Author: Victoria Dickinson

Dubai’s real estate market showed impressive growth in September 2025, reaching sales worth AED54.3 billion ($14.8 billion), according to new data from Kelt and Co Realty. The emirate recorded 20,127 property transactions, marking an 11.3% increase compared to September 2024. The sharp rise was largely driven by apartment and plot sales, while villa transactions declined compared to last year. Apartments dominated the market with 17,112 deals worth AED31.8 billion ($8.7 billion). Plot sales also surged, with 1,545 transactions worth AED15.7 billion ($4.3 billion), reflecting growing interest in long-term development projects. In contrast, villa sales dropped significantly to 955 deals worth…

The United Arab Emirates has cemented its reputation as one of the world’s leading tourism destinations after achieving remarkable growth across travel, hospitality, and aviation in 2024. According to official figures, the sector contributed AED257.3 billion ($70.1 billion) to the national economy, representing 13% of GDP — a 3.2% increase from 2023 and an impressive 26% above pre-pandemic levels in 2019. The announcement comes ahead of World Tourism Day on September 27, with Abdulla bin Touq Al Marri, Minister of Economy and Tourism and Chairman of the Emirates Tourism Council, highlighting these achievements as key milestones in the UAE’s long-term…

When most people think of Abu Dhabi, they picture the majestic Sheikh Zayed Grand Mosque, an architectural masterpiece that welcomes millions of visitors every year. But beyond its stunning landmarks, Abu Dhabi holds stories and achievements that many don’t know—making it one of the most fascinating capitals in the world. For example, Abu Dhabi is home to Louvre Abu Dhabi, the first universal museum in the Arab world, showcasing priceless works from across civilizations. Its design blends futuristic architecture with Arabian inspiration, symbolizing the city’s role as a cultural bridge between East and West. The capital is also leading the…

Abu Dhabi is preparing to host one of the most awaited crypto events of the year as the Bitcoin MENA Conference 2025 will take place on December 8 9 at the ADNEC Centre. BTC Media, in collaboration with ADNEC Group, aims to bring together the most well recognized professionals, hands on workshops and the newest digital assets exhibitions that will unlock the innovation of digital assets in the Middle East marketing faster. Leading this year is Michael Saylor, Co-Founder and Executive Chair, Strategy (formerly MicroStrategy) appearing at the Bitcoin conference in the region, the first time. Most notably, Saylor is…

American reality TV star and entrepreneur Kim Kardashian is bringing her fashion brand Skims to the Middle East, with the first regional boutique set to open in Dubai’s Mall of the Emirates later this year. An official launch date has yet to be announced, according to Arab News. The Mall of the Emirates—famed for its indoor ski slope—is among Dubai’s most prestigious retail destinations. Until now, Skims products were available in the Gulf mainly online and through select retailers like luxury e-commerce platform Ounass. The UAE’s booming retail sector offers an attractive stage for celebrity-led brands. With 11 million residents…

According to the recently published report, the luxury real estate market of Dubai recorded the best ever half-year result with 3,731 properties being sold at a price greater than AED 10 million ($2.72 million) in the first half of 2025 representing an increase of 62.7 percent year-on-year growth. Affirming this is the report issued by Engel & Vlolkers Middle East which states that Dubai has been creating more opportunities in the luxury real estate sector than the rest of the international cities globally; and market confidence has increased and the acquisition of more people willing to invest in luxury real…

Luxury real estate market Dubai recorded the highest amount in quarter 2 of 2025 and sales of properties worth more than $10 million were valued at $2.6 billion, according to global consultancy Knight Frank. That is a 37 percent increase compared to Q1 of $ 1.9 billion and a 63 percent rise compared to Q2 of 2024. There were 143 ultra-luxury homes sold in the period between April and June 2025, with 22 properties with over $25 million. Palm Jumeirah recorded the highest transactions of luxuries by 28 followed by La Mer with 23 and the Downtown Dubai had 16.…

The government in Dubai has introduced to enhance real estate purchase by the first time buyer and this has made property acquisition easier among the UAE residents. The programme was announced by the Dubai Land Department (DLD), the department of economy and tourism on July 2, 2025. All UAE residents aged 18 years or above and have not before owned a house in Dubai are open to it. This program is crafted in partnership with more than 13 property developers, five leading financial institutions, and other partners and is designed to provide specific benefits to the residents so that they…

In 2024, the UAE has been ranked as one of the leading investment destinations globally in the UNCTAD World Investment Report 2025 with an bringing AED167.6 billion ($45.6 billion) of foreign direct investment (FDI) and ranked number 1 among the GCC countries and 23rd globally. This astronomical 48 per cent leap in a year makes it rank among the top 10 countries in world with the number being 10 and 37 per cent of all FDIs into the Middle East region grasping at the prospects of the economy of UAE. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President,…

The tokenised real estate market in Dubai is red hot, with the recent project on the PRYPCO Mint platform selling out in one minute and 58 seconds, becoming the new record of digital property investment in the emirate. The Dubai Land Department (DLD) stated that the project saw the participation of 149 investors representing 35 countries, which indicates the growing status of Dubai as an international hub of technology-enabled and user-friendly real estate investment. The sale is the second tokenised property sold on PRYPCO Mint, a platform established as part of the Dubai Property Tokenisation Initiative, which aims to support…