Latest news with #Whitewill
Zawya
21-05-2025
- Business
- Zawya
Whitewill's Q1 market report reveals AED114.1bln in Dubai real estate transactions
Dubai, UAE: Whitewill, the international luxury real estate agency for developers and partners operating across the UK, USA, and UAE markets, has published its latest Dubai Real Estate Market Overview, offering insights into both off-plan and secondary residential sales trends for Q1 2025. Based on transaction analysis conducted by Whitewill, the report tracked activity across apartments, villas, and townhouses from January to March 2025. It reveals that Dubai recorded over 42,000 real estate transactions with a combined value of AED 114.1 billion during the quarter, based on Whitewill's analysis, underscoring the market's strength across both primary and resale segments. Throughout Q1 2025, the market demonstrated strong resilience, with nearly 25,000 off-plan sales contributing AED 53.9 billion in value. March alone saw more than 8,766 off-plan deals, making it the quarter's peak month. The secondary market also maintained healthy momentum with almost 17,500 resale transactions contributing AED 60.2 billion in value, driven by strong demand in well-established communities and high-performing developments. Across all three months, one-bedroom apartments and three- to four-bedroom villas and townhouses were the most popular housing formats among buyers, highlighting the appeal of practical, investment-friendly layouts. Olga Pankina, Chief Operations Officer at Whitewill Dubai, said: 'Dubai's real estate market continues to show strength across both off-plan and secondary segments. At Whitewill, we're witnessing consistent demand from end-users and investors for quality projects across the emirate. The city's infrastructure, business environment, and lifestyle offering continue to attract a global audience. At the same time, the city's luxury properties are increasingly drawing the attention of ultra-high-net-worth individuals seeking flagship assets in prime waterfront and branded locations. We expect this positive trajectory to continue into the next quarter.' Apartments The report highlights 21,675 off-plan apartment deals in Q1 2025, with transaction volumes rising steadily month-on-month. Jumeirah Village Circle (JVC) led as the top-performing district throughout the quarter, accounting for over 2,200 apartment sales in March alone. Other high-transaction areas included Business Bay and Dubai Residence Complex. Apartments priced between AED 1 million to 1.5 million remained the most in-demand in the off-plan segment, followed by units in the AED 500,000 to 1 million range. In contrast, units priced above AED 5 million consistently represented less than 3% of all off-plan apartment transactions. In the secondary market, JVC, Business Bay, and Dubai Marina were among the most active districts for ready apartment transactions. One-bedroom and two-bedroom apartments remained the top choice for resale buyers. Most secondary transactions occurred in the AED 500,000 to 1.5 million price range, reflecting steady demand for mid-range, high-liquidity properties with attractive rental yields. Villas and Townhouses The report also notes strong performance in the villa and townhouse segment, with over 3,200 units sold off-plan in Q1 2025. Sales momentum remained particularly high in communities like The Valley and Villanova. In February, The Valley alone recorded 400 deals, while in March, it crossed 300. Villas and townhouses priced between AED 3M and 5M continued to attract the highest number of buyers, with four-bedroom units being the most sought-after. The secondary market for villas and townhouses saw strong interest in communities like DAMAC Islands, DAMAC Hills 2, and The Valley. Family-sized homes with three to four bedrooms led transactions across Q1. Most buyers opted for properties priced between AED 2 million and 5 million, with limited activity in the higher-end AED 5 million to 10 million bracket. This trend highlights the continued appeal of mid-range, spacious homes for long-term residents and investors seeking stable returns. Top Performing Areas in Dubai Jumeirah Village Circle retained its position as the top district for apartment buyers, combining accessibility, affordability, and modern living standards. The area recorded 903 off-plan apartment deals in March, the highest of any district that month. In the villas and townhouses segment, The Valley emerged as a favourite across all three months. In January, Villanova led the segment with 220 deals, while Emaar South and Reportage Village also registered notable activity throughout the quarter. On the resale side, DAMAC Islands topped villa transactions each month, followed by DAMAC Hills 2 and Palm Jumeirah. For apartments, Business Bay and Dubai Marina continued to attract investor interest due to their central locations and high rental performance. Trends to Watch In the apartment market, emerging buyer behaviour continues to reflect a strong split between value and prestige. Communities like JVC, Town Square, and Al Furjan remain favourites among buyers seeking affordability, while waterfront areas like Palm Jumeirah and Dubai Harbour consistently top price-per-square-foot rankings. Luxury demand made headlines in February with a landmark AED 116 million sale of a seven-bedroom apartment on Dubai Water Canal, signalling Dubai's enduring appeal among global elites. For villas and townhouses, mid-market properties in communities like The Valley and Villanova cater to family-oriented buyers looking for space, privacy, and community infrastructure. World Islands had the highest square footage, with DAMAC Hills 2 and The Valley topping the affordable sector. Meanwhile, standout deals such as the AED 115 million villa sale on Palm Jumeirah highlight the ongoing strength of Dubai's ultra-luxury segment and its ability to attract high-net-worth investment alongside everyday end-user demand. About Whitewill Real Estate Agency Whitewill Real Estate Agency, founded in 2016 by Oleg Torbosov, has swiftly ascended as a high-end leader in the real estate market, focusing on people and technology to achieve unparalleled success. With over 500 dedicated employees worldwide, Whitewill specialises in the sales of apartments and villas within modern housing developments, particularly in Dubai, working alongside prominent developers like Emaar Properties and Damac Properties. The agency boasts over 450 residential sites in its portfolio, over 150 brokers, and a comprehensive approach that includes a unique training system for brokers, an internal quality control department, and a robust partner network of more than 6,000 agents globally. Whitewill's commitment to innovation, quality, and customer satisfaction has positioned it as a pivotal player in international real estate, catering to high-net-worth individuals with a diverse range of services, from property sales to comprehensive after-sale support.
Arabian Business
21-05-2025
- Business
- Arabian Business
Dubai real estate: Property market records nearly $32bn in Q1 2025 transactions
Dubai's property market recorded more than 42,000 real estate transactions worth AED 114.1 billion during the first quarter of 2025, according to a new report from Whitewill, the international luxury real estate agency. The Dubai Real Estate Market Overview for Q1 2025 shows that off-plan sales accounted for nearly 25,000 transactions valued at AED 53.9 billion, whilst the secondary market contributed almost 17,500 resale transactions worth AED 60.2 billion. March emerged as the quarter's strongest month with 8,766 off-plan deals completed. The report tracks activity across apartments, villas, and townhouses from January through March 2025. Dubai real estate boom Olga Pankina, Chief Operations Officer at Whitewill Dubai, said: ' Dubai's real estate market continues to show strength across both off-plan and secondary segments. At Whitewill, we're witnessing consistent demand from end-users and investors for quality projects across the emirate. The city's infrastructure, business environment, and lifestyle offering continue to attract a global audience. At the same time, the city's luxury properties are increasingly drawing the attention of ultra-high-net-worth individuals seeking flagship assets in prime waterfront and branded locations. We expect this positive trajectory to continue into the next quarter.' The report documents 21,675 off-plan apartment transactions in Q1, with volumes increasing each month throughout the quarter. Jumeirah Village Circle (JVC) led all districts, recording over 2,200 apartment sales in March alone. Business Bay and Dubai Residence Complex also registered high transaction volumes. Apartments priced between AED 1 million to AED 1.5 million were most popular in the off-plan segment, followed by units in the AED 500,000 to AED 1 million range. Premium units priced above AED 5 million consistently represented less than 3 per cent of all off-plan apartment transactions. In the secondary market, JVC, Business Bay, and Dubai Marina ranked as the most active districts. One-bedroom and two-bedroom apartments were the top choice among resale buyers, with most transactions occurring in the AED 500,000 to AED 1.5 million price bracket. Strong villa sales momentum The villa and townhouse segment recorded over 3,200 off-plan units sold during Q1 2025. The Valley and Villanova maintained strong sales momentum, with The Valley recording 400 deals in February and exceeding 300 in March. Villas and townhouses priced between AED 3 million and AED 5 million attracted the highest number of buyers, with four-bedroom configurations being the most sought-after. The secondary market for villas and townhouses saw strong interest in DAMAC Islands, DAMAC Hills 2, and The Valley. Family homes with three to four bedrooms dominated transactions throughout the quarter. Most buyers selected properties priced between AED 2 million and AED 5 million, with limited activity in the higher AED 5 million to AED 10 million category. Jumeirah Village Circle maintained its position as the leading district for apartment buyers, recording 903 off-plan apartment deals in March alone. The area combines accessibility, affordability, and modern living standards. For villas and townhouses, The Valley emerged as a consistent performer across all three months. Villanova led the segment in January with 220 deals, while Emaar South and Reportage Village also registered notable activity. In the resale market, DAMAC Islands topped villa transactions each month, followed by DAMAC Hills 2 and Palm Jumeirah. For apartments, Business Bay and Dubai Marina continued to attract investor interest due to their central locations and rental performance. The apartment market displays a distinct split between value and prestige segments. Communities such as JVC, Town Square, and Al Furjan remain popular with buyers seeking affordability, while waterfront areas like Palm Jumeirah and Dubai Harbour consistently achieve the highest prices per square foot. The luxury market made headlines in February with an AED 116 million sale of a seven-bedroom apartment on Dubai Water Canal, demonstrating Dubai's appeal among global elites. In the villa and townhouse sector, mid-market properties in The Valley and Villanova cater to family buyers seeking space and community infrastructure. World Islands recorded the highest square footage values, while DAMAC Hills 2 and The Valley led the affordable sector.
Web Release
21-05-2025
- Business
- Web Release
Whitewill's Q1 market report reveals AED 114.1 billion in Dubai real estate transactions
Whitewill, the international luxury real estate agency for developers and partners operating across the UK, USA, and UAE markets, has published its latest Dubai Real Estate Market Overview, offering insights into both off-plan and secondary residential sales trends for Q1 2025. Based on transaction analysis conducted by Whitewill, the report tracked activity across apartments, villas, and townhouses from January to March 2025. It reveals that Dubai recorded over 42,000 real estate transactions with a combined value of AED 114.1 billion during the quarter, based on Whitewill's analysis, underscoring the market's strength across both primary and resale segments. Throughout Q1 2025, the market demonstrated strong resilience, with nearly 25,000 off-plan sales contributing AED 53.9 billion in value. March alone saw more than 8,766 off-plan deals, making it the quarter's peak month. The secondary market also maintained healthy momentum with almost 17,500 resale transactions contributing AED 60.2 billion in value, driven by strong demand in well-established communities and high-performing developments. Across all three months, one-bedroom apartments and three- to four-bedroom villas and townhouses were the most popular housing formats among buyers, highlighting the appeal of practical, investment-friendly layouts. Olga Pankina, Chief Operations Officer at Whitewill Dubai, said: 'Dubai's real estate market continues to show strength across both off-plan and secondary segments. At Whitewill, we're witnessing consistent demand from end-users and investors for quality projects across the emirate. The city's infrastructure, business environment, and lifestyle offering continue to attract a global audience. At the same time, the city's luxury properties are increasingly drawing the attention of ultra-high-net-worth individuals seeking flagship assets in prime waterfront and branded locations. We expect this positive trajectory to continue into the next quarter.' Key Highlights: Apartments The report highlights 21,675 off-plan apartment deals in Q1 2025, with transaction volumes rising steadily month-on-month. Jumeirah Village Circle (JVC) led as the top-performing district throughout the quarter, accounting for over 2,200 apartment sales in March alone. Other high-transaction areas included Business Bay and Dubai Residence Complex. Apartments priced between AED 1 million to 1.5 million remained the most in-demand in the off-plan segment, followed by units in the AED 500,000 to 1 million range. In contrast, units priced above AED 5 million consistently represented less than 3% of all off-plan apartment transactions. In the secondary market, JVC, Business Bay, and Dubai Marina were among the most active districts for ready apartment transactions. One-bedroom and two-bedroom apartments remained the top choice for resale buyers. Most secondary transactions occurred in the AED 500,000 to 1.5 million price range, reflecting steady demand for mid-range, high-liquidity properties with attractive rental yields. Villas and Townhouses The report also notes strong performance in the villa and townhouse segment, with over 3,200 units sold off-plan in Q1 2025. Sales momentum remained particularly high in communities like The Valley and Villanova. In February, The Valley alone recorded 400 deals, while in March, it crossed 300. Villas and townhouses priced between AED 3M and 5M continued to attract the highest number of buyers, with four-bedroom units being the most sought-after. The secondary market for villas and townhouses saw strong interest in communities like DAMAC Islands, DAMAC Hills 2, and The Valley. Family-sized homes with three to four bedrooms led transactions across Q1. Most buyers opted for properties priced between AED 2 million and 5 million, with limited activity in the higher-end AED 5 million to 10 million bracket. This trend highlights the continued appeal of mid-range, spacious homes for long-term residents and investors seeking stable returns. Top Performing Areas in Dubai Jumeirah Village Circle retained its position as the top district for apartment buyers, combining accessibility, affordability, and modern living standards. The area recorded 903 off-plan apartment deals in March, the highest of any district that month. In the villas and townhouses segment, The Valley emerged as a favourite across all three months. In January, Villanova led the segment with 220 deals, while Emaar South and Reportage Village also registered notable activity throughout the quarter. On the resale side, DAMAC Islands topped villa transactions each month, followed by DAMAC Hills 2 and Palm Jumeirah. For apartments, Business Bay and Dubai Marina continued to attract investor interest due to their central locations and high rental performance. Trends to Watch In the apartment market, emerging buyer behaviour continues to reflect a strong split between value and prestige. Communities like JVC, Town Square, and Al Furjan remain favourites among buyers seeking affordability, while waterfront areas like Palm Jumeirah and Dubai Harbour consistently top price-per-square-foot rankings. Luxury demand made headlines in February with a landmark AED 116 million sale of a seven-bedroom apartment on Dubai Water Canal, signalling Dubai's enduring appeal among global elites. For villas and townhouses, mid-market properties in communities like The Valley and Villanova cater to family-oriented buyers looking for space, privacy, and community infrastructure. World Islands had the highest square footage, with DAMAC Hills 2 and The Valley topping the affordable sector. Meanwhile, standout deals such as the AED 115 million villa sale on Palm Jumeirah highlight the ongoing strength of Dubai's ultra-luxury segment and its ability to attract high-net-worth investment alongside everyday end-user demand. Download the full reports here and visit for more information.
Zawya
20-05-2025
- Business
- Zawya
Whitewill's Q1 market report reveals AED 114.1bln in Dubai real estate transactions
Dubai, UAE: Whitewill, the international luxury real estate agency for developers and partners operating across the UK, USA, and UAE markets, has published its latest Dubai Real Estate Market Overview, offering insights into both off-plan and secondary residential sales trends for Q1 2025. Based on transaction analysis conducted by Whitewill, the report tracked activity across apartments, villas, and townhouses from January to March 2025. It reveals that Dubai recorded over 42,000 real estate transactions with a combined value of AED 114.1 billion during the quarter, based on Whitewill's analysis, underscoring the market's strength across both primary and resale segments. Throughout Q1 2025, the market demonstrated strong resilience, with nearly 25,000 off-plan sales contributing AED 53.9 billion in value. March alone saw more than 8,766 off-plan deals, making it the quarter's peak month. The secondary market also maintained healthy momentum with almost 17,500 resale transactions contributing AED 60.2 billion in value, driven by strong demand in well-established communities and high-performing developments. Across all three months, one-bedroom apartments and three- to four-bedroom villas and townhouses were the most popular housing formats among buyers, highlighting the appeal of practical, investment-friendly layouts. Olga Pankina, Chief Operations Officer at Whitewill Dubai, said: 'Dubai's real estate market continues to show strength across both off-plan and secondary segments. At Whitewill, we're witnessing consistent demand from end-users and investors for quality projects across the emirate. The city's infrastructure, business environment, and lifestyle offering continue to attract a global audience. At the same time, the city's luxury properties are increasingly drawing the attention of ultra-high-net-worth individuals seeking flagship assets in prime waterfront and branded locations. We expect this positive trajectory to continue into the next quarter.' Key Highlights: Apartments The report highlights 21,675 off-plan apartment deals in Q1 2025, with transaction volumes rising steadily month-on-month. Jumeirah Village Circle (JVC) led as the top-performing district throughout the quarter, accounting for over 2,200 apartment sales in March alone. Other high-transaction areas included Business Bay and Dubai Residence Complex. Apartments priced between AED 1 million to 1.5 million remained the most in-demand in the off-plan segment, followed by units in the AED 500,000 to 1 million range. In contrast, units priced above AED 5 million consistently represented less than 3% of all off-plan apartment transactions. In the secondary market, JVC, Business Bay, and Dubai Marina were among the most active districts for ready apartment transactions. One-bedroom and two-bedroom apartments remained the top choice for resale buyers. Most secondary transactions occurred in the AED 500,000 to 1.5 million price range, reflecting steady demand for mid-range, high-liquidity properties with attractive rental yields. Villas and Townhouses The report also notes strong performance in the villa and townhouse segment, with over 3,200 units sold off-plan in Q1 2025. Sales momentum remained particularly high in communities like The Valley and Villanova. In February, The Valley alone recorded 400 deals, while in March, it crossed 300. Villas and townhouses priced between AED 3M and 5M continued to attract the highest number of buyers, with four-bedroom units being the most sought-after. The secondary market for villas and townhouses saw strong interest in communities like DAMAC Islands, DAMAC Hills 2, and The Valley. Family-sized homes with three to four bedrooms led transactions across Q1. Most buyers opted for properties priced between AED 2 million and 5 million, with limited activity in the higher-end AED 5 million to 10 million bracket. This trend highlights the continued appeal of mid-range, spacious homes for long-term residents and investors seeking stable returns. Top Performing Areas in Dubai Jumeirah Village Circle retained its position as the top district for apartment buyers, combining accessibility, affordability, and modern living standards. The area recorded 903 off-plan apartment deals in March, the highest of any district that month. In the villas and townhouses segment, The Valley emerged as a favourite across all three months. In January, Villanova led the segment with 220 deals, while Emaar South and Reportage Village also registered notable activity throughout the quarter. On the resale side, DAMAC Islands topped villa transactions each month, followed by DAMAC Hills 2 and Palm Jumeirah. For apartments, Business Bay and Dubai Marina continued to attract investor interest due to their central locations and high rental performance. Trends to Watch In the apartment market, emerging buyer behaviour continues to reflect a strong split between value and prestige. Communities like JVC, Town Square, and Al Furjan remain favourites among buyers seeking affordability, while waterfront areas like Palm Jumeirah and Dubai Harbour consistently top price-per-square-foot rankings. Luxury demand made headlines in February with a landmark AED 116 million sale of a seven-bedroom apartment on Dubai Water Canal, signalling Dubai's enduring appeal among global elites. For villas and townhouses, mid-market properties in communities like The Valley and Villanova cater to family-oriented buyers looking for space, privacy, and community infrastructure. World Islands had the highest square footage, with DAMAC Hills 2 and The Valley topping the affordable sector. Meanwhile, standout deals such as the AED 115 million villa sale on Palm Jumeirah highlight the ongoing strength of Dubai's ultra-luxury segment and its ability to attract high-net-worth investment alongside everyday end-user demand. Download the full reports here and visit for more information. About Whitewill Real Estate Agency Whitewill Real Estate Agency, founded in 2016 by Oleg Torbosov, has swiftly ascended as a high-end leader in the real estate market, focusing on people and technology to achieve unparalleled success. With over 500 dedicated employees worldwide, Whitewill specialises in the sales of apartments and villas within modern housing developments, particularly in Dubai, working alongside prominent developers like Emaar Properties and Damac Properties. The agency boasts over 450 residential sites in its portfolio, over 150 brokers, and a comprehensive approach that includes a unique training system for brokers, an internal quality control department, and a robust partner network of more than 6,000 agents globally. Whitewill's commitment to innovation, quality, and customer satisfaction has positioned it as a pivotal player in international real estate, catering to high-net-worth individuals with a diverse range of services, from property sales to comprehensive after-sale support.
Trade Arabia
18-03-2025
- Business
- Trade Arabia
Whitewill named master broker for $1bn RAK residential project
AARK Developers, a leading player in the UAE's luxury real estate sector, has appointed Whitewill, the international luxury real estate agency for developers and partners across the UK, US and UAE markets, as the master broker for its flagship development, Sora Beach Residences, in Ras Al Khaimah. An AED4 billion ($1.1 billion) ultra-luxury beachfront development on Al Marjan Island, Sora Beach Residences stands as a landmark in modern architecture and hospitality-driven living. It boasts fully furnished residences with unobstructed sea views, a 1000-foot private beach, the largest residential atrium in the region at 138 ft, an exclusive beach club, and over 50 amenities. Conceptually designed by world-renowned Japanese architectural firm Nikken Sekkei, with interiors crafted by the acclaimed UK based design firm Shalini Misra, the key development is set to redefine waterfront luxury living. The appointment marks a significant milestone in the project's journey, as Whitewill takes charge of the global sales and marketing strategy for the AARK's flagship development. Whitewill said it will leverage its extensive network and expertise to drive sales and investment interest globally. Known for successfully marketing and selling prestigious projects across the UAE, Europe, and beyond, Whitewill has brokered some of Dubai's most significant property sales from Q4 2024 to Q1 2025, totaling over AED780 million, it stated. "We're thrilled to be named the Master Broker for Sora Beach Residences, a project that truly defines luxury beachfront living," remarked its COO Olga Pankina. With Ras Al Khaimah's real estate market booming - total transactions soaring to AED15.08 billion in 2024, up 118% from last year, the emirate is quickly becoming a prime destination for high-end yet accessible real estate. Sora Beach Residences offers a rare mix of luxury, affordability and strong investment potential, making it a standout opportunity for buyers looking to be part of RAK's exciting transformation, it stated. "Our team is committed to ensuring investors and homeowners see the unmatched value in this development," he noted. Rahul Kumar Gupta, Chairman of AARK Developers, said: "Sora Beach Residences is one of the most anticipated luxury projects in the UAE, and having Whitewill as our exclusive agency ensures that we reach the right clientele globally." "Their deep understanding of the international luxury real estate market, coupled with their strategic approach to sales and marketing, aligns perfectly with our vision for this project," stated Gupta.
