The UAE real estate market stayed in high gear this week, driven by billion-dirham project launches, new digital trading rules, and a heavy influx of migrating global wealth.
Developers launched many new developments from Palm Jumeirah all the way up to Ras Al Khaimah. Market regulations also took a significant step forward. Buyers can now trade tokenised property on the secondary market, and off-plan registrations just went fully digital.
Alongside Ramadan just starting, developers are offering highly competitive payment plans to lock in buyers before the holiday rush.
Here is a quick catch-up on some biggest property moves that shaped the region this week.
Mega Projects in the Dubai market
New residential supply poured into the city across multiple segments. Aldar officially rolled out ‘The Wilds’ residences, while Azizi brought fresh inventory to the Al Jaddaf district. On the ultra-luxury front, Omoria debuted its very first private residences on Palm Jumeirah. Meanwhile, Al Ghurair tapped BSBG and Turner & Townsend to drive its upcoming Wedyan at Dubai Canal project.
Ras Al Khaimah And Abu Dhabi Scale up
The northern emirates grabbed serious attention this week, headlined by the launch of a massive Dh25 billion mega-project in RAK. Beyond Developments also revealed the master plan for its ‘Evermore’ project on Marjan Beach. Adding to the coastal hospitality pipeline, BNW Development teamed up with Radisson Hotel Group to launch a new hotel and residences in the emirate.
Marjan Island also secured a major branded project this week. Atara Development officially launched The Residences at Sheraton Al Marjan Island Resort, the very first Sheraton-branded residences in the GCC. Starting at AED 2.4 million, the 159-unit waterfront project gives buyers direct beach access, a 7,000 sq. ft. nightclub, and instant VIP perks through the Marriott Bonvoy owner platform from day one. In Abu Dhabi, Ohana made waves by launching the $4.08bn Manchester City Yas Residences.
Digital Shifts And Buyer Programmes
Buying property is getting a serious tech overhaul. Dubai broke new ground by moving tokenised real estate into the resale stage, officially opening up secondary trading. The UAE ADREC also launched digital EOI registrations to dramatically streamline off-plan deals. To better support end-users entering the market, Samana Developers officially signed onto the DLD’s first-time home buyer programme.
Wealth Migration And Ramadan Offers
The macro outlook remains very positive this week. New reports confirm the Emirates is still the top destination for the Great Wealth Migration, pulling wealthy families out of the UK, Europe, and Australia. Analysts also highlighted that GCC real estate could see massive spillover benefits from a projected $20 billion quantum investment wave expected by 2030.
On the ground, seasonal sales strategies are already live. Danube Properties launched an aggressive 0.5 per cent monthly payment plan targeted at the Ramadan market, leading a broader wave of Ramadan property deals rolling out across Dubai.
