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.
SACRA, the Middle East’s only World Spa Resort and the region’s largest bath and wellness complex, will open in March 2026 in Dubai. Opening at 17B Street in Jumeirah 1, SACRA stretches across 2,400 square meters, bringing a completely new standard of relaxation, recovery, and modern wellbeing to the city.
UAE-based developer Seven Tides has appointed Dutco Construction as the main contractor for its Golf Views Seven City JLT project in Dubai. A premium mixed-use development, it boasts 2,621 residential units along with 150,000 sq ft of retail space and a variety of dining options.
Dubai’s Roads and Transport Authority (RTA) has opened two bridges under Trade Centre Roundabout Development. The project scope covers three more bridges extending 5,000 m and conversion of a roundabout into an at-grade intersection.
