Dubai’s real estate brokers generated 42,181 transactions during the first half of the year, resulting in commission values of roughly $8.8 billion – a 99% growth rate from the $879 million during the same period in 2024. According to data from the Dubai government,...
The Dubai Land Department (DLD) has signed a memorandum of cooperation with the Singapore-based cryptocurrency platform Crypto.com for the creation of a digital investment environment for virtual real estate assets. Under the terms of the agreement, procedures will be...
The Dubai government has rolled out a program designed to encourage first-time homebuyers among both UAE citizens and expatriates. The program is open to applicants aged 18 and above who are residents of the UAE and who do not currently own residential property in...
A new forecast from Fitch Ratings is predicting that Dubai’s red-hot real estate market will experience a double-digit plummet in prices during the second half of this year and into 2026. Reuters reports Dubai is expected to see 210,000 planned units through...
MAG, a United Arab Emirates-based real estate developer, has signed a $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a blockchain provider. According to the companies, the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
