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Sobha Realty reported a 30% year-on-year rise in total property sales, reaching AED 30 billion, driven by new masterplan launches and international expansion. Strong demand across Dubai and Umm Al Quwain highlights continued momentum in the UAE’s luxury real estate market, as the developer expands its portfolio locally and strengthens its global footprint.

Clock23/01/2026

The sector posted strong growth in the first half of 2026, driven by robust investor demand, economic resilience, and business-friendly policies. With record property sales and continued foreign investment, experts expect the momentum to carry through the rest of the year.

Abu Dhabi’s construction sector is entering a new phase of growth, driven by advanced technologies, high-value projects, and stronger private sector participation, with active construction licenses surpassing 38,600.

Dubai South maintained its position as Dubai’s top-performing property market in May, recording 1,357 sales transactions worth AED1.6 billion. According to fäm Properties, residential sales in the area have surged 36.4% since late February, driven by strong demand for off-plan developments and growing investor confidence.

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The mixed-use project will feature around 1,800 residential units, 250 commercial and office units, and hospitality components, with Al Ramz expecting the acquisition to support long-term growth and strengthen returns through 2031.

Clock01/06/2026
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