Author Archives: howesdubai

Turning Japanese!

  Turning Japanese!                                                20 February 2026 One economic fact of life is that a bull run has a finite life cycle, and the Dubai housing sector is no exception. Prior to 2002, expatriates were not permitted to buy property in … Continue reading

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What You Gonna Do About It?

What You Gonna Do About It?                                               13 February 2026 Abu Dhabi-based Aldar Properties and Dubai Holding have expanded their joint venture, announcing plans, for two further projects, to develop nearly 14k new homes in Dubai, valued at more than US$ … Continue reading

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U Should’ve Known Better!

U Should’ve Known Better!                                                                   06 February 2026 Dubai property started 2026 by registering its highest-ever monthly value of transactions and sales. Data from the Dubai Land Department shows that transactional value was 86.49% higher on the year, at US$ 29.42 … Continue reading

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A Little Man In A Big World!

A Little Main In A Big World! 30 January 2026 Dubai Waterfront was the location this week that recorded two plots of adjacent land, encompassing 24.3 million sq ft, becoming the largest mortgage transaction, at US$ 3.02 billion, in Dubai’s … Continue reading

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Taxman, Mr Thief!

Taxman, Mr Thief!                                                                        23 January 2026 Since its July 2025 inception, Dubai’s First-Time Home Buyer program has helped more than 2k residents purchase their first home and, at the same time, generated US$ 886 million in residential property sales. … Continue reading

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Drive My Car!

Drive My Car!                                                                     16 January 2026 Further news this week on two of Dubai’s mega projects – Dubai Creek Tower and Binghatti’s US$ 8.17 billion Mercedes Benz City. Emaar has announced that the tender for the construction of Dubai … Continue reading

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Be Like That!

Be Like That!                                                                      09 January 2026 With villas still outpacing apartments when it comes to property price rises, ValuStrat estimates that the emirate’s residential property has risen by almost 20% over the past twelve months. Over the period, and … Continue reading

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Paradise City! 02 January 2026

2025 was yet another record year for the Dubai property market with figures from the Dubai Land Department showing a 30.64% surge in sales to US$ 185.96 billion, as transactions jumped 18.82% to 214.9k. The three main drivers behind the … Continue reading

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It’s A Rich Man’s World!

It’s A Rich Man’s World!                                     26 December 2025 For the penultimate week of 2025, total real estate transactions touched 4.23k, with a total sales value of US$ 3.84 billion, with an average price per sq ft of US$ 490. New … Continue reading

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I Want It All!

I Want It All!!                                       19 December 2025 The Bugatti Residences in Business Bay has set a new record for its developer, Binghatti, with a penthouse, encompassing 47.2k sq ft, selling for US$ 150 million – the highest price ever paid … Continue reading

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