logo
#

Latest news with #Dhs345

Dubai real estate transactions exceed Dhs431 billion in H1 2025
Dubai real estate transactions exceed Dhs431 billion in H1 2025

Gulf Today

time20-07-2025

  • Business
  • Gulf Today

Dubai real estate transactions exceed Dhs431 billion in H1 2025

Dubai's real estate sector recorded an exceptional performance in H1 2025, further reinforcing the emirate's position as a leading global hub in this vital sector. According to data issued by the Dubai Land Department, the number of real estate transactions reached 125,538, up from 99,947 during the same period in 2024, an increase of 26%. The total value of these transactions reached approximately Dhs431 billion, compared to Dhs345 billion last year, a 25% rise, highlighting the strong growth momentum in the market. The total number of real estate procedures, encompassing sales, leases, and other transaction types, exceeded 1.3 million during the same period, reflecting growing confidence among investors and stakeholders, along with sustained demand across Dubai's diverse real estate segments. Dubai's real estate investment market delivered outstanding results in the first half of the year, attracting 94,717 investors, a 26% increase, who completed 118,132 investments valued at approximately Dhs326 billion. This represents a 39% rise from Dhs234 billion during the same period last year, highlighting Dubai's sustained appeal to investors across diverse segments and nationalities. The number of new investors in Dubai's real estate market reached 59,075, with investments totalling Dhs157 billion, a 22% increase in the number of investors and a 40% growth in investment value. Notably, residents in the UAE accounted for 45% of these new investors, highlighting the success of strategies aimed at converting tenants into homeowners. This also underscores the attractiveness of the local market for long-term stability, the resilience of Dubai's property ownership ecosystem and the effectiveness of its incentive-driven initiatives. Women played a pivotal role in driving market activity, investing Dhs73.2 billion during this period with 34,792 transactions made by 30,487 female investors. This highlights the growing influence of women in shaping Dubai's real estate landscape and advancing economic diversity. By nationality, GCC investors contributed Dhs22.56 billion in investments, Arab investors Dhs28.4 billion, and foreign investors Dhs228.35 billion. These figures underscore Dubai's strong position as a global real estate investment hub and its continued ability to attract capital from around the world, supported by an advanced regulatory environment, world-class infrastructure, and initiatives centred on growth and sustainability. This exceptional performance also highlights the strength and resilience of Dubai's real estate sector and its capacity to sustain growth under varying conditions. These results have been driven by the visionary leadership's forward-looking initiatives aimed at accelerating national economic progress, bolstering investor confidence, and achieving the objectives of the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033. Several areas in Dubai recorded remarkable performance in terms of the number of real estate transactions in the first half of 2025. Al Barsha South Fourth topped the list with 10,469 transactions, followed by Al Yalayis 1 with 7,595 transactions, and Wadi Al Safa 5 with 7,178 transactions. Other high-performing areas 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). This diverse activity highlights the depth and dynamism of Dubai's real estate landscape. In terms of transaction value, Dubai Marina led the market with Dhs25.1 billion, followed by Business Bay at Dhs22.5 billion, Burj Khalifa at Dhs17.1 billion, and Palm Jumeirah at Dhs16.96 billion, underscoring the concentration of luxury investments in these prime locations. Other high-value areas included Al Yalayis 1 (Dhs15.7 billion), Meaisem Second (Dhs15.4 billion), Wadi Al Safa 5 (Dhs15.3 billion), Airport City (Dhs15.2 billion), and Al Barsha South Fourth (Dhs14.9 billion). Mohammed Bin Rashid Gardens also stood out, registering Dhs14.5 billion in transaction value, reflecting the expanding landscape of investment-attractive areas and rising demand for diverse real estate developments. The Dubai Land Department remains committed to fostering a transparent and efficient real estate ecosystem by enhancing digital services, boosting market competitiveness, and aligning legislation with incentive-driven initiatives. DLD reaffirms its ongoing efforts to implement the goals of the Dubai Real Estate Strategy 2033, in alignment with the objectives of the Dubai Economic Agenda D33, which aims to position Dubai among the world's top three economic cities and ensure the sustainability of the real estate sector as a key pillar of the emirate's economic diversification. WAM

An Afternoon Tea with What's On: here's how it went
An Afternoon Tea with What's On: here's how it went

What's On

time14-07-2025

  • Entertainment
  • What's On

An Afternoon Tea with What's On: here's how it went

On Wednesday, June 18, ten lucky What's On readers and their guests were treated to an unforgettable afternoon of indulgence at Majlis by Pierre Hermé, nestled inside the opulent Rosewood Abu Dhabi. The exclusive event marked the official preview of Majlis' brand-new Afternoon Tea experience—and it was every bit as elegant, refined, and flavourful as promised. Since its debut in late 2024, Majlis has quickly garnered a reputation as a destination for style, sophistication, and world-class culinary craft. This latest afternoon tea offering solidifies its place at the forefront of Abu Dhabi's luxury dining scene. Guests were welcomed into the chic surrounds of Majlis, where they were greeted with a specially curated four-course journey inspired by the iconic artistry of Pierre Hermé, the internationally acclaimed pastry chef often dubbed the 'Picasso of Pastry.' The culinary affair began with a delicate amuse-bouche, setting the tone for what would be a meticulously crafted experience. This was followed by an array of artisanal sandwiches—a refined nod to classic English flavours, elevated through French technique and flair. A refreshing palate cleanser offered a brief but welcome interlude before the show-stopping finale: an elegant stand brimming with Pierre Hermé's signature pastries, each one a masterpiece of design and flavour. Guests sipped on rare brews like Geisha coffee and a handpicked selection of Avantcha teas, chosen to complement the courses and elevate the overall experience. The thoughtful pairings and impeccable service throughout the two-hour seating window ensured that every attendee felt like a true VIP. Guests even got a goody bag to bring home after the experience. Missed the event? Don't worry—Majlis by Pierre Hermé is now officially serving this luxurious afternoon tea experience to the public. With prices starting from Dhs345, it's your turn to indulge in what's sure to become a new Abu Dhabi ritual. Stay tuned to What's On Abu Dhabi for more exclusive experiences and insider events across the capital. > Sign up for FREE to get exclusive updates that you are interested in

Cool down season: these top Dubai attractions are staying open all summer
Cool down season: these top Dubai attractions are staying open all summer

What's On

time03-07-2025

  • Entertainment
  • What's On

Cool down season: these top Dubai attractions are staying open all summer

While summer in Dubai may come with soaring temps, the city knows how to keep the fun going. From indoor theme parks to rainforest biodomes and snowy slopes, here are the coolest indoor attractions staying open throughout the season. Ski Dubai, Mall of the Emirates Snow in the desert? Always. Ski Dubai offers year-round skiing, snowboarding, chair lifts, and even penguin meet-and-greets. It's the perfect spot to beat the heat—whether you're a thrill-seeker or just want to sip hot chocolate in sub-zero temps. Book a Snow Park pass for tubing, zorbing, and snowball fights with the family. Location: Mall of the Emirates, Sheikh Zayed Road Times: Daily, 10 am–11 pm (last entry 90 mins before close) Cost: From Dhs195 for Snow Park access; slope skiing starts at Dhs180; day passes ~Dhs300 Contact: (04) 409 4000 | IMG Worlds of Adventure As the world's largest indoor theme park, IMG Worlds is a 1.5 million sq ft wonderland filled with thrill rides, roller coasters, and character zones from Marvel and Cartoon Network. It's a great day out for both kids and adults, with everything under one air-conditioned roof—plus restaurants, cinema and retail. IMG Worlds of Adventure Location: E311 Sheikh Mohammed Bin Zayed Road, City of Arabia Times: Mon–Wed & Sun 11 am–9 pm; Thu–Sat 11 am–10 pm Cost: From Dhs345 for kids Dhs295; under 1.05m free. Fast Track ~Dhs195 add-on Contact: +971 4 403 8888 | info@ The Green Planet, City Walk Step into a four-storey tropical rainforest complete with sloths, toucans, and 3,000+ species of flora and fauna. This biodome offers guided tours, animal encounters, and even overnight camping for kids. A nature escape that doesn't involve leaving the city. Location: City Walk, Al Wasl Times: Sun–Wed 10 am–8 pm; Thu–Sat 10 am–10 pm Cost: Around Dhs90 per adult; kids Dhs70; family packages available Contact: +971 4 240 7700 | KidZania, Dubai Mall This miniature city lets kids take on real-world jobs—everything from airline pilot to pizza chef—while earning KidZos (their own currency). It's educational, engaging, and conveniently located in Dubai Mall, ideal for parents looking to shop or dine while the kids play. Location: Second Level, The Dubai Mall Times: Sun-Thurs 10am-10pm Cost: From Dhs90 Contact: 800 38224 6255 Museum of the Future Dubai's architectural marvel invites you to explore AI, space travel, sustainability and innovation through futuristic exhibits and immersive storytelling. It's not just eye candy—it's an inspiring, hands-on experience for curious minds of all ages. Location: Sheikh Zayed Road, Trade Centre Times: Thurs to Wed 9am to 9pm Cost: Dhs159 Contact: 800 2071 Theatre of Digital Art, Souk Madinat Jumeirah Art meets tech in this 360° immersive venue. Watch famous masterpieces come alive through animation and sound. They also host yoga sessions and musical performances inside the space—bringing wellness, culture, and entertainment together. Location: Souk – Madinat Jumeirah – Al Sufouh 1 Times: Thurs to Wed 10am to 11pm Cost: Dhs70 for kids, Dhs110 for adults Contact: 04277 4044 Dubai Aquarium & Underwater Zoo Located in Dubai Mall, this enormous aquarium features a 10-million-litre tank you can walk through via a tunnel. Spot sharks, rays, and over 140 species of marine life, or take a glass-bottom boat ride right above the action. Location: Dubai Mall, Downtown Dubai Times: Thurs to Wed, 10am to 10:15pm Cost: From Dhs169 AYA Universe, Wafi City Twelve immersive zones filled with light, sound, and digital art make AYA Universe a sensory playground. Each room is Instagram gold—think glowing gardens, mirrored halls, and spacey dreamscapes. Location: Wafi City, Oud Metha Times: Sun-Thurs 10am-10pm, Fri-Sat 10am-midnight Cost: Dhs135. Contact: 04 542 0300 | Dubai isn't slowing down this summer—and neither should you. Pack the SPF for the car ride and let the AC-powered adventures begin. Image: Archive Supply

Brunch with a side of live music and sweeping city views? Yes, please
Brunch with a side of live music and sweeping city views? Yes, please

Time Out Dubai

time19-06-2025

  • Entertainment
  • Time Out Dubai

Brunch with a side of live music and sweeping city views? Yes, please

We don't know about you, but brunching on the 52nd floor with live music is high up on our list of the wonderful things that make Dubai, Dubai. That's what's awaiting you at Prime52's new Live Lounge Brunch. It's all happening indoors, so it's perfect for the season right now. Perched on the 52nd floor of Dubai Marriott Harbour Hotel & Suites, this modern steakhouse now plays host to a Saturday affair that combines a four-course brunch with skyline vistas and a three-piece band that's sure to elevate your weekend mood. Running every Saturday from 1pm to 4.30pm, you'll start with warm bread and moreish accompaniments, followed by a generous raw selection that includes oysters, prawn cocktail, scallop carpaccio, tuna tartare and a delicately prepared Angus beef carpaccio. From there, it's on to sharing-style starters with highlights like burrata and tomato tartare, mushroom croquettes with truffle mayo, and buttery braised beef rolls. Not in a rush? Perfect – this brunch was designed for lingering (and enjoying the air conditioned indoors). Mains offer a little something for everyone: USDA tenderloin, cedar wood roasted salmon, gnocchi, or baby chicken, all flanked by hearty sides like homemade fries with béarnaise and grilled vegetables. And if you've got room (make sure you do), the dessert trolley is worth making space for, with New York cheesecake, chocolate mousse, pecan tart and a few more sweet favourites in the mix. Choose your package Soft package: Dhs345 House beverage package: Dhs445 Premium beverage package: Dhs545 Bubbly package: Dhs765 If this sounds like a great way to spend a Saturday afternoon, start making your plans. Book now: +971 4 319 4000 or email welcome@ Discover specials: From Dhs345. Every Saturday, 1pm-4.30pm. Dubai Marriott Harbour Hotel & Suites, Dubai Marina, @prime52dxb (04 319 4000).

Afternoon tea with What's On: get an exclusive preview at Majlis by Pierre Hermé
Afternoon tea with What's On: get an exclusive preview at Majlis by Pierre Hermé

What's On

time13-06-2025

  • Entertainment
  • What's On

Afternoon tea with What's On: get an exclusive preview at Majlis by Pierre Hermé

What's On is teaming up with one of Abu Dhabi's most elegant destinations for an indulgent afternoon unlike any other. On Wednesday, June 18, 10 lucky readers and their guests will get an exclusive first taste of the brand-new Afternoon Tea at Majlis by Pierre Hermé, inside the luxurious Rosewood Abu Dhabi. Since opening in late 2024, Majlis has quickly become a go-to for stylish sips, decadent bites, and trendsetting takes on the afternoon tea tradition. And now, they're raising the bar. This specially curated four-course experience is inspired by the legendary career of world-renowned pastry chef Pierre Hermé, promising delicate flavours, bold technique, and a masterclass in presentation. Here's what's on the menu: A refined amuse-bouche to start Artisanal sandwiches inspired by classic English flavours A refreshing palate cleanser And the pièce de résistance: a show-stopping stand of Pierre Hermé's signature pastries Pair it all with rare and elegant brews, including Geisha coffee and a bespoke selection of Avantcha teas, handpicked to elevate the experience. Usually priced from Dhs345, this preview is exclusively available to selected What's On readers and whoever they choose to enjoy this experience with. Guests will enjoy full table service during a two-hour seating window and won't be available to anyone else – just our – VIP What's On guests. Ready to indulge? RSVP here. > Sign up for FREE to get exclusive updates that you are interested in

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store