Browsing: Dubai Real Estate

Dubai Land Department (DLD) signed a memorandum of collaboration with the Awqaf and Minors Affairs Foundation (Awqaf Dubai). The aim is to develop the properties within the foundation’s real estate portfolio and enhance their competitiveness in the emirate’s real estate market. This will be achieved through the Department’s Building Classification Project, strengthening cooperation across various areas of mutual interest.

Dubai’s property market recorded over USD 31 billion in sales during the first quarter of 2025, with average home prices rising to approximately USD 735,000. These figures were revealed in the newly released Q1 2025 Property Market Report by Provident Estate.

Dubai’s property market reached unprecedented heights in Q1 2025, recording 45,474 transactions valued at AED 142.7 billion, according to Property Finder’s latest Q1 Insights report. This represents a 22 per cent increase in transaction volume and a 30 per cent surge in value compared to the same period in 2024.