Latest news with #Dhs431
Gulf Today
3 days ago
- 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
What's On
17-06-2025
- Entertainment
- What's On
13 of the best adventures to have in the UAE this long weekend
A long weekend is coming soon, which means more time to do the things you've been putting off. If you're a thrill seeker, adrenaline-junkie, or just generally into adventures of all kinds, there is no shortage of experiences across the UAE. Take your pick. For the desert lovers… Night Safari with Arabian Adventures This evening desert safari with Arabian Adventures ensures that you get a taste of that quintessential UAE experience wile staying out of the daytime summer heat. Discover the charm of the Dubai desert, a world of natural wonder, indigenous wildlife, and Bedouin culture, along with fun desert sports. Offer: Starts from Dhs431 Location: Dubai Desert Contact: : ( 800) 272 2426 @arabianadventures Overnight Safari by Arabian Adventures This all-inclusive overnight desert safari is a UAE staycation must. Camp out in a deluxe tent on a raised platform with a world of amenities and experiences to complete your stay. Included in the package is a thrilling dune drive, camel ride, walking night safari, waiter service, set menu BBQ dinner and more. Offer: Starts from Dhs1,790 Location: Dubai Desert Contact: : ( 800) 272 2426 @arabianadventures Hot Air Balloon with Hero Balloon Flights This is the hot air balloon experience of your dreams, because it's not just a hot air balloon ride. The balloon flight takes you over the Dubai Desert Conservation Reserve, offering spectacular views of the sands, sky and sunrise from 3,000 feet above. The complete package features the ride, a breakfast and a ride in a vintage Defender. Offer: Starts from Dhs1,995 Location: Dubai Desert Conservation Reserve Contact: ( 0) 4 412 6333 @heroballoonsdubai For the street crawlers… Parkour at XPark Located just a few hops, kick-flips and jumps away from Kite Beach – XDubai has long been a half-pipe haven for the UAE's skatewardly mobile. Traceurs can explore the Path of Discovery, challenging themselves on the parkour loop, scaling new heights at the 20-foot climbing tower. Offer: Starts from Dhs75 Times: Sunday to Friday, 2.30pm to 5.30pm, 6pm to 9.30pm, Saturday, 8am to 11.30am, 2.30pm to 5.30pm, 6pm to 9.30pm Location: XPark Dubai, Kite Beach Contact: ( 0) 56 416 3585 @xdubai Skateboarding at Circuit X Hudayriat Island is one of Abu Dhabi's most impressive alfresco adventure hubs and amongst its many assorted attractions is the Circuit X skate park. You can try three separate bowls of varying difficulty level, practice lip tricks on ledges, grind rails, smash quarter pipes, and cruise through a simulated urban skate section. Offer: Starts from Dhs40 Times: Monday to Thursday, 2pm to 10pm, Friday, 2pm to 11pm, Saturday and Sunday, from 9am to 11pm Location: Circuit X, Hudayriat Island, Abu Dhabi Contact: ( 0) 2 691 0302 @circuitx_hudayriyat For the water babies… Sailing with Wind Rises Whether you're a seasoned sailor or dipping your toes into the world of sailing for the first time, the Wind Rises sailing experience promises thrills, stunning views of the Arabian Gulf, and a whole lot of joy. They have a number of sailing options to choose from, and you can even prepare with them for competitions. Offer: Starts from Dhs200 per person on weekdays Location: Wind Rises, Port Rashid, Dubai Contact: ( 0) 58 106 5026 @windrisesdubai Surfing at Surf Abu Dhabi Seasoned and budding surfers, head over to Surf Abu Dhabi, the world's biggest and most advanced artificial wave facility. You can choose from open sessions tailored to beginner, intermediate and advanced surfers, as well as 1-on-1 surfing lessons, and an entire 90-minute surf trip for you and 5 other surfers. Offer: Starts from Dhs600 Times: Daily, 9am to 10pm Location: Surf Abu Dhabi, Hudayriat Island Contact: @surfabudhabi Scuba diving at Deep Dive Dubai Deep Dive Dubai has the worlds largest indoor pool for diving, with the terrifying depth of 6o metres. Of course, if you're an experienced diver with a license you can go all the way and explore, but if you're a beginner or looking to get into diving, the expert instructors will guide you through the whole process. Offer: Starts from Dhs1,800 Times: Daily, 9am to 6pm Location: NAS Sports Complex, Dubai Contact: (0) 4 501 9444 @deepdivedubai Wakeboarding at Wake Dubai Wake Dubai has long offered instructor-led and independent-led sessions, making it suitable for beginners and seasoned surfers. A professional team of captains and instructors are at your service to ensure a safe and thrilling ride that will have you up on the waves in no time. Offer: From Dhs350 Times: Daily, 6am to 5.30pm Location: Dubai Marina and Dubai Creek Contact: : ( 0) 56 108 4599 @wake_dubai For the sky-high thrill seekers… XLine The XLine zipline is as thrilling as it gets, with a one-kilometre-long zipline that will see you soaring over Dubai Marina at up to 80 kilometres per hour. This is the longest urban zipline in the world, and offers stunning views of the Dubai Marina skyline as you soar away. Offer: From Dhs350 Times: Daily, 9.45am to 12.20pm, 1.45pm to 5pm Location: Dubai Marina Contact: : (0) 56 507 6366 @x_line Skydiving at Skydive Dubai A bucket list attraction for many, Skydive Dubai attracts divers from far and wide. If jumping out of a plane several thousand feet above the ground sounds like your idea of fun, take this weekend as your sign to book in your slot. It's a one-of-a-kind Dubai experience. Offer: From Dhs2,199 Location: Dubai Marina Contact: : (0) 4 377 8888 @skydivedubai Jebel Jais Zip Line in Ras Al Khaimah This zipline in the longest zipline in the world and you can only imagine how amazing the views would be. The journey takes thrill seekers on a 2.83km journey through the Hajar mountains at an eye-watering 1,680 metres above sea level. Riders can expect to reach speeds of up to a hair-raising 120km/h. Offer: From Dhs250 Location: Jebel Jais, Ras Al Khaimah Contact: : (0) 4 815 7333 Flying at Jazirah Aviation Club For something a little different, head to Ras Al Khaimah's unique Jazirah Aviation Club. This centre has been running for 25 years, and invites budding pilots and aviation enthusiasts to enjoy tours of the skies in its colourful small planes and even get a go at flying the plane yourself. Timings: Monday to Wednesday, 8am to 6pm Location: Jazirah Aviation Club Contact: : (0) 7 244 6416 @ Images: Socials
