Latest news with #DLD
Hi Dubai
11 hours ago
- Business
- Hi Dubai
Dubai Land Department and Emirates NBD Partner to Streamline Real Estate Transactions and Boost Investor Confidence
The Dubai Land Department (DLD) has signed a strategic memorandum of cooperation with Emirates NBD, one of the region's leading banking groups, to accelerate real estate innovation and improve transaction efficiency across the sector. The move marks a significant step in enhancing investor confidence and customer experience in Dubai's property market. Under this collaboration, both entities will undertake two major joint studies to streamline real estate transactions. The first study will focus on optimising the registration process for real estate transactions conducted outside the UAE, while the second will explore financial services that simplify local real estate sales registrations. His Excellency Omar Hamad BuShehab, Director General of the Dubai Land Department, stated: 'We are continuously working to develop innovative solutions that place the customer at the centre of the real estate ecosystem. This partnership opens new horizons for advancing registration services and reinforces Dubai's position as a global destination for real estate investment.' The agreement reflects Dubai's vision to modernise regulatory frameworks and promote transparency in property dealings, aligning with the Dubai Real Estate Strategy 2033, which seeks to build a resilient and competitive real estate sector powered by innovation and digital transformation. Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, added: 'This partnership reflects our commitment to innovation and delivering customer-focused solutions. Integrated offerings from this collaboration will improve the property transaction journey and foster stronger investor confidence.' The partnership also supports the broader objectives of the Dubai Economic Agenda D33, aimed at positioning Dubai among the world's top three global cities. By introducing seamless procedures and banking solutions, the initiative will help attract international investors, simplify cross-border property registration, and advance the emirate's reputation as a premier real estate hub. Beyond improving services for current investors, the partnership sets a new model for government-financial sector collaboration, supporting Dubai's long-term goals of digital excellence, sustainability, and continued global competitiveness. News Source: Dubai Media Office
Zawya
13 hours ago
- Business
- Zawya
PRYPCO Mint's latest Tokenized Property fully funded by highest number of investors to date
Dubai, UAE: PRYPCO Mint, MENA's first real estate tokenization platform, has announced the successful funding of its latest property, a two-bedroom apartment in Park Ridge Tower C located in Dubai Hills, which attracted the highest number of investors for a single property on the platform to date. In a strategic partnership with the Dubai Land Department (DLD) and licensed by the Virtual Assets Regulatory Authority (VARA), PRYPCO Mint continues to reshape the investment landscape by unlocking access to prime real estate for as low as AED 2,000, ultimately paving the way for greater accessibility, inclusivity, and enabling real estate freedom for all. The property valued at AED 2.4 million, offered investors an estimated 14.39% instant appreciation. It was fully funded by 326 investors from 51 nationalities, with an average investment of AED 7361.96. Notably, 49.39% of the investors were returning users, highlighting growing trust and continued confidence in PRYPCO Mint's platform and offerings. 'Achieving the highest number of investors in a single property to date is a powerful validation of what we're building at PRYPCO Mint. We're seeing growing confidence in fractional ownership, and this momentum only fuels our drive to innovate and scale further', said Amira Sajwani, Founder and CEO of PRYPCO. Built on Ctrl Alt's advanced Web3 infrastructure and powered by Ripple's XRP Ledger blockchain, PRYPCO Mint delivers secure, transparent, and efficient digital real estate transactions. With Zand Digital Bank as its official banking partner since launch, the platform reinforces Dubai's position as the first city in the MENA region to adopt a licensed, blockchain-enabled model for real estate tokenization. About PRYPCO PRYPCO is a next-generation proptech company revolutionising the real estate landscape. Led by Amira Sajwani, PRYPCO delivers a range of innovative solutions, including PRYPCO Golden Visa, PRYPCO Mortgage, PRYPCO Blocks for fractional ownership, PRYPCO One for agents, and the recently launched PRYPCO Mint—the region's first tokenised real estate platform. Rooted in the spirit of Dubai's ambition, PRYPCO is driving the future of real estate, helping position the city as a global leader in innovation and opportunity.
Time of India
16 hours ago
- Business
- Time of India
Dubai shatters records with $117bn in real estate deals in H1 2025: Who's buying, where, what's driving it
Dubai logged over 1.3 million real estate procedures in just six months, signaling unmatched transaction volume and investor confidence/ Image: Pexels TL;DR: Dubai real estate hit $117B in deals in H1 2025 — a 25% YoY rise. 125,000+ transactions and 1.3M procedures signal strong market liquidity. 59,000+ new investors, 45% of them UAE residents, entered the market. Growth driven by incentives, digital reforms, and investor-friendly policies. In the first half of 2025, Dubai's real estate market hit a historic high, recording transactions worth over AED 431 billion, roughly $117 billion, marking one of the most substantial mid-year performances in the city's history. Behind this record-setting figure lies a confluence of smart governance, rising investor confidence, and a maturing property ecosystem that continues to attract capital from across the world. According to a newly released dataset from the Dubai Land Department, which provides a detailed snapshot of market activity across all segments, the surge isn't just about numbers. It reflects Dubai's strategic shift from transactional growth to long-term, stable investment from both international capital and a rising wave of resident homeowners. A Record-Breaking First Half: The Numbers Behind the Surge The Dubai Land Department (DLD) recorded 125,538 real estate transactions in the first half of 2025, a 26% increase from the 99,947 transactions recorded during the same period last year. The total value of these transactions surged 25% year-on-year, from AED 345 billion (approx. $94 billion) in H1 2024 to AED 431 billion ($117 billion) this year. Beyond pure sales, the real estate sector saw more than 1.3 million procedures processed, including leases, renewals, and related transactions, reflecting both the scale and liquidity of the market. These numbers paint a picture of robust health across all segments of the property chain, from affordable units to luxury assets. Investor interest continued to climb. 94,717 investors were active in H1 2025, up 26% year-on-year, executing 118,132 investments worth AED 326 billion (approx. $88.8 billion). For comparison, that figure stood at AED 234 billion ($63.8 billion) in the first half of 2024, a massive 39% increase in total investment value. Crucially, 59,075 of these were first-time investors, representing a 22% rise in new entrants and contributing AED 157 billion (approx. $42.8 billion) to the market , a 40% increase in value compared to the same period last year. Nearly 45% of new investors were UAE residents, indicating growing local interest and the success of homeownership-driven initiatives. Policy-Driven Growth: How Vision and Incentives Are Reshaping the Market Dubai's property surge is not accidental. It is the product of strategic national planning, tied closely to frameworks like the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033. These blueprints aim to establish Dubai among the world's top three economic cities while making real estate a sustainable pillar of national growth. One of the critical pillars behind the momentum is a push to convert long-term residents from renters to owners. Programs like the First Time Home Buyer Program have helped catalyze this shift. Designed to support first-time purchasers, the initiative offers early access to new projects, preferential pricing, flexible fee payment options, and favorable mortgage rates. UAE citizens also receive enhanced benefits, reinforcing inclusion and ownership equity. Legislative updates, investor protections, and digitized government services have also bolstered confidence. The DLD's efforts to streamline processes and increase market transparency have helped position Dubai as a secure, modern, and investment-friendly market , particularly in a world where geopolitical uncertainty has investors seeking safe, high-yield assets. A Global Investor Base: Who's Fueling the Boom? Dubai's real estate market has become a magnet for diverse capital sources , both domestic and international. In H1 2025 alone, foreign investors contributed AED 228.35 billion (approx. $62.2 billion), while Arab (non-GCC) nationals invested AED 28.4 billion (approx. $7.7 billion) and GCC citizens added AED 22.56 billion (approx. $6.15 billion). At the same time, female investors have emerged as a significant force, executing 34,792 transactions worth AED 73.2 billion (approx. $19.9 billion) across the period. A total of 30,487 women participated in real estate investments , reflecting an expanding role for women in wealth creation and property ownership. These demographics highlight a shifting landscape: not just wealth inflow, but also a broadening base of who is investing, including locals, regional buyers, and global stakeholders from every continent. Where the Money Is Going: Dubai's Hottest Investment Zones Dubai's real estate heat map reveals how broad , and deep , the surge truly is. Several areas posted high transaction volumes, led by Al Barsha South Fourth with 10,469 deals, followed by Al Yalayis 1 (7,595) and Wadi Al Safa 5 (7,178). Other high-activity zones include Business Bay (6,601), Dubai Marina (6,428), and Airport City (5,569), signaling strength in both residential and mixed-use developments. When it comes to value, high-end districts are dominating: Dubai Marina led the way with AED 25.1 billion in deals (approx. $6.83 billion) Business Bay followed with AED 22.5 billion ($6.12 billion) Burj Khalifa area racked up AED 17.1 billion ($4.65 billion) Palm Jumeirah saw AED 16.96 billion in transactions ($4.61 billion) Other rising investment hotspots included Al Yalayis 1, Meaisem Second, Wadi Al Safa 5, Airport City, Al Barsha South Fourth, and Mohammed Bin Rashid Gardens , all clocking values above AED 14 billion (roughly $3.8 billion). The diversity of these locations , spanning waterfronts, luxury towers, emerging urban zones, and planned communities , signals not only investor appetite, but also the depth of Dubai's evolving real estate ecosystem. Sustaining the Momentum: What Comes Next? While the numbers for H1 2025 are historic, Dubai's long-term strategy is about more than peaks , it's about sustainable, inclusive, and innovation-driven growth. The Dubai Land Department continues to refine its ecosystem with enhanced digital services, pro-investor legislation, and data transparency. Under the D33 agenda and the Real Estate Strategy 2033, the focus is shifting to long-term resilience , with real estate playing a critical role in GDP diversification, social stability, and urban quality of life. As the market matures, efforts will likely deepen around affordability, green construction, and smart infrastructure , ensuring that the current boom lays the foundation for a balanced future. In a region of flux, Dubai is offering something rare: growth with stability. And right now, global investors , and local residents alike , are buying in. FAQs: Q. Why is Dubai's real estate market booming in 2025? Smart policy, strong investor confidence, and sustained demand are driving record growth. Q. How much was invested in H1 2025? Over AED 431 billion, or approximately $117 billion, in total real estate transactions. Q. Who are the main investors? Both international buyers and UAE residents, including a growing number of first-time homeowners. Q. Which areas saw the highest activity? Dubai Marina, Business Bay, Al Barsha South Fourth, and Palm Jumeirah led in volume and value.
Gulf Business
2 days ago
- Business
- Gulf Business
Dubai property market breaks records: What's driving the Dhs431bn surge?
Image credit: WAM/ Website Dubai's real estate sector delivered an exceptional performance in the first half of 2025, reinforcing the emirate's position as a global leader in property investment and development. According to data from the Dubai Land Department (DLD), the number of real estate transactions surged to 125,538 in H1 2025, compared to 99,947 during the same period in 2024, marking a 26 per cent increase. The total value of transactions rose 25 per cent, reaching approximately Dhs431bn, up from Dhs345bn a year earlier, Read- The overall volume of real estate procedures—including sales, leases, and other transaction types, exceeded 1.3 million in the first six months of the year. The strong numbers reflect growing investor confidence and continued demand across Dubai's diverse real estate segments. Surge in investment and new buyers The investment landscape remained robust, with 94,717 investors completing 118,132 deals worth around Dhs326bn in H1 2025. That represents a 26 per cent increase in investor participation and a 39 per cent rise in investment value, compared to Dhs234bn in the same period last year. New investors contributed significantly to this growth, with 59,075 first-time participants entering the market. Their investments totalled Dhs157bn, marking a 22 per cent rise in the number of new investors and a 40 per cent jump in capital inflow. UAE residents accounted for 45 per cent of these new investors, reflecting the success of government strategies aimed at converting tenants into homeowners and encouraging long-term stability in the market. Women played a growing role in driving activity, investing Dhs73.2bn across 34,792 transactions made by 30,487 female investors. This increase highlights the rising influence of women in shaping the sector and contributing to economic diversity. By nationality, GCC investors accounted for Dhs22.56bn, Arab investors Dhs28.4bn, and foreign investors Dhs228.35bn. These figures reinforce Dubai's global standing and its continued appeal among international buyers, driven by an advanced regulatory environment, strong infrastructure, and growth-focused initiatives. Top areas by transactions and value Several districts saw standout performance in terms of transaction volume. Al Barsha South Fourth led the market with 10,469 transactions, followed by Al Yalayis 1 (7,595) and Wadi Al Safa 5 (7,178). Other active locations included Business Bay (6,601), Dubai Marina (6,428), Airport City (5,569), Jebel Ali First (4,275), Al Thanyah Fifth (3,956), Burj Khalifa (3,670), and Meaisem First (3,643). The widespread activity highlights the depth and diversity of Dubai's real estate ecosystem. In terms of transaction value, Dubai Marina took the top spot at Dhs25.1bn, followed by Business Bay (Dhs22.5bn), Burj Khalifa (Dhs17.1bn), and Palm Jumeirah (Dhs16.96bn). Other high-value areas included Al Yalayis 1 (Dhs15.7bn), Meaisem Second (Dhs15.4bn), Wadi Al Safa 5 (Dhs15.3bn), Airport City (Dhs15.2bn), and Al Barsha South Fourth (Dhs14.9bn). Mohammed Bin Rashid Gardens also stood out with Dhs14.5bn in transaction value. The continued concentration of high-value deals in prime areas signals ongoing demand for luxury and mixed-use developments. Supporting a sustainable real estate ecosystem The Dubai Land Department remains focused on enhancing transparency, streamlining digital services, and improving legislative frameworks to ensure continued growth and investor trust. The department also reaffirmed its commitment to delivering the goals of the Dubai Real Estate Strategy 2033, aligned with the Dubai Economic Agenda D33. These initiatives aim to position Dubai among the top three global economic cities while ensuring the sustainability of the real estate sector as a vital pillar of economic diversification.
Hi Dubai
2 days ago
- Business
- Hi Dubai
Dubai Real Estate Transactions Hit AED 431 billion in First Half of 2025, Up 25% from 2024
Dubai's real estate sector witnessed a remarkable surge in H1 2025, recording over 125,538 transactions valued at AED 431 billion, up from AED 345 billion during the same period last year—a 25% year-on-year increase. According to the Dubai Land Department (DLD), this performance underscores growing investor confidence and reflects Dubai's continued status as a global property investment destination. Key Highlights: Investment Growth: Dubai attracted 94,717 investors—up 26%—who carried out 118,132 investments worth AED 326 billion, a 39% increase from last year. Of these, 59,075 were new investors, contributing AED 157 billion, with UAE residents making up 45% of new entrants—pointing to successful efforts in turning tenants into homeowners. Dubai attracted 94,717 investors—up 26%—who carried out 118,132 investments worth AED 326 billion, a 39% increase from last year. Women Investors: 30,487 women made 34,792 transactions, investing AED 73.2 billion, showing their growing impact on the sector. 30,487 women made 34,792 transactions, investing AED 73.2 billion, showing their growing impact on the sector. Investor Demographics: Foreign investors: AED 228.35 billion Arab investors: AED 28.4 billion GCC investors: AED 22.56 billion Top Performing Areas (by transaction volume): Al Barsha South Fourth (10,469) Al Yalayis 1 (7,595) Wadi Al Safa 5 (7,178) Business Bay and Dubai Marina also ranked among the most active zones. Top Areas (by transaction value): Dubai Marina: AED 25.1 billion Business Bay: AED 22.5 billion Burj Khalifa: AED 17.1 billion Palm Jumeirah: AED 16.96 billion Mohammed Bin Rashid Gardens: AED 14.5 billion This outstanding performance aligns with the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033, which aim to position the emirate among the top three global economic cities and drive sustainable real estate growth. The Dubai Land Department continues to invest in digitalisation, transparency, and investor confidence, creating a strong foundation for continued expansion and stability in the property sector. News Source: Emirates News Agency
