Massive luxury developments sprang up across the emirates this week in the UAE and broader GCC property markets.
Regional data predicts continued growth through 2030, driven by Abu Dhabi’s ambitious demand projections and Saudi Arabia’s growing residential presence in Riyadh.
Developers also unveiled high-end luxury projects, including multi-million-dollar apartments in the world’s next tallest tower and a USD 3.27 billion masterplan in Ras Al Khaimah. See the 8 top real estate stories.
Abu Dhabi forecasts continued to grow through 2030
The ADREC’s Real Estate Market Report 2025 described controlled supply expansion through 2030 and reported a total transaction value of AED 142 billion in 2025, up 44 percent year on year. It also reported that apartment sales prices increased by 19 percent and new lease prices increased by 16 percent from 2024 to 2025, while expatriates and non-resident investors drove 62 percent of the 2025 residential sales value.
Azizi adds Riviera 66 to its Metropolitan Boulevard pipeline
Azizi Developments introduced Riviera 66 within its Riviera community in MBR City. It is a 75-building development of about 16,000 homes. If you love skyline views, then this project is a good entry point.
Burj Azizi sets a new entry point for trophy-tower living
Apartments at Burj Azizi were priced from AED4.97m ($1.35m). This 725-metre, 140-storey tower on Sheikh Zayed Road will combine residences with hospitality, retail, dining, and entertainment in 2029.
Dubai office investment hits a decade-plus high
Dubai office sales value nearly doubled to Dh13.1 billion in 2025 - the strongest year since 2014 - according to Gulf News. The average office sale prices rose to Dh1,951/square foot, and rents jumped by 23 percent, while off-plan office sales value rose to Dh4.6 billion against Dh700 million in 2024.
Riyadh compound secured on a long lease
The Saudi Real Estate Company (Al Akaria) has signed a 20-year lease agreement with Amsa Hospitality for the Amsa Vue Residential Compound in Riyadh’s Diplomatic Quarters. This SR1.2bn (USD 320m) development includes 240 apartments, villas and townhouses.
Sharjah starts 2026 with record January deal value
Sharjah’s property transaction value jumped 34.8 percent year on year to Dh9.3bn in January 2026, as reported by source. This included 4,868 sales transactions in 129 areas, with Muwaileh Commercial leading the emirate in both transaction count (787) and trading value (Dh1.1bn).
Rak property values rise by 12.7% as off-plan drives demand
In Q4 2025, Ras Al Khaimah’s residential capital values increased by 12.7 percent year on year, and the ValuStrat Price Index hit 123.9 points. 88 percent of residential transactions in Q4 were off-plan, with more than 1,500 off-plan units selling for more than Dh2.9bn compared to Dh241 million in the ready-to-move-in market.
Palma Development’s waterfront real estate
Gulf News profiled Palma Development’s positioning around prime waterfront locations and delivery standards, saying it has completed about 8 million square feet of premium residential real estate at over Dh17bn since entering Dubai’s freehold market in 2002. It featured some of Palma’s projects such as Serenia Living and Serenia Residences on Palm Jumeirah, Infinity Cayan Tower in Dubai Marina, and Silverene Towers.
