
Dubai real estate: Property transactions hit nearly $118bn in first half of 2025
The market processed 1.3 million real estate procedures during the period, with investment activity reaching AED326 billion and attracting 95,000 investors, marking a 39 per cent growth in investment volumes.
Property investment data shows 59,000 new investors entered the market, representing a 22 per cent increase in fresh investment participation, the Dubai Media Office said via X.
Record performance for Dubai's real estate sector with transactions exceeding AED 431 billion in the first half of 2025, marking a 25% growth compared to the same period in 2024. pic.twitter.com/QDVkEPKDhA
— Dubai Media Office (@DXBMediaOffice) July 20, 2025
The total investment value across all sectors reached AED157 billion, recording a 40 per cent rise compared to the first half of 2024.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
13 minutes ago
- Zawya
Saudi Arabia announces new low-cost airline with fleet of 45 planes
CAIRO: Saudi Arabia announced on Sunday the planned establishment of a new national low-cost airline with a fleet of 45 planes to be ready by 2030, state media reported. The United Arab Emirates's carrier Air Arabia was among an alliance of three companies that won a bid to operate the new airline, the Saudi General Authority of Civil Aviation said. The new carrier would operate domestic and international flights from and to King Fahd international airport in Dammam, the authority added. The airline will serve 24 domestic destinations and 57 international destinations, with the aim of transporting 10 million passengers annually, state media said. (Reporting by Jaidaa Taha and Muhammad Al Gebaly; Editing by Toby Chopra)


Zawya
13 minutes ago
- Zawya
Oil prices little changed as investors eye impact of new sanctions on Russia
SINGAPORE: Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle East producers and concerns about fuel outlook as tariffs weighed on global economic growth. Brent crude futures rose 5 cents to $69.33 a barrel by 0040 GMT after settling 0.35% lower on Friday. U.S. West Texas Intermediate crude was at $67.36 a barrel, up 2 cents, following a 0.30% decline in the previous session. The European Union approved on Friday the 18th package of sanctions against Russia over the conflict in Ukraine, which also targeted India's Nayara Energy, an exporter of oil products refined from Russian crude. Kremlin spokesperson Dmitry Peskov said on Friday that Russia had built up a certain immunity to Western sanctions. Rosneft, Russia's biggest oil producer with a stake in Nayara, on Sunday criticised the sanctions as unjustified and illegal, saying the restrictions directly threatened India's energy security. Iran, another sanctioned oil producer, is due to hold nuclear talks in Istanbul with Britain, France and Germany on Friday, an Iranian Foreign Ministry spokesperson said on Monday. That follows warnings by the three European countries that a failure to resume negotiations would lead to international sanctions being reimposed on Iran. In the U.S., the number of operating oil rigs fell by two to 422 last week, the lowest since September 2021, Baker Hughes said on Friday. Separately, U.S. tariffs on imports from the European Union are set to kick in on August 1, although U.S. Commerce Secretary Howard Lutnick said on Sunday he was confident the United States could secure a trade deal with the bloc. (Reporting by Florence Tan; Editing by Jamie Freed)


Zawya
13 minutes ago
- Zawya
Stellantis invests $1.3bln in Morocco
Morocco has taken a new step in its industrial push with the inauguration of the expanded Stellantis plant in the Northwestern Kenitra city. Prime Minister Aziz Akhannouch headed the ceremony on Wednesday and described the project as part of the country's long-term ambition to grow a competitive, integrated, and value-driven economy. The €1.2 billion ($1.3 billion) investment by the multi-national auto manufacturer includes €702 million ($792 million) dedicated to developing local suppliers. It will double the plant's production capacity and raise the local integration rate to 75 percent by 2030, Morocco's press said, citing a statement by the Netherland-based Company. The expansion is also set to create 3,100 direct jobs and strengthen Morocco's position as a key player in the global automotive industry. Akhannouch said the project reflects the goals of the New Investment Charter and Morocco´s industrial roadmap. Minister of Industry Ryad Mezzour emphasized the scale of the achievement, saying Morocco now stands among the few countries with an annual automotive production capacity exceeding one million vehicles. He called the project a result of shared confidence between Morocco and Stellantis, and a sign of growing technological independence that offers skilled opportunities for young Moroccans. From its launch in 2016, the factory's production has progressed to reach 200,000 vehicles per year by the end of 2020, three years ahead of schedule. Stellantis plans to produce 350,000 engines annually at the site in two phases. (Writing by Nadim Kawach; Editing by Anoop Menon) (