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Khaleej Times
01-07-2025
- Business
- Khaleej Times
Dubai's equity benchmark gains 10.6% so far this year
The success of Dubai's diversification efforts once again came to the fore on Wednesday, as the emirate's benchmark stock index marked year-to-date gains of 10.6 per cent, despite facing global headwinds and geopolitical uncertainty. The DFM General Index registered its third consecutive monthly gain in June, rising by 4.1 per cent to close the month at 5,705.76 points. This increase lifted the index's gains to the second highest in the Gulf Cooperation Council after Kuwait, which has gained 14.8 this year and 4.2 per cent last month. Sectoral performance was largely positive, with six out of eight sector indices posting gains during the month. The materials index recorded the biggest monthly gain during June, surging by 21.9 per cent, followed by the industrial index, which advanced by 10.8 per cent. The financial index rose by 4.7 per cent during the month, ending at 3,984.2 points, driven primarily by strong double-digit share price gains in several key sector constituents, including Ekttitab Holding Company (+26.7 per cent) and Amlak Finance (+49.1 per cent). The real estate index — the most heavily weighted among the DFM indices — gained 4.7 per cent during the month. This performance was supported by notable share price gains in companies such as Union Properties (+34.6 per cent) and Al Mazaya Holding Company (+11.8 per cent). The utilities index also advanced by 4.3 per cent, closing the month at 1,022.8 points, as all three constituent companies in the sector reported gains during the month, including a 3.3 per cent rise in the share price of Dewa. According to Bloomberg's monthly stock performance data, Amlak Finance led the list of top gainers in June, posting a notable 49.1 per cent increase in its share price. It was followed by Union Properties and United Foods Co, which recorded gains of 34.6 per cent and 29.5 per cent, respectively. On the monthly decliners' side, Emirates Investment Bank registered the steepest drop, with a 12.3 per cent decline, followed by Agility and Dubai Insurance, which reported decreases of 11.1 per cent and 8.1 per cent, respectively, during the month. Trading activity on the exchange increased in June despite the Eid holidays. The total volume of shares traded surged by 54.6 per cent, reaching 7.0 billion shares compared to 4.5 billion shares in May. In contrast, the total value of shares traded rose marginally by 0.3 per cent, amounting to Dh15.11 billion in June versus Dh15.1 billion in May. Union Properties topped the monthly trading volume chart with 1.2 billion shares traded, followed by Drake & Skull International and Deyaar Development with volume traded at 836.3 million and 669.7 million shares, respectively. In terms of traded value, Emaar Properties led with Dh3.6 billion worth of shares traded during the month, followed by Dubai Islamic Bank and Emirates NBD at Dh1.5 billion and Dh1.2 billion, respectively. Dubai's real estate market continued its robust momentum in May, setting a new record with Dh66.8 billion in total sales transactions, according to data from Property Finder. Primary (off-plan) sales reached Dh17.9 billion, marking a remarkable 314 per cent y-o-y increase in value across 2,400 transactions. Meanwhile, the secondary (ready) market also achieved new highs, recording 6,078 transactions valued at Dh24 billion reflecting y-o-y growth of 8 per cent in volume and 21 per cent in value. These figures underscore sustained and strong demand in Dubai's resale property segment. In Abu Dhabi, the FTSE ADX Index marked its third consecutive monthly advance in June, registering a 2.8 per cent increase during June following a moderate 1.6 per cent gain in the preceding month. The index concluded June at 9,957.52 points, resulting in a year-to-date gain of 5.7 per cent for 1H-2025 while the Q2-2025 gains came in at 6.3 per cent. Sectoral trends on the exchange favoured gainers, with eight out of ten sector indices recording gains. The overall advance in the FTSE ADX General Index was primarily supported by gains in the energy, financial, real estate, and utilities indices. The real estate index led sectoral performance with a gain of 7.8 per cent, reaching 13,188.7 points, as share prices rose in four out of the five companies within the sector. Notably, Al Khaleeji Investment Company saw its share price increase by 7.7 per cent during the month. The utilities index followed with a 6.7 per cent gain, ending the month at 13,945.3 points, bolstered by a 6.7 per cent rise in the share price of its sole constituent, Abu Dhabi National Energy Co, during June. In contrast, the consumer staples index fell the most, declining 4.0 per cent as three out of six constituent companies registered share price decreases, led by a 9.7 per cent drop in shares of Hily Holding.
Al Etihad
01-07-2025
- Business
- Al Etihad
UAE stock markets extend gains in June, ADX up 2.8%, DFM jumps 4.1%
1 July 2025 14:13 REDDY (ABU DHABI)Despite a volatile regional backdrop, the UAE stock markets registered strong gains in June 2025, with the Abu Dhabi Securities Exchange (ADX) main index rising 2.8% and the Dubai Financial Market (DFM) index advancing 4.1%, according to Kamco Invest's latest GCC Markets Monthly performance reflected a continuation of positive momentum, with both exchanges recording their third consecutive monthly increases. Kamco Invest noted, 'GCC markets recover strongly despite geopolitical tensions and crude oil volatility,' pointing to a resilient investor sentiment across the ADX General Index closed June at 9,957.52 points, marking a year-to-date gain of 5.7% and a second quarter increase of 6.3%. The rally was broad-based, with eight out of 10 sector indices ending in the green. Real estate led the charge, surging 7.8%, followed by the utilities sector, which gained 6.7% on the back of a strong performance by Abu Dhabi National Energy Company (TAQA). The report noted that share prices rose in four of the five companies within the real estate individual stocks, Abu Dhabi National Co. for Building Materials was the top performer, soaring 125.3% in June. Other notable gainers included Fujairah Cement Industries (+77.2%) and Al Khaleej Investment Co. (+52.8%). On the downside, Insurance House fell 12%, while Oman & Emirates Investment Holding and Hily Holding dropped 10% and 9.7%, price movements were positive, trading activity on the ADX softened. The total value of shares traded declined by 14% to Dh26.3 billion, while volumes fell 4.4% to 6.6 billion shares. ADNOC Gas was the most traded stock by volume, followed by Multiply Group and Phoenix Group. In terms of value, First Abu Dhabi Bank led with Dh3.3 billion, trailed by IHC and ADNOC the Dubai bourse, the DFM General Index closed at 5,705.76 points, taking its year-to-date growth to an impressive 10.6%. Sectoral performance was largely positive, with six out of eight sector indices posting gains during the month, while the remaining two recorded declines. The materials index jumped 21.9%, followed by a 10.8% rise in the industrial sector. The heavyweight financial and real estate indices also recorded robust gains of 4.7% Finance emerged as the month's best-performing stock, climbing 49.1%. Union Properties and United Foods Co. also posted notable increases of 34.6% and 29.5%, respectively. The utilities sector, led by DEWA, contributed a 4.3% gain to the overall report observed that 'trading activity on the exchange increased in June despite the Eid holidays,' with volumes up 54.6% to 7 billion shares. However, the value traded remained flat at Dh15.1 billion. Union Properties topped the monthly trading volume chart with 1.2 billion shares exchanged, while Emaar Properties led in traded value with Dh3.6 the macroeconomic front, the report also cited the UAE Central Bank's projections, noting that the country's real GDP is expected to grow by 4.4% in 2025 and 5.4% in 2026. The central bank attributed the outlook to 'strong momentum in non-hydrocarbon activities and robust performance in the hydrocarbon sector,' aided by revised OPEC+ production estate sentiment in Dubai remains upbeat. Data cited by Kamco from Property Finder highlighted record-breaking activity in May 2025, with total sales hitting Dh66.8 billion. Off-plan transactions saw a staggering 314% year-on-year increase, while the ready market also posted strong 21% the robust gains across ADX and DFM reflect sustained investor confidence, improving economic fundamentals, and increasing interest in real estate, finance, and energy sectors. As Kamco concluded, the 'broad-based recovery' and 'consistent monthly advances' underscore the resilience of the UAE's financial markets heading into the second half of 2025. Looking at the regional picture, Kamco noted: 'After falling to the lowest level in two months during the first half of June 2025, the GCC market index witnessed strong and consistent recovery during the second half of the month, resulting in a 3.1% gain in the MSCI GCC index.' The gains were broad-based, with almost all markets closing in positive territory, barring Oman, which dipped 1.3%. Kuwait led regional performance with a 4.2% rise, followed by Dubai at 4.1%. Qatar added 2.7% while Saudi Arabia gained 1.6% during the month.
Khaleej Times
01-07-2025
- Business
- Khaleej Times
Dubai real estate: Low-risk investment hub with strong FDI growth
Dubai's real estate market will continue to attract significant foreign direct investment (FDI), reinforcing its status as a global investment hub due to its business-friendly policies such as long-term visas, zero income tax, and the Dubai Real Estate Strategy 2033, which enhances transparency and investor confidence. Referring to latest data, leading executives and experts said 2024 set a strong precedent with Dh52.3 billion ($14.2 billion) in total FDI, of which real estate accounted for 14%, equating to approximately $2 billion. The property sector recorded 217,000 investments valued at Dh526 billion in 2024, with 110,000 new investors, a 55% increase. In 2025, an expected 182,000 new housing units and sustainable developments like Dubai South and Dubai Creek Harbour are likely to sustain this momentum. 'Government initiatives, such as the Dubai 2040 Urban Master Plan and relaxed visa rules, further bolster demand for residential and commercial properties. Dubai's diversified economy and strategic location ensure its real estate market remains a magnet for global investors, with FDI expected to grow steadily in 2025,' according to the experts. Attracting Foreign Buyers Engineer Amer Khansaheb, Chief Executive Officer and Board Member, Union Properties, said the UAE real estate market is undergoing a significant transformation, evolving into a more institutionalised, globally competitive ecosystem that is attracting foreign and local buyers who are increasingly seeking long-term value. 'The real estate transactions across five emirates exceeded Dh239 billion in first quarter of 2025, reflecting the momentum and resilience of this sector. This robust performance further fortifies the UAE's continued presence as a global investment hub,' Khansaheb told BTR. 'What's particularly notable is the qualitative shift in demand. Developers are no longer solely building for speculative buyers. Instead, there is a growing interest from end-users, institutional investors, and long-term residents. This shift is creating demand for well-integrated mixed-use developments, high-quality community areas, prime location, and waterfront properties.' Furthermore, he said infrastructure enhancements are also playing a pivotal role. The new Blue Line Metro, for instance, has already led to an average 23% increase in rents across nine communities set to be connected by the new line, underscoring how transit-oriented developments are driving investments. 'We can now observe a healthy stabilisation in the Dubai real estate market. In January 2025, Dubai real estate saw a modest decline of 0.57% in prices, the first since mid-2022, according to Property Monitor. This signals a healthy market where supply is beginning to align more closely with demand, offering greater opportunities for both buyers and developers in high-potential zones. "Looking ahead, we see continued growth over the next years, driven by strategic infrastructure and an investor-friendly regulatory environment. As developers, our focus will remain on delivering well-located, thoughtfully planned, sustainable communities that cater to the evolving needs of our customers." Promising Outlook Mario Volpi, Head of Brokers at NOVVI Properties, said outlook for Dubai's real estate market remains promising on rising demand, new product launches and resilient UAE economy. In the second half of 2025, he said the market is expected to maintain steady growth, driven by continued population inflows, new project launches, and a maturing investor base. 'We're likely to see more emphasis on sustainable and smart developments, along with a shift in buyer preference towards ready properties due to rising rents. Off-plan sales will remain active, but end-users and investors are becoming more selective. With the UAE's stable economy, evolving visa reforms, and global appeal, Dubai will continue positioning itself as a long-term, low-risk investment destination,' Volpi told BTR. In reply to a question about growth driver, he said international investors looking at the UAE market should consider several key factors. First, he said the UAE offers a tax-efficient environment with no income tax on property earnings, which enhances net returns. Second, the country's political stability and investor-friendly regulations provide long-term security. 'It's also important to evaluate the type of property — off-plan versus ready to move — and location, as areas with high rental yields and infrastructure growth offer better returns. Additionally, understanding service charges, ownership laws, and currency implications is crucial. The UAE's flexible visa options linked to real estate investment further enhance its appeal for global buyers,' he said. "One of the most pressing challenges we face today is affordability, particularly in the mid-income segment," according to Khansaheb. 'Although the high-end segments remain buoyant, many residents in the mid-income bracket struggle to transition from renting to homeownership. This is a critical gap that must be addressed to ensure long-term market sustainability,' he said. 'At Union Properties, we are actively working to bridge this divide by focusing on developments that deliver both quality and affordability. The concept of 'affordable luxury' is central to our approach, allowing us to offer well-designed, high-quality homes that are accessible to a broader range of residents. This balance is essential for remaining competitive and inclusive in a market like Dubai.' In addition to affordability, he said financing remains a significant constraint. 'Many residents are willing and ready to buy, but high down payments, strict debt-to-income (DTI) ratios, and limited mortgage flexibility often stand in the way. Addressing this requires strong collaboration between banks and developers, particularly on developer-backed financing or longer payment plans.' Another key challenge is the risk of overbuilding in already dense urban areas. As prime plots become scarcer, developers face pressure on margins and must take a more data-driven approach and planning. Moving forward, he said the emphasis must be on smart, demand-led development, ensuring that supply aligns with genuine market needs. 'Ultimately, the way forward lies in creating a more inclusive and data-informed real estate environment, where affordability, financing accessibility, and sustainable urban planning are equally prioritised.' Khansaheb said there is a need to develop long-term mortgage market in the UAE as long-term expats and end-users are considering homeownership in the emirate. 'While it is true that long-term property ownership has traditionally seemed out of reach for many expatriates in the UAE, we are witnessing a gradual shift in both perception and behaviour. Increasingly, long-term expats are considering homeownership, encouraged by the UAE's world-class infrastructure, safe environments, and progressive residency reforms such as the 10-year golden visa. These developments have enhanced confidence and created a stronger sense of permanence among residents,' he said. That said, homeownership remains a challenge, particularly for middle-income earners. The issue is not only the cost of property, but also the accessibility and financing structure. Most expats are required to make substantial down payments, in addition to covering upfront costs such as registration fees, commissions, and bank charges. 'These financial barriers often delay or completely deter potential buyers. Furthermore, most mortgage offerings in the market come with relatively short fixed-rate periods, making long-term financial planning more difficult for families looking to settle in the UAE. 'At Union Properties, we recognise these challenges and are actively working to provide more accessible paths to ownership. By providing solutions such as structured post-handover plans, flexible payment schemes aligned with salary cycles, and partnerships with banks to streamline approval processes for salaried expats, we aim to reduce these entry barriers. 'For example, with our Takaya project in Motor City, we have introduced a flexible 60/40 payment plan. This allows buyers to manage their finances more comfortably while securing quality property in a well-connected community. Our goal is to make homeownership not just an aspiration, but a realistic and achievable option, especially for the mid-income families who have chosen to make the UAE their long-term home,' Khansaheb said.
Arabian Post
17-06-2025
- Automotive
- Arabian Post
Everything You Need to Know About the Takaya Motor City Brochure
If you're considering investing in or moving to Takaya at Motor City by Union Properties, one of the smartest first steps is reviewing the official brochure. This comprehensive document gives prospective buyers a detailed overview of the project's master plan, unit layouts, key features, and lifestyle offerings. Whether you're interested in Takaya apartments, Takaya villas, or Takaya townhouses, the brochure provides essential information that helps you make informed decisions — from floorplans to finishes. What Is the Takaya Brochure and Why Does It Matter? ADVERTISEMENT The Takaya at Dubai Motor City by Union Properties brochure is more than just marketing material — it's a complete guide to the community's vision. It includes: Master plan of the takaya motor city project Detailed unit layouts (1-, 2-, and 3-bedroom apartments, townhouses, and villas) Amenity listings Sustainability and smart tech features Design concepts and finishes Construction timeline and phases It gives buyers an authentic Takaya at Dubai Motor City overview, acting as a reference whether you're planning to invest, rent, or reside in this vibrant new development. Explore Every Unit Type: From Compact to Luxurious The brochure dives deep into the floorplans and configurations of various units, including: Takaya 1-bedroom apartments – Smart layouts, ideal for singles and young couples – Smart layouts, ideal for singles and young couples Takaya 2-bedroom apartments – Spacious open-plan living with balconies and ample storage – Spacious open-plan living with balconies and ample storage Takaya 3-bedroom apartments – Family-friendly homes with optional maid's rooms – Family-friendly homes with optional maid's rooms Takaya townhouses – Multi-level residences with private parking and gardens – Multi-level residences with private parking and gardens Takaya motor city villas – Luxury options with full privacy and direct access to green spaces Each section of the brochure showcases room dimensions, balcony access, bathroom counts, and flow of space — giving potential buyers confidence and clarity. Highlighting Takaya Motor City Amenities The brochure also showcases the impressive range of takaya motor city amenities, which are thoughtfully designed to promote wellness, sustainability, and convenience: EV charging stations and bicycle-friendly zones Co-working spaces and cafes Fitness center, swimming pool, and yoga garden Rooftop sky parks and landscaped courtyards Kids' play areas and pet-friendly paths Whether you choose Takaya apartments or Takaya villas, the community infrastructure is tailored for a modern, balanced lifestyle. Inside the Takaya Tower Design Philosophy If you're exploring vertical living, the brochure highlights the architectural approach behind each takaya tower. These structures feature: Elegant modern facades Smart home integration Energy-efficient materials and systems Open corridors and natural ventilation strategies This is where Union Properties' vision truly shines, combining aesthetics with intelligent functionality. Construction Timeline and Delivery Phases Transparency is key when it comes to off-plan developments. The Takaya construction section of the brochure outlines: Current progress by development zone Estimated handover timelines (starting in Q4 2027) Infrastructure rollout schedules for roads, utilities, and public spaces With visuals and milestones clearly mapped, investors can track progress and manage expectations accordingly. How to Access the Brochure You can request the Takaya at Motor City by Union Properties in Dubai brochure directly through their official sales channels or authorized property agents. It's also commonly available at project launches, roadshows, and real estate exhibitions across the UAE. For digital convenience, PDF versions are available to download — perfect for reviewing takaya motor city apartments and floorplans from anywhere in the world. Conclusion: Your Roadmap to Takaya Starts Here Whether you're an investor evaluating the Takaya motor city project or a family seeking your future home, the brochure is your most essential resource. It provides clarity, transparency, and confidence — three things that matter most in off-plan real estate. So before you commit, make sure you've reviewed every page of the Takaya at Motor City by Union Properties brochure. It's the blueprint for Dubai's next-generation living, and your first step toward becoming part of it. Also published on Medium. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.
Zawya
29-05-2025
- Automotive
- Zawya
Dubai Autodrome to stage a packed motorsport season after historic landmark campaign
Dubai: Dubai Autodrome General Manager Faisal Al Sahlawi has said the new 2025/26 motorsport season will be one of its busiest after reflecting on an 'incredible' milestone campaign that attracted a record-breaking attendance at 24H Dubai during its 20th anniversary celebrations. Dubai Autodrome, a subsidiary of Union Properties, recently closed out its season after hosting more than 15 racing competitions over the last six months. Among the events that took place include the annual endurance motorsport competition, 24H Dubai, which saw more than 70 teams, including the largest GT3, as well as the fifth Asian Le Mans, Formula Regional Middle East Championship, Formula 4 Middle East Championship, Formula Woman Nations Cup and other several regional motorsport events. Furthermore, the venue held more than 80 motorcycle and car track days, and 20 roll racing events for the local community. The season was part of Dubai Autodrome's 20th anniversary, which was celebrated at the 24H Dubai, and Al Sahlawi believes the upcoming season which will start in October solidifies the venue as a leading destination for motorsport and entertainment in the region. He said: 'We are very pleased with the recent motorsport season, which coincided with the 20-year celebrations of Dubai Autodrome. Overall, there was exciting and competitive racing on the track with bigger grids and an array of top international and regional drivers in action, while off the track, there was a record number of spectators for the 24H Dubai with more than 30,000 attendees for this flagship event. This shows that motorsport is growing in the UAE and is going from strength to strength, which bodes well for the future.' He added: 'Planning is already underway for the new 2025/26 season, and it will be one of the busiest seasons at Dubai Autodrome, as we have the Gulf Historic back, where iconic 1960s cars and historic F1 cars from the 70s and 80s will all be on display, as well as top racing on the track. There will also be four international races, including the 24H Dubai, and an array of top regional and local motorsport competitions where we expect to have a greater number of participants during the course of the season.' Off the track, Dubai Autodrome's motorsport season is also contributing to the country's economic growth. Al Sahlawi said: 'Overall, we had approximately more than 55,000 people be part of our motorsport events from race teams, drivers, and officials, and that saw airlines, hotels and hospitality services benefit greatly, especially with their families and friends also travelling. 'Not only are we pleased to be playing our part to support the UAE's growth beyond the motorsport races but is also a testament to the success of Union Properties' vision of enhancing Dubai Autodrome's position as a leading motorsport hub in the region.' Media Contact: Seven Media Denzil Pinto denzilpinto@ About Dubai Autodrome Completed in 2004, the 'Dubai Autodrome', a subsidiary of Union Properties, was the UAE's first fully-integrated multipurpose motorsport and entertainment facility. At the heart of the Union Properties MotorCity development, it includes an FIA-sanctioned 5.39km circuit with six different configurations, a race school, indoor and outdoor karting tracks, the Grandstand Retail Plaza, the Motorsport Business Park, and a paddock hospitality zone overlooking the track.
