Tag: W Capital

  • 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.

  • 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.

  • Dubai Real Estate to Attract $272 Billion Over Next Five Years

    Dubai Real Estate to Attract $272 Billion Over Next Five Years

    W Capital Real Estate has projected that the total value of new projects launched or developed in Dubai will surpass AED1 trillion ($272.3 billion) over the next five years, reflecting sustained momentum across the emirate’s property sector.

    The outlook is underpinned by strong population growth, continued inflows of foreign investment, and a steady pipeline of mega-project announcements from leading developers, reinforcing Dubai’s position as one of the world’s most dynamic property investment hubs.

    New Phase of Urban and Investment Expansion

    Walid Al Zarooni, CEO of W Capital Real Estate, affirmed that Emaar’s AED200 billion development announcement clearly indicates that the market is moving toward a new phase of urban and investment expansion, reinforcing expectations of continued mega-project launches in the future.

    Al Zarooni said that the company’s estimates are based on projects announced by major real estate developers, project launch rates over the past years, and development plans linked to Dubai’s economic agenda and the emirate’s D33 population and urban growth targets, which support continued demand for various types of real estate assets.

    He noted that Dubai’s real estate market is witnessing a qualitative shift in the nature of projects offered. It is no longer limited to traditional residential complexes but now includes integrated cities, mixed-use projects, business centers, and community projects that rely on the latest sustainability concepts and smart infrastructure, reflecting the evolving needs of both investors and residents.

    Population Growth and Infrastructure Drive Demand

    The rapid population growth, along with Dubai’s ability to attract global talent, entrepreneurs, and investors, is a key driver of real estate demand across residential, commercial, and hospitality segments. This trend is giving developers greater clarity and confidence to expand and pursue long-term project development.

    Al Zarooni further highlighted that Dubai’s advanced regulatory framework, modern infrastructure, economic stability, and overall resilience have strengthened its status as one of the world’s most attractive real estate destinations, allowing it to continue drawing capital and long-term investment despite broader global economic and geopolitical uncertainty.

    Dubai is well-positioned to maintain its leadership in regional real estate growth, noting that the wave of recently announced mega-projects underscores strong confidence from both developers and investors in the emirate’s long-term outlook.

    He also pointed out that ongoing large-scale infrastructure developments, including enhancements to transport and service networks, are expected to further boost the real estate sector. These initiatives are set to unlock new urban districts and generate a wider range of investment opportunities in the years ahead.

    Al Zarooni concluded that these developments mark the start of a new phase of urban expansion, with expected projects set to exceed AED1 trillion in total value over the next five years.

    The projection comes as Dubai continues to demonstrate market resilience, with neighboring Sharjah recording strong property performance and Abu Dhabi approving major developments across the UAE.