Zamad Anwar

03/04/2025

Dubai’s Population Set to Hit 4 Million in 2025!

Dubai’s rapid growth continues! In Q1 2025, the population increased by 51,295, reaching 3.914 million—and it’s on track to hit 4 million by Q3.

With 169,000 new residents in 2024, the city is expanding faster than ever! What does this mean? A booming real estate market and demand for housing to remain strong in 2025.

27/03/2025

The Dubai Land Department (DLD) has launched the Real Estate Tokenization Project

Making Dubai the first in the Middle East to tokenize titledeeds using blockchain technology under its Real Estate Innovation Initiative (REES).

Instead of buying an entire property, investors can own a fraction of it through digital tokens.
AED 1M property could be split into 1,000 tokens worth AED1,000 each, making real estate investment more accessible, liquid, and hassle-free while make transactions more transparent and secure.

Key Highlights:
Partners: VARA, DFF & SandBox Real Estate
Market Value: $16B by 2033 (7% of Dubai’s transactions)
Benefits: Blockchain-powered, simplifying buying, selling & investing
Goal: Supports Dubai’s 2033 Real Estate Strategy, boosting innovation & investor access

09/08/2024

Ajman Chamber of Commerce and Industry reported significant growth in memberships and exports during the first half of 2024, driven by Ajman Vision 2030’s business-friendly initiatives. This progress enhances the economic landscape, positively impacting Dubai’s real estate sector by increasing demand for properties as business activities and investments rise.

08/08/2024

44.9 million guests travelled through in just the first 6 months of the year 2024. An increase of 8% from 2023!

30/07/2024

Dubai’s Mohammed Bin Rashid Housing Establishment (MBRHE) is integrating drones and AI to enhance construction oversight. This technology ensures adherence to plans, timelines, and safety standards, and aids in preventive maintenance by identifying hidden issues like water leaks and insulation faults, improving construction management efficiency.

20/07/2024

Sheikh Mohammed bin Rashid Al Maktoum announced a Dh30-billion project, 'Tasreef,' to enhance Dubai's rainwater drainage by 700%.

Covering the entire emirate, it will absorb over 20 million cubic meters of water daily and serve for the next 100 years. Set for completion by 2033, construction starts immediately.

18/07/2024

Dubai recorded its highest ever transaction volume in Q2 2024, with 43,522 transactions (a 45% increase from Q2 2023 and 17% above Q1 2024’s peak), totaling AED 124.4 billion ($33.9 billion).

17/07/2024

UAE to experience the highest number of millionaire migrations based on year-to-date projections for the rest of 2024. This influx will:

1. Increase demand for luxury properties.
2. Cause rising property prices.
3. Lead to a surge in real estate development.
4. Provide an economic boost from wealthy individuals.
5. Enhance market stability.
6. Increase interest from foreign investors.

The projected influx of millionaires to the UAE in 2024 is expected to drive up demand and prices for luxury properties, leading to a surge in high-end real estate development. This trend will likely boost the overall economy and attract further foreign investment, enhancing market stability and growth.

15/07/2024

Dubai’s takes 1st position globally for the third consecutive time in attracting greenfield foreign direct investments. This global FDI attraction is set to drive demand for both commercial and residential real estate, fueled by the influx of multinational corporations and job creation. FDIs will fuel economic growth, and boost investor confidence which is pushing developers to also innovate, strengthening the overall landscape of the real estate market.

17/06/2024

Wishing you a joyous and prosperous Eid al-Adha!

12/06/2024

UAE reduces residency visa and work permit processing time from 30 days to 5 days with the second phase of the Work Bundle platform, covering 600,000 companies and over 7 million workers. This streamlining is expected to attract more businesses and increase housing demand in the UAE.

The time to process necessary documents to acquire work permits and residency visas has been reduced from 30 days to five days across the UAE following the..

01/05/2024

“As we build an entire city around the airport in Dubai South, demand for housing for a million people will follow” - H.H Sheikh Mohammed Bin Rashid Al Makhtoum