Highlights of the week | 9th June – 15th June 2025
Dubai property deliveries to dip in 2025–26, surges forecasted for 2027 (9th June)
Dubai’s property market is expected to slow down in residential unit handovers in 2025 and 2026, falling short of supply forecasts, according to Morgan’s International Realty. Only 62% of the 37,171 expected units for 2025 are projected to be completed, while 48% of the 71,613 units planned for 2026 will likely be delivered. Combined, just 53% of the nearly 109,000 units forecasted over the two years are expected to reach completion. Fitch Ratings reports a similar trend from 2022 to 2024, with a 56% delivery rate attributed to contractor shortages, sales timelines, funding delays, and buyer payment issues. Despite a surge in demand pushing prices and rents to record highs, Dubai recorded 226,000 property transactions worth AED 761 Bn in the past year, a 36% increase in volume and 20% rise in value year-on-year. Key delivery areas for 2025 include Studio City, Sobha Hartland, Jumeirah Village Circle (JVC), Jumeirah Lake Towers (JLT), and Al Furjan. In 2026, deliveries will focus on JVC, Azizi Venice, Damac Lagoons, Business Bay, and Arjan. A significant supply surge is expected in 2027, with about 70k units, nearly double the five-year average, mainly in JVC, Business Bay, Azizi Venice, Dubai Hills Estate, and Creek Harbour. The concentration of supply, especially in JVC, could put downward pressure on prices due to potential oversupply.
Read more at Dubai property market to see slower handover in 2025–26; sharp rise expected in 2027 | Khaleej Times
Dubai’s ultra-luxury market shines as Bulgari Lighthouse penthouses sold (10th June)
The final two penthouses at the exclusive Bulgari Lighthouse on Dubai’s Jumeirah Bay Island have been sold for a combined total exceeding AED 282 Mn (US$ 77 Mn). The ultra-luxurious five-bedroom residences fetched AED 146.6 Mn and AED 136.25 Mn, respectively. Designed by renowned architects Antonio Citterio and Patricia Viel, the project features coral-inspired facades, private infinity pools, and lavish interiors finished with Italian marble, oak, and silk paneling. With fewer than 40 homes in the tower, Bulgari Lighthouse offers a rare blend of privacy, investment appeal, and Mediterranean-inspired luxury. The residences are managed by the neighboring Bulgari Resort, ensuring world-class, resort-style living.
Read more at Driven Properties buys final Bulgari Lighthouse units for $77mln | Zawya
Meraas launches landmark branded residences at Emirates Towers (10th June)
Meraas, part of Dubai Holding Real Estate, has launched Jumeirah Residences Emirates Towers, a striking new development redefining luxury living in Dubai. Designed by SCDA Architects, the twin-tower project features 754 branded residences ranging from one to four bedrooms, with panoramic views of Downtown Dubai and the Museum of the Future. Highlights include three sky terraces with infinity pools, landscaped lounges, and entertainment zones. Residents enjoy top-tier amenities and Jumeirah’s signature hospitality, including 24-hour concierge, wellness services, private chefs, and more, blending iconic design with world-class lifestyle experiences.
Read more at Meraas unveils 754-unit Jumeirah residential towers project | Zawya
Dubai’s Emaar debuts VYOM, redefining Real Estate resale transparency (11th June)
Dubai master developer Emaar Properties has launched VYOM, a pioneering digital resale platform designed to transform how Emaar homes are bought and sold. VYOM offers homeowners and investors a seamless, transparent, and secure experience, enabling users to create listings, upload property images, and manage inquiries through an intuitive interface. This innovative platform addresses inefficiencies like pricing gaps and market opacity by promoting direct buyer-seller engagement. Mohamed Ali Alabbar, Emaar’s Founder, emphasized that VYOM empowers customers with autonomy, trust, and speed, marking a significant leap in Emaar’s digital transformation amid Dubai’s thriving real estate market.
Read more at New digital resale platform launched for Emaar Homes | Zawya
Alma Developments launches Alma Gardens, a luxury living in Dubailand (11th June)
Alma Developments has launched Alma Gardens in Liwan, Dubailand, featuring 71 turnkey one- to three-bedroom apartments across nine floors. Each home includes dedicated maid’s and laundry rooms, private balconies or terraces overlooking landscaped parkland, and
55–75% more storage than typical Dubai apartments. Prices start at AED 1.08 Mn for a one-bedroom unit, with a penthouse priced at AED 4.44 Mn. Amenities include a rooftop pool, gym, sauna, children’s play areas, and barbecue zones. Strategically located near Academic City and Dubai International Airport, Alma Gardens offers a lifestyle focused on wellness, community, and convenience.
Read more at Alma launches new residential development at Dubailand | Zawya
LUX Residences set to redefine luxury living in Dubai by 2028 (11th June)
The Lux Collective, renowned for its luxury hospitality brand LUX, has partnered with QUBE Development to launch its first branded residences in Dubai, set for completion in 2028. This strategic collaboration brings together two industry leaders known for innovation, premium design, and lifestyle excellence. QUBE Development focuses on sustainable, future-ready communities, while The Lux Collective is celebrated globally for its elevated hospitality experiences. The project aims to redefine luxury living in Dubai by blending world-class residential development with hotel-level service and design. Both partners share a vision of progressive, purposeful living that will shape the future of upscale urban lifestyles.
Read more at Lux Collective, Qube set for Mideast debut of branded residences | Zawya
Sheikh Rashid Bin Humaid Al Nuaimi to unveil Azha Millennium Residences
(11th June)
Under the patronage of Sheikh Rashid Bin Humaid Al Nuaimi, Emirates Properties Group will launch Azha Millennium Residences on June 12, 2025, at Raffles Dubai. Located in Jumeirah Village Triangle, the 30-story tower offers 196 smart, modern apartments, combining luxury, sustainability, and community living. The project features hotel-style amenities, including a rooftop pool, wellness center, cinema, café, and concierge services. Designed for urban elegance and long-term value, it reflects Dubai’s forward-looking vision. The high-profile launch event, themed “Luxury Living Meets Future Design,” will showcase the development through live performances, immersive multimedia, and exclusive investor and media engagements.
Read more at Sheikh Rashid bin Humaid Al Nuaimi to launch branded residence in a visionary Dubai real estate project
May sees US$ 1.5 Billion worth of Real Estate deals in Sharjah (11th June)
In May 2025, Sharjah’s real estate sector showed strong growth with AED 5.5 Bn traded across 8,415 transactions. Mortgage activity reached AED 1.1 Bn over 381 transactions, signaling investor confidence. Key sales occurred in 134 areas, with Al Metraq leading in transaction volume and Muwailih Commercial topping trading value at AED 352.2 Mn. The sector’s transformation is driven by government reforms, investor-friendly laws, and balanced urban development, attracting diverse real estate investments and reinforcing Sharjah’s reputation for transparency and sustainability.
Read more at Sharjah’s real estate sector records $1.5bln in transactions during May | Zawya
Infracorp launches AED 600 Million California Residences in Dubai (11th June)
Infracorp has launched California Residences, a family-friendly community in Wadi Al Safa, Dubai, offering villas, townhouses, and apartments. Located near Global Village and IMG Worlds of Adventure, this AED 600 Mn development features green spaces, a central park, walking trails, and community areas. Amenities include a clubhouse, gym, swimming pools, and social lounges. Units start from AED 1 Mn for 1-bedroom apartments, with handover expected in Q2 2028. CEO Majed Abdulla Al Khan emphasized the project’s focus on quality of life, sustainability, and community, while CFO Nada Alkoohiji highlighted its strong investment potential in a growing area.
Read more at Infracorp unveils California Residences, an AED600mln green living community in the heart of Dubai | The Gulf Time
UAE’s unique properties to revolutionize Real Estate with AI technology (13th June)
Unique Properties, a real estate agency, has partnered with AI-native prop tech firm AIR in a US$ 20 Mn joint venture over two years. This collaboration aims to revolutionize the region’s property market by integrating cutting-edge AI technology with market expertise. CEO Arash Jalili emphasized that the partnership enhances agents’ capabilities through real-time insights, predictive analytics, and automation, improving client service and transaction transparency. AIR’s CEO Milad Monshipour highlighted this as the first fully AI-native real estate platform in the region, developed to transform property buying and selling. Together, they aim to set new industry standards and accelerate innovation in UAE real estate.
Read more at Unique Properties to launch AI-powered real estate platform in UAE | Zawya
ELLE branded residences make Middle East debut on Dubai Islands (13th June)
Following its success in Miami, ELLE, owned by France’s Lagardère Group, is launching its first Middle East branded residence on Dubai Islands. In partnership with ANAX Developments, the project will be designed by The One Atelier and ARQUINAUT, blending ELLE’s Parisian style with Dubai’s vibrant lifestyle. The waterfront development will feature luxury residences with curated interiors, wellness amenities, and beachfront access, reflecting ELLE’s signature elegance and joie de vivre. Satish Sanpal of ANAX and Constance Benqué of ELLE emphasized the project’s commitment to innovation and cultural sophistication, marking a bold new chapter for ELLE in Dubai’s luxury real estate market.
Read more at ANAX Developments to launch ELLE’s first residential project in the Middle East | Gulf News
Dubai metro blue line set to transform Real Estate market and investment trends (15th June)
A real estate brokerage firm, highlights the significant impact of the Dubai Metro Blue Line on the emirate’s property market. Positioned within the Dubai Urban Plan 2040, the project aims to enhance urban sustainability and mobility, reshaping real estate investment patterns and promoting decentralization. The Blue Line will connect strategic areas such as Al Warqaa, Mirdif, Dubai Academic City, and Jebel Ali Port via Dubai International Airport. This expanded coverage is transforming once-remote neighborhoods into prime investment destinations. Property prices near planned metro stations are already seeing increases of 15–25%, with demand rising by over 30% in some areas compared to last year. The project is also expected to enhance commercial activity, as improved access drives retail and office relocation. Additionally, it will contribute to better quality of life by reducing traffic and emissions.
Read more at A”W Capital” study- The Dubai Metro Blue Line is writing a new chapter for the emirate’s real estate boom | UAENEWS247
