Latest news with #SpringfieldProperties


Zawya
10 hours ago
- Business
- Zawya
Dubai Real Estate Transactions reach AED144.7bln in Q2 2025 as off-plan market leads performance
Overall sales volume reached 48,519, up 14.8% from Q1. Rental income topped AED 9.4 billion, supported by demand in villa-led communities. Dubai: Dubai's real estate market recorded AED 144.7 billion in transactions during Q2 2025; a 26.8% increase from the previous quarter and a 39.7% rise year-on-year. A total of 48,519 transactions were registered, with demand concentrated in infrastructure-linked zones and well-established master-planned communities. The quarter also saw a notable uptick in foreign capital flows, driven by currency-based affordability and growing trust in the local regulatory framework. Off-plan performance led the market, contributing AED 98.4 billion in transaction value - an 82.7% increase from Q1. A total of 31,699 off-plan units were sold, while the ready market accounted for AED 46.4 billion across 16,820 transactions. Rental income reached AED 9.4 billion, with high absorption recorded in districts such as Arabian Ranches, DAMAC Hills, and Jumeirah Golf Estates. 'This quarter reflects a decisive shift in buyer strategy,' said Farooq Syed, CEO of Springfield Properties. 'We're seeing strong alignment between investor confidence, infrastructure delivery, and the long-term fundamentals that continue to underpin Dubai's real estate market'. The report highlights several forces shaping market behaviour this quarter. Areas linked to the new Dubai Metro Blue Line are seeing early pricing momentum. International buyers from the UK, Europe, and India are capitalising on currency arbitrage to secure AED-denominated assets. Digital platforms, particularly those powered by AI, are accelerating buyer decision-making across financing and location filtering. Meanwhile, off-plan launches continue to dominate investor sentiment, with flexible payment plans and early access to infrastructure-led communities driving transaction volumes.


Arabian Business
03-06-2025
- Business
- Arabian Business
Dubai residential real estate hit $14.8bn in May; analyst reveals Q2 forecast
Dubai's residential real estate market demonstrated resilient capital performance in May 2025, recording AED54.4bn ($14.8bn) in transactions; a 39.08 per cent increase year-on-year. A total of 17,475 transactions were registered, reflecting both depth and consistency across off-plan and ready segments. This activity was underpinned by structured developer launches, accessible mortgage rates, and sustained inflows of foreign capital. Dubai real estate Off-plan sales represented 60.2 per cent of total market volume, driven by investor confidence in phased masterplans, payment flexibility, and community-led offerings. The secondary market accounted for 39.8 per cent of transactions, led by end-user activity in villa-led zones and branded residential stock. Pricing remained broadly stable across key family-oriented districts, including Dubai Hills Estate, Business Bay, and Jumeirah Village Circle. Farooq Syed, CEO of Springfield Properties, said: 'The data reflects a market moving in sync with structural demand. Developers are not chasing volume; they're curating value. Buyer decisions are increasingly grounded in long-term asset performance, product integrity, and urban positioning. That alignment is what continues to set Dubai apart.' Jumeirah Village Circle led transactional volume with 1,800 deals at an average price point of AED1.07m ($291,000), highlighting the sustained appetite for mid-market liveability. Meanwhile, Palm Jumeirah and Downtown Dubai continued to anchor high-value activity, with average sales exceeding AED5m ($1.4m) across branded and waterfront stock. Favourable financing conditions remained a key pillar of buyer activity, with sub-4 per cent fixed mortgage offerings available across major lenders. Currency movements further supported international transactions, with buyers from Europe, India, and Russia capitalising on improved AED affordability amid FX fluctuations. Dubai's population reached approximately 3.95m in May, reinforcing leasing and ownership demand across both villa and apartment segments. High-absorption areas included Palm Jumeirah and Jumeirah Islands, where average villa rentals exceeded AED1.2m ($327,000). Branded apartments in Business Bay and Dubai Creek Harbour maintained strong yield performance and stable occupancy. Syed said: 'We're seeing strong absorption in thoughtfully released inventory, with developers pacing launches in line with population growth, financing cycles, and real end-user priorities'. As Q2 progresses, Dubai's residential market continues to show consistency in transaction volume and pricing across both off-plan and completed inventory. Developer activity remains disciplined, with launches paced to match buyer demand and capital absorption. Supported by financing stability and population growth, the market outlook remains steady across key segments.


Zawya
03-06-2025
- Business
- Zawya
Dubai real estate records AED 54.4bln in may transactions
AED 54.4 billion in total sales value in May 2025, up 39.08% YoY 17,475 transactions recorded, up 6.5% YoY and 15.3% MoM Off-plan accounted for 60.2% of volume; steady absorption observed in completed prime zones Dubai's population reached 3.95 million, reinforcing demand fundamentals Dubai: Dubai's residential market demonstrated resilient capital performance in May 2025, recording AED 54.4 billion in transactions; a 39.08% increase year-on-year. A total of 17,475 transactions were registered, reflecting both depth and consistency across off-plan and ready segments. This activity was underpinned by structured developer launches, accessible mortgage rates, and sustained inflows of foreign capital. Off-plan sales represented 60.2% of total market volume, driven by investor confidence in phased masterplans, payment flexibility, and community-led offerings. The secondary market accounted for 39.8% of transactions, led by end-user activity in villa-led zones and branded residential stock. Pricing remained broadly stable across key family-oriented districts, including Dubai Hills Estate, Business Bay, and Jumeirah Village Circle. Farooq Syed, CEO of Springfield Properties, stated: "The data reflects a market moving in sync with structural demand. Developers are not chasing volume; they're curating value. Buyer decisions are increasingly grounded in long-term asset performance, product integrity, and urban positioning. That alignment is what continues to set Dubai apart.' Jumeirah Village Circle led transactional volume with 1,800 deals at an average price point of AED 1.07 million, highlighting the sustained appetite for mid-market livability. Meanwhile, Palm Jumeirah and Downtown Dubai continued to anchor high-value activity, with average sales exceeding AED 5 million across branded and waterfront stock. Favourable financing conditions remained a key pillar of buyer activity, with sub-4% fixed mortgage offerings available across major lenders. Currency movements further supported international transactions, with buyers from Europe, India, and Russia capitalising on improved AED affordability amid FX fluctuations. Dubai's population reached approximately 3.95 million in May, reinforcing leasing and ownership demand across both villa and apartment segments. High-absorption areas included Palm Jumeirah and Jumeirah Islands, where average villa rentals exceeded AED 1.2 million. Branded apartments in Business Bay and Dubai Creek Harbour maintained strong yield performance and stable occupancy. 'We're seeing strong absorption in thoughtfully released inventory, with developers pacing launches in line with population growth, financing cycles, and real end-user priorities 'added Syed. As Q2 progresses, Dubai's residential market continues to show consistency in transaction volume and pricing across both off-plan and completed inventory. Developer activity remains disciplined, with launches paced to match buyer demand and capital absorption. Supported by financing stability and population growth, the market outlook remains steady across key segments. About Springfield Properties Springfield Properties, headquartered in Dubai, is a beacon of innovation and excellence in the real estate industry. With a team of over 140 dedicated realtors, we are committed to reshaping the financial landscape with a forward-thinking, human-centric approach. Our mission revolves around assisting value-driven investors, individuals, and businesses in achieving financial success while upholding the highest standards of integrity and market expertise. We understand that every client is unique, and our goal is to provide tailored solutions that meet their specific needs. As a dynamic force in the real estate industry, we seamlessly blend innovation and expertise to deliver exceptional results. We harness the power of real-time, data-driven insights while maintaining a deep understanding of the ever-evolving financial landscape in the UAE. Springfield Properties earned the trust of our clients through unmatched market insight and a commitment to excellence. Since our establishment in 2008, we have consistently demonstrated our ability to meet and exceed our clients' expectations. - Facebook: Springfield Properties | Dubai | Facebook - Twitter: Springfield Properties | Dubai | Facebook - LinkedIn: Springfield Properties | LinkedIn - YouTube: Springfield Properties - YouTube


Daily Record
28-05-2025
- Business
- Daily Record
Waterworks for new 3000 home Stirilng supervillage set to close roads
Waterworks for new 3000 home Stirilng supervillage set to close roads Scottish Water are due to carry out three weeks of investigations ahead of construction of the Durieshill development. (Image: Springfield Properties and Barratt Homes ) Scottish Water will shortly start work to investigate the condition of its water network in preparation for a major new housing development for Stirling. Durieshill - dubbed the 'Supervillage' - will see the creation of a brand new 3,000 home village between Plean and Bannockburn. Homebuilders Springfield Properties and Barratt Homes submitted updated applications to Stirling Council for the Durieshill development at the end of last year. As one of the largest detailed planning applications to have been approved in Scottish history, it spans 600 acres and will include extensive green spaces, schools, shops, and commercial opportunities. Scottish Water are preparing to do some preliminary work, which will mean some road closures in the coming weeks. The critical work – which involves digging several test holes and use non-damaging methods to check the condition of the water pipes - will be done in three phases, with road closures lasting about three weeks in total. Article continues below The first part of the work will take place on Cadgers Loan Road, requiring the road to be closed from the junction at Cadgers Loan to the entrance of Plean Country Park. This work is scheduled to run from Monday June 9 until Thursday June 12. A Scottish Water spokesperson said: 'The second phase of work will occur at the junction of Cadgers Loan and Bore Row starting Thursday June 12 and will last approximately two days. 'The third phase of the work will take place on Bore Row and Roman Road from Saturday June 14 to Saturday June 21, lasting seven days. 'Scottish Water is working closely with local authorities and stakeholders to minimise disruption to residents and commuters, and access to local businesses and properties will be maintained. 'As Scotland continues to see substantial housing growth, we are committed to ensuring that our infrastructure is robust, reliable, and capable of supporting these developments. Scottish Water investigations will require some road closures over the coming weeks (Image: SCOTTISH WATER ) New William Wallace Running Festival set to showcase the sights of Stirling READ MORE: 'This work is essential to guaranteeing that the network operates efficiently and sustainably, both now and in the years to come.' The work will be delivered by McFaddens Civils on behalf of Scottish Water Horizons. The latest planning application for Durieshill incorporates a 'green and blue' infrastructure network which will see a blend of natural and man-made elements, like parks and gardens with blue elements such as rivers and ponds. Open space enhancements, and meadow planting also feature. Article continues below Springfield Properties and Barratt Developments entered into a partnership to accelerate the delivery of a new 3,042-home village at Durieshill, on the outskirts of Stirling last year. Durieshill was officially given the final go-ahead in September 2023 – almost 20 years after first being mooted. Proposals for a new 3,000 home development on the site were first dreamt up in 2004.


Arabian Business
26-05-2025
- Business
- Arabian Business
Dubai real estate market set for boost in brand partnerships after Trump visit
US President Donald Trump's recent visit to the UAE will trigger renewed international investor attention to the country's economic fundamentals and investment landscape, especially in the real estate sector, influencing capital allocation decisions by institutional and wealthy investors globally, industry watchers said. The country's upshot visibility post the high-profile visit can generate tangible market movement with heightened interest from American and international high-net-worth individuals, besides attracting re-engagement from investors previously monitoring the market, they said. With Trump's brand deeply associated with luxury real estate, Dubai – and the wider UAE market – could also see an acceleration of brand collaborations and joint venture conversations, industry players said. 'Increased international spotlight on Dubai in the wake of President Trump's visit will draw renewed attention to the city's high-end property sector,' Farooq Syed, CEO of Springfield Properties, a leading industry player, told Arabian Business. 'Dubai's value proposition – already high with its lifestyle, tax efficiency, and investor-friendly regulations – will get a bumper booster with moments like this – [Trump's visit] – and will contribute to renewed momentum in the premium segment,' he said. Market players said any indication of engagement with Dubai's real estate market – whether through meetings, interest in expansion, or alignment with developers – further supports the emirate's position within the tier-one global property landscape. 'For global investors, the optics of such a visit – particularly when linked to business, real estate, or strategic engagement – serve as an indicator of confidence in the region's long-term trajectory,' an industry executive said. Dubai's global investment appeal Sector experts said Dubai, already established as a global destination for capital and luxury real estate, is expected to benefit in a big way from high-profile external validations such as the Trump visit that reinforces its positioning. For international investors, the Trump visit will reinforce the perception of the UAE as a stable geopolitical environment, a destination open to global partnerships and a platform for long-term private sector participation in regional growth, they said. Syed said several key signals emerge from the US President's recent visit that are relevant to investors evaluating market exposure in the Gulf. 'Global validation of the UAE's investment climate, increased international spotlight on Dubai and a perceived association with the Trump brand – with his flagship business being a Tier 1 global real estate player – are among the key signals that emerge from the high-profile visit that will have major market impact,' he said. 'Trump's presence, through the dual lens of a US President and an internationally recognised business figure, underscores the strength of the UAE's macroeconomic narrative,' the Springfield Properties' chief executive said. Industry watchers said investors often view high-profile engagement of this nature as validation of the country's political stability, regulatory transparency and economic resilience. Trump visit boosts UAE Industry experts said President Trump's engagement with the UAE may be read as a signal of alignment with the country's broader strategic positioning. The visit could also have ripple effects on Dubai's real estate market, as high-level visibility often results in immediate interest in the luxury segment, they said. Industry players said the Trump visit is expected to soon kick off re-engagement from investors who were previously monitoring the market. The market could also see acceleration of brand collaborations and joint venture conversations, they said. Dubai and the UAE markets continue to demonstrate comparable infrastructure and development standards, access to global capital, and competitive yields, particularly in the luxury and branded residence segments. The recent high-profile visit of the US President will lend significant political confidence and soft power to the Gulf country and its markets, with Trump wielding influence across conservative and business-focused investor networks, experts said. Syed, however, said that for the country's real estate sector, the deeper effects of the visit will be typically multi-phased for the real estate, seeing a surge in inbound inquiries for premium and branded real estate in the short-term. 'In the medium-term, it could see growth in international partnerships and co-development interest, while in the long-term, it will lead to a strengthened global narrative around Dubai as a resilient, future-ready investment hub,' he said.