The UAE real estate market extends growth momentum in Q3 with Abu Dhabi remaining on a stable long-term growth trajectory supported by rising demand, while Dubai continues to see unprecedented expansion with multiple projects, said a report.
UAE-based Azizi Developments has announced that work is in full swing on its premium project - Rêve - located within Phase IV of its French Mediterranean-inspired waterfront community Riviera in Dubai - with the project now achieving 65% construction milestone.
The Mohammed bin Rashid Al Maktoum Solar Park hit a new milestone this year with its installed capacity soaring to 3.86GW of clean energy, following the addition of another 800MW. Projections indicate that the solar park’s total capacity will exceed 7.26GW by 2030.
Leading Dubai brokerage B1 Properties has achieved a key milestone with the sale of a prestigious signature plot (13,579 sq ft) located on Palm Jumeirah for AED88 million ($24 million), ranking as the highest price-per-square-foot transaction recorded in 2025.
Dubai’s property market performance in 2025 is the strongest on record and this reflects the emirate’s transition into a more mature and sustainable phase, driven by real and balanced demand across all property asset classes, said Badar Rashid AlBlooshi, Chairman of Arabian Gulf Properties.
Symbolic Developments, the real estate division of Speedex Group, said it has closed 2025 as its most transformative year yet, mainly driven by rapid delivery, solid investor performance and an expanding community footprint.
Pure Bliss Development, owned by region’s major retail conglomerate Lals Group, has announced the topping out of Bliss Tower, its flagship residential project in the Dubai Land Residence Complex, thus signifying completion of the major building structure.
Carter Hones Associates said work is moving at a steady pace on its AED1 billion ($272 million) Gran Meliá Hotel project at the Port de La Mer, Jumeirah Dubai, and is on track for completion by the end of 2026. A five-star beachfront resort, it will feature 366 guest rooms and suites.
The Oaks Ibn Battuta Gate Hotel Dubai, next to Ibn Battuta Mall and the metro, is launching three new dining experiences in early 2026.
Dubai’s expanding role as a preferred destination for private markets and a meeting point for global investors seeking access to new liquidity and investment capital was highlighted at a key gathering of private capital leaders.
