strong growth.

    The segment’s ValuStrat Price Index reached 234 points in Q2 2026. Prime property values rose 1.1 percent year-on-year but fell 4.5 percent quarter-on-quarter. The prime villa sub-index reached 325.3 points, up 7.1 percent annually, though down 2.7 percent over the quarter.

    Premium apartments recorded more subdued performance, with values declining 4.9 percent year-on-year and 6.4 percent quarter-on-quarter, bringing the index down to 178.3 points.

    Record Supply Pipeline Expected to Reach 129,066 Units

    The residential supply pipeline for 2026 is estimated at a record 129,066 units, comprising approximately 82 percent apartments and 18 percent villas and townhouses. However, given persistent construction delays, these projections remain subject to downward revisions, consistent with trends observed in previous years.

    Total estimated completions as of the second quarter stood at 15,039 apartments and 5,218 villas, equivalent to 15 percent of preliminary estimates for the whole of 2026.

    In Q2 2026, villa completions were led by 2,179 homes in DAMAC Lagoons and 614 homes in Jebel Ali Village. Apartment deliveries were concentrated in Jumeirah Village Circle with 1,273 units, Sobha Hartland with 965 units, and Dubai Creek Harbour with 794 units.

    Key building completions during the quarter included Samana Santorini with 157 apartments, Ellington House II in Dubai Hills with 166 properties and Regalia in Business Bay with 913 units.

    The stabilization comes as rental contract activity hit record levels and UAE property markets mature across the Emirates. The residential market’s recovery trajectory aligns with broader indicators suggesting Dubai’s property sector is transitioning from correction to consolidation, supported by sustained demand across commercial and industrial segments.

  • Dubai Rental Market Records Highest Monthly Activity with 40,022 Contracts in June

    Dubai Rental Market Records Highest Monthly Activity with 40,022 Contracts in June

    Dubai’s rental market reached a historic milestone in June 2026, recording 40,022 rental contracts—the highest monthly figure ever registered in the emirate—driven by sustained population growth, business expansion, and the continued arrival of international companies and skilled professionals.

    According to W Capital Real Estate Brokerage, the June performance reflects a more mature and structurally stronger rental market supported by genuine housing demand rather than speculative investment activity, underscoring Dubai’s evolution as a global hub for living, working, and long-term residency.

    New rental contracts surged 48.6% year-on-year to 19,245, while renewal contracts rose 28.5% to 20,777, demonstrating both the continued influx of new residents and strong tenant retention across the emirate.

    “Crossing the milestone of 40,000 rental contracts in a single month is far more than a record-breaking achievement. It is a clear indication that Dubai has evolved into a fully integrated destination for living, working and investing, reinforcing the long-term sustainability of its real estate market,” said Walid Al Zarooni, Chairman of W Capital Real Estate Brokerage.

    The record rental activity coincided with robust sales performance, as Dubai registered 13,933 property transactions worth AED33.2 billion ($9.04 billion) in June, bringing total first-half sales to AED286.2 billion ($77.88 billion).

    Al Zarooni noted that the simultaneous strength in both rental and sales markets reflects a healthier market structure where investment demand is increasingly supported by real housing needs, stronger demographics, and business growth rather than short-term speculation.

    The company highlighted the positive impact of the Dubai Land Department’s “Easy Rental” initiative, which introduced flexible monthly payment solutions through partnerships with 11 real estate companies, making rental payments more accessible while improving market efficiency and the landlord-tenant relationship.

    Market data for the first half of 2026 showed 118,385 new rental contracts signed, compared with 135,607 renewals, while canceled contracts declined by 25%, reflecting stronger confidence between landlords and tenants and a more stable leasing environment overall.

    Al Zarooni also pointed to Dubai South’s position as the city’s most active real estate district for the fourth consecutive month, describing it as clear evidence of the government’s long-term urban development strategy and the growing importance of emerging communities supported by world-class infrastructure and logistics.

    He added that Dubai is now home to more than 10,000 licensed real estate offices, illustrating the scale, maturity, and professionalism of the sector under a transparent regulatory framework that protects all market participants.

    “The rental market has become one of the strongest indicators of Dubai’s economic health. Investors may purchase properties, but sustained rental demand reflects genuine end-user activity that supports market stability and reduces reliance on short-term speculation, creating a more balanced and resilient growth model,” Al Zarooni concluded.

    The June milestone comes as the broader UAE property market shows signs of maturation, with ready-home transactions surging 46.8% month-on-month in June despite continued price moderation, pointing to a rebalancing toward occupancy-driven demand across the region.

  • Dubai Ready-Home Transactions Surge 46.8% in Strongest Monthly Rise Since 2023

    Dubai Ready-Home Transactions Surge 46.8% in Strongest Monthly Rise Since 2023

    The emirate’s residential market recorded robust transaction activity in June even as the ValuStrat Price Index edged down to 220 points from 222.1 in May, bringing the cumulative decline in values since February 28 to 10%.

    Annual price growth remained broadly stable at 0.1%, with villa values easing to 293.7 points and apartment values slipping to 169.1 points against a January 2021 base of 100.

    Off-Plan Dominates Market Activity

    Registration for Oqood, Dubai Land Department’s official system for off-plan properties, rose 32% month-on-month and accounted for 75% of all residential sales in June, though registrations were 16% lower on an annual basis.

    The top property developers by transaction volume were Azizi (28.6%), Damac (7%), Binghatti (6.8%), Emaar (6.6%), Nakheel (3.8%), and Ellington (3.6%). Leading off-plan locations included Azizi Venice (26.1%), Dubailand Residence Complex (4.3%), Jumeirah Village Circle (4.1%), Jumeirah Islands (3.2%), and Majan (2.9%).

    Ultra-Prime Segment Remains Active

    A total of 19 ready-property transactions exceeded Dh30 million in June, including five deals priced above Dh50 million. These ultra-prime sales were concentrated across Palm Jumeirah, Dubai Hills Estate, Emirates Hills, Al Barari, Jumeirah Islands, Downtown Dubai, and DIFC.

    Villas and Apartments Show Mixed Performance

    Villa capital values declined 1.2% month-on-month, while apartment values dropped 0.6%. On an annual basis, the strongest villa gains were recorded in Jumeirah Islands (17.9%), Emirates Hills (10.7%), The Meadows (10%), The Villa (7.8%), and Mira (5.7%).

    However, declines were seen in Mudon (-5%), Victory Heights (-4%), International City (-3.2%), and Dubai Hills Estate (-2.8%). None of the villa communities tracked by the VPI posted monthly gains in June.

    Dubai’s older freehold villa communities are now valued 188% above post-pandemic levels and 76% above the 2014 market peak.

    The apartment VPI was down 3% year-on-year. DIFC led annual gains at 8.1%, followed by Dubai Sports City (6.6%), Dubai Silicon Oasis (6.4%), and Al Quoz Fourth (6%). By contrast, Burj Khalifa (-16.7%), Jumeirah Beach Residence (-13%), and Town Square (-5.7%) posted the sharpest annual declines.

    International City Phase 2 (0.1%) was the only community to register a marginal monthly gain. Overall, older freehold apartment prices remain 70% above post-pandemic levels but 8% below the 2014 market peak.

    The June performance comes as the UAE property market enters a mature phase, with investor sentiment remaining broadly positive despite continued appetite for premium assets and waterfront developments.

  • UAE Property Markets Moderate as Growth Cycle Matures Across Emirates

    UAE Property Markets Moderate as Growth Cycle Matures Across Emirates

    After several years of exceptional growth, the UAE residential property market is showing signs of entering a more mature phase of the cycle. While demand remains broadly resilient and annual price growth continues across most markets, recent data suggests that the rapid pace of capital appreciation witnessed since the pandemic is beginning to moderate.

    The first quarter of 2026 has highlighted an increasingly divergent landscape across the country’s major residential markets. Dubai appears to be transitioning from expansion to stabilization; Abu Dhabi continues to benefit from a delayed recovery cycle; and Ras Al Khaimah is experiencing a gradual easing of growth after two years of strong gains.

    Dubai: From Rapid Expansion to Market Stabilization

    Dubai’s residential market entered 2026 with considerable momentum. January and much of February continued the growth trajectory established over recent years, supported by strong population growth, investor confidence, and a persistent imbalance between housing demand and available supply.

    However, conditions shifted noticeably during March. A combination of geopolitical tensions in the region, the holy month of Ramadan, Eid holidays, increased remote working and homeschooling, and periods of adverse weather contributed to softer market activity.

    According to the ValuStrat Price Index (VPI), Dubai’s freehold residential market recorded annual growth of 8.9 percent during the first quarter of 2026. Despite this positive yearly performance, the index declined by 3.8 percent during the quarter, falling to 229.2 points and marking the first quarterly contraction since 2020.

    The moderation became more evident during the second quarter. In April, the VPI fell to 224.9 points, representing a monthly decline of 1.9 percent, significantly less severe than March’s 5.9 percent contraction. Annual growth remained positive at 5.3 percent, indicating that the market correction was occurring from a position of strength rather than weakness.

    By May, further signs of stabilization emerged. The VPI declined by a more modest 1.2 percent to reach 222.1 points, while annual growth slowed to 2.5 percent. Villa values eased to 297.3 points and apartment values to 170 points, both benchmarked against a base of 100 in January 2021.

    Importantly, rental market performance tells a different story. Residential rents have largely stabilized over the past six months, with apartments and villas recording only modest annual growth. Rather than signaling weaker demand, this trend appears to reflect growing affordability constraints as housing costs have risen substantially over recent years.

    Supply remains a critical factor supporting the market. Despite ambitious development pipelines, supply chain disruptions and rising construction costs continue to constrain delivery timelines. Approximately 7,400 homes were completed during the first quarter of 2026, representing only 6 percent of the preliminary annual completion target.

    Abu Dhabi: Growth Cycle Still Has Room to Run

    In contrast to Dubai, Abu Dhabi’s residential market continued to accelerate during the first quarter of 2026.

    The capital city’s property recovery started later than Dubai’s, placing it at a different point in the cycle. More accessible price points, combined with improving economic fundamentals and growing end-user demand, have continued to support capital value growth.

    The ValuStrat Price Index for Abu Dhabi’s freehold residential market rose to 148 points during Q1 2026, recording quarterly growth of 6.4 percent and annual growth of 17.8 percent. This represented a clear acceleration compared with previous quarters.

    Demand has been particularly strong for strategically located communities offering ready apartments at relatively affordable price points. Consequently, apartment values outperformed villas by a considerable margin.

    Apartment values surged by 10.4 percent during the quarter and 22.7 percent annually, pushing the apartment VPI to 143.4 points. Villa values increased by 2.7 percent quarterly and 13.4 percent annually to reach 152.7 points.

    Supply additions remain relatively limited compared to demand growth. During the first quarter, Abu Dhabi recorded the completion of 2,018 apartments and 392 villas, representing just 13.1 percent of the year’s anticipated residential pipeline.

    Ras Al Khaimah: Growth Slows but Remains Positive

    Ras Al Khaimah’s residential market remains one of the UAE’s most closely watched emerging property sectors, particularly following increased investor interest driven by tourism, infrastructure investment, and major development announcements.

    The ValuStrat Price Index for Ras Al Khaimah’s freehold residential market reached 124.1 points in Q1 2026, remaining stable every quarter while recording annual growth of 9.3 percent. Although healthy by most standards, this marked the slowest annual growth rate recorded over the past two years.

    Villa capital growth continued its gradual deceleration, slowing from 10.4 percent annually in Q4 2025 to 7.4 percent in Q1 2026. Apartment values also experienced softer growth, increasing by 10.3 percent annually while remaining stable during the quarter.

    These figures suggest that certain communities may be approaching pricing ceilings after a period of rapid appreciation. Nevertheless, the emirate continues to offer comparatively attractive entry points relative to Dubai and Abu Dhabi, preserving its appeal among investors and owner-occupiers seeking affordability.

    Outlook: Flattening Rather Than Falling

    Looking ahead, the most likely scenario for the UAE residential market appears to be one of stabilization rather than correction.

    Dubai’s market cycle was already approaching a potential peak before regional geopolitical tensions introduced a temporary shock to sentiment. Since then, the pace of value declines has eased significantly, suggesting that the market is absorbing the disruption. Given continued supply constraints and strong demographic fundamentals, widespread price declines appear unlikely.

    Abu Dhabi’s trajectory differs somewhat. Having entered its recovery phase later, the market retains greater potential for additional growth. Nevertheless, the exceptionally strong gains recorded over the past 18 months are unlikely to continue indefinitely, and signs of moderation are already becoming visible.

    Meanwhile, Ras Al Khaimah and the northern emirates are expected to continue benefiting from their affordability advantage. However, after several years of rapid appreciation, selected communities may increasingly transition towards stability as prices approach local affordability limits.

    The broader picture remains encouraging. While the era of extraordinary post-pandemic growth may be drawing to a close, the UAE residential market appears to be entering a more sustainable phase characterized by balanced growth, constrained supply, and resilient long-term demand fundamentals.

    “The UAE residential market appears to be entering a more sustainable phase characterized by balanced growth, constrained supply, and resilient long-term demand fundamentals.” — Haider Tuaima, Managing Director and Head of Real Estate Research at ValuStrat

  • Azizi Developments Seeks 4,000 Subcontractors for UAE Construction Pipeline

    Azizi Developments Seeks 4,000 Subcontractors for UAE Construction Pipeline

    The Dubai-based private developer announced the large-scale subcontractor drive as part of efforts to reinforce construction capabilities and maintain delivery momentum across multiple ongoing developments in the emirate.

    The procurement initiative targets four core construction trades, with Azizi seeking 1,000 subcontractors in each category: tile installation, blockwork, plastering, and painting (supply and apply). The company emphasized that the drive aims to support qualified contractors while ensuring timely project completion across its growing portfolio.

    “The large-scale initiative underscores the company’s continued construction momentum and long-term commitment to delivering projects on schedule while expanding opportunities for contractors across the UAE’s thriving construction sector,” Azizi stated in the announcement.

    Qualified subcontractors with relevant experience and capabilities are invited to participate in the prequalification process by contacting [email protected], calling +971 52 332 1624, or visiting the company’s dedicated subcontractor portal.

    The procurement drive reflects broader activity across Dubai’s construction sector, which has been operating at elevated capacity following record development launches. Dubai registered over $75 billion in new project launches during the first half of 2026, putting pressure on contractor availability and specialist trade capacity.

    Azizi Developments has been among the most active private developers in Dubai’s residential market, with multiple projects under construction across Dubai South, MBR City, and other emerging communities. The company’s expansion comes as Dubai’s property market recorded $77.88 billion in sales during the first half of 2026, the second-highest half-year performance in the emirate’s history.

    The initiative also signals continued confidence in the UAE’s construction pipeline, as developers race to meet housing demand driven by population growth and sustained foreign investment inflows into the property sector.

  • Dubai Posts Second-Highest Half-Year Real Estate Sales at $77.88 Billion

    Dubai Posts Second-Highest Half-Year Real Estate Sales at $77.88 Billion

    The sales figures included 71,500 residential unit deals, 7,296 building transactions, and 7,129 land sales, falling just short of the record AED326.6 billion achieved in the first half of 2025.

    Sales of ready-built properties accounted for the largest share of total sales, topping AED146.7 billion through 27,200 transactions, comprising 18,300 residential units, 1,738 buildings, and 7,135 land plots. Off-plan property sales reached AED139.8 billion through 58,800 transactions, divided into 53,270 residential units and 5,563 buildings.

    The value of mortgage transactions exceeded AED102 billion through more than 22,000 deals in the first half of 2026, while gift transactions amounted to AED31.4 billion through 4,501 transfers.

    The total value of real estate transactions in Dubai during the first six months reached approximately AED419.94 billion through 112,850 transactions. In the second quarter alone, sales exceeded AED110 billion from 38,300 deals, with mortgages totaling AED42.6 billion and gifts reaching AED16 billion.

    “The results achieved by Dubai’s real estate market during the first half of 2026 confirm the sector’s resilience and ability to continue growing,” said Walid Al Zarooni, W Capital CEO. “Recording the second-highest half-year sales in the market’s history, despite being compared to an exceptional year like 2025, reflects the continued genuine demand for real estate, the high levels of confidence among local and international investors, and the strong economic fundamentals underpinning the market.”

    Al Zarooni emphasized that the record performance is no longer a temporary phenomenon, but rather a reflection of a sustainable growth trajectory supported by an ambitious government vision, a flexible legislative framework, world-class infrastructure, a competitive tax environment, and the continued development of high-quality projects that meet the needs of various investor segments.

    These factors have made Dubai one of the most attractive and stable real estate destinations globally, enhancing its ability to attract capital and high-net-worth individuals from various markets, he added.

    Looking ahead to the second half of 2026, Dubai’s real estate market holds very positive indicators, given the continued population growth, rising demand for residential units, the expansion of international companies establishing their headquarters in Dubai, and the ongoing launch of new world-class projects.

    Al Zarooni noted that the improvement in global geopolitical conditions and the easing of tensions compared to the past will boost investor confidence and increase global investment appetite, which will positively impact markets characterized by stability and transparency, foremost among them Dubai.

    “All current indicators point to continued strong market performance in the second half of the year, with the potential to reach new record levels in real estate sales and transactions,” Al Zarooni stated.

    The performance aligns with broader trends across the UAE property sector, where large-scale land transactions and record project launches have characterized the first half of the year. Meanwhile, high-supply communities are beginning to offer tenants more negotiating power as delivery volumes rise in select areas.

    Supported by robust economic growth, continued foreign direct investment inflows, sustained expansion in non-oil sectors, and increasing population numbers, 2026 is positioned to be among the best years in the history of Dubai’s real estate market, according to W Capital.

  • Imtiaz Breaks Ground on Dh600m Sea Cliff Residence on Dubai Islands

    Imtiaz Breaks Ground on Dh600m Sea Cliff Residence on Dubai Islands

    Imtiaz Developments held a groundbreaking ceremony for Sea Cliff by Imtiaz on June 30, 2026, with CEO Masih Imtiaz and the company’s executive leadership team in attendance. The premium waterfront project reinforces the developer’s position as one of the earliest private investors on Dubai Islands.

    “Our vision has always been to identify destinations with long-term potential before they become mainstream,” said Masih Imtiaz. “Dubai Islands represents exactly that opportunity. We believed in its future from the very beginning and invested with conviction.”

    The Dh600 million development features one-, two-, and three-bedroom residences, along with exclusive four-bedroom duplex homes designed for refined coastal living. Interiors have been curated with world-renowned brands including Hermès, Villeroy & Boch, and Miele, combining exceptional craftsmanship with premium materials and timeless design.

    Sea Cliff Residence offers residents access to signature lifestyle amenities including an infinity swimming pool, open-to-sky garden seating, outdoor cinema, pavilion clubhouse, outdoor gym, and yoga zone. The project is scheduled for handover in the first quarter of 2028.

    Imtiaz Developments has established one of the most extensive private development portfolios on Dubai Islands since entering the market at an early stage. The company successfully handed over Beach Walk by Imtiaz, the first completed residential development on the islands, and achieved a record-breaking Dh2 billion sell-out on launch day with RAW District by Imtiaz.

    The groundbreaking comes as Dubai expands its waterfront offerings under the Dubai 2040 Urban Master Plan. The Sea Cliff project adds to a development pipeline that has seen Dubai register over AED275 billion in new launches during the first half of 2026.

    With more than 22 developments valued at over Dh15 billion on Dubai Islands, Imtiaz Developments continues to play a leading role in shaping the waterfront destination through timely delivery, thoughtful design, and long-term investment as the area evolves into a world-class residential, hospitality, and leisure hub.

  • Dubai Real Estate Launches Hit Record $75 Billion in First Half of 2026

    Dubai Real Estate Launches Hit Record $75 Billion in First Half of 2026

    The value of new real estate projects in Dubai has exceeded AED275 billion ($74.88 billion) since the beginning of 2026, reflecting continued exceptional momentum in the sector and reinforcing the emirate’s entry into the largest half-year cycle of new real estate project launches in its history.

    A recent report by W Capital Real Estate Brokerage stated that the total value of new and announced real estate projects in the first half of this year exceeded AED275 billion. This includes 250 new real estate projects launched and registered with the Dubai Land Department by the end of May, valued at nearly AED75 billion, as well as the mega-project announced by Emaar Properties in June, valued at up to AED200 billion.

    The projects launched during the first five months of the year comprise approximately 59,400 residential units and 10,800 villas, reflecting the continued focus on the residential sector as the primary driver of real estate growth in Dubai, supported by strong demand from local and international buyers and investors.

    Historical comparisons indicate that Dubai witnessed the launch of 648 new real estate projects by 258 developers in 2025, encompassing over 167,000 residential units with an estimated value of approximately AED463 billion. This compares to 145,000 units valued at AED360.1 billion in 2024, representing a 15.2 percent increase in the number of units and a 28.4 percent increase in the total project value.

    Apartments continued to dominate the new supply last year, accounting for approximately 88.8 percent of all units offered. Meanwhile, villas and townhouses saw significant growth in total value, driven by increased demand for integrated residential communities and low-density projects.

    Confidence remains strong among developers and investors

    In a statement, Al Zarooni, W Capital CEO, said that the figures recorded in the first half of the year reflect strong confidence in Dubai’s real estate sector among both developers and investors. He emphasized that the emirate has successfully established itself as one of the most active and attractive global real estate markets.

    “The fact that the value of new and announced projects has reached nearly AED300 billion in less than six months is an exceptional indicator reflecting the strength of genuine demand for real estate in Dubai, rather than mere development activity driven by expectations,” said Al Zarooni.

    He also noted that Dubai’s real estate market has become more mature and better able to absorb new projects compared to previous years, thanks to the development of the regulatory environment, enhanced transparency and an advanced legislative framework that protects the rights of both investors and developers.

    Dubai on track to post new record high

    Al Zarooni explained that the current pace of launches puts Dubai on track to record one of its biggest years in history in terms of the value of new real estate projects. He predicted that the value of projects launched this year will surpass last year’s levels if the pace of major project announcements continues into the second half of 2026.

    He emphasized that current indicators reflect Dubai’s transformation into a global hub for attracting real estate capital, at a time when many international markets are experiencing a slowdown or a state of anticipation. He noted that the emirate continues to benefit from its position as a safe destination for investment, living and working, which is directly reflected in the strength of demand and the continued launch of new projects.

    The surge in project launches comes alongside other market developments, including Dubai’s Flexi Rents initiative introduced in June 2026 to ease financial pressure on tenants, and follows projections that Dubai’s real estate market will attract over AED1 trillion ($272.3 billion) in new projects over the next five years.

    “What we are witnessing today is not just cyclical growth, but a new phase of real estate development based on sustainable demand and long-term growth. This gives the market strong momentum and promising opportunities for developers and investors in the coming years,” Al Zarooni concluded.

  • Nakheel Releases 222 Beachfront Homes on Palm Jebel Ali

    Nakheel Releases 222 Beachfront Homes on Palm Jebel Ali

    The new release comprises homes across three low- to mid-rise residential buildings, including one- to four-bedroom apartments and four- to five-bedroom townhouses. All units will have direct beach access, with selected duplex residences featuring double-height living areas and large terraces.

    Residents will have access to amenities such as a fitness centre, games room, children’s club, swimming pools, landscaped outdoor spaces, and sports courts. As part of the wider masterplan, Palm Jebel Ali will include a 9,000-square-metre retail centre and the Palm Jebel Ali Friday Mosque, which will accommodate up to 1,000 worshippers.

    Spanning 13.4 kilometres, Palm Jebel Ali consists of seven interconnected islands and over 90 kilometres of coastline. The development is part of Dubai’s long-term urban expansion plans under the Dubai 2040 Urban Master Plan and the Dubai Economic Agenda D33.

    “This next phase of Palm Central Private Residences builds on that momentum, offering a new benchmark for beachfront living while reinforcing our commitment to shaping world-class communities that contribute meaningfully to Dubai’s future growth,” said Khalid Al Malik, CEO of Dubai Holding Real Estate.

    Al Malik said demand for Palm Jebel Ali reflects continued investor confidence in Dubai’s property market and the emirate’s long-term growth prospects.

    The latest release comes as Palm Jebel Ali prepares for first handovers later this year, with construction advancing across key residential areas following more than Dh8.5 billion in contracts awarded since 2024. The project aligns with broader market momentum, as Dubai’s property sector is projected to attract over $272 billion in new developments over the next five years.