Latest Press Releases
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Dubai’s Real Estate Market Records New Historic Milestone with Transactions Exceeding AED917 billion (USD 249.7 bn) in 2025
Dubai’s real estate sector achieved its strongest performance to date in 2025, with over 270,000 transactions worth AED 917 billion, up 20% year on year. Backed by clear regulations, disciplined market practices, and a long-term investment approach, the market has moved from rapid growth to sustainable leadership.
The results also confirm that Dubai’s real estate market is steadily progressing toward achieving the objectives of the Dubai Real Estate Sector Strategy 2033, which seeks to raise transaction volume by 70% to reach AED 1 trillion. This growth aligns with the Dubai Economic Agenda D33, which aims to double the economy and strengthen Dubai’s position among the world’s leading economic cities.
Mohammed bin Rashid Approves Dubai Government’s General Budget Cycle for 2026-2028
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved Law No. 15 of 2025 regarding the Government of Dubai's general budget cycle for the fiscal years 2026-2028, and the Dubai Government’s general budget for the fiscal year 2026.
The three-year budget cycle for 2026-2028 has been approved with a total expenditure of AED302.7 billion and total revenues of AED329.2 billion. This budget cycle, the largest in the emirate’s history, aligns with future ambitions to promote sustainable economic growth, enhance community well-being, and solidify Dubai's reputation as a land of opportunity and innovation.
During the implementation of the 2026–2028 cycle, Dubai’s Department of Finance (DOF) expects to achieve an operating surplus of up to 5% of the emirate’s projected GDP for 2026, further solidifying long-term fiscal sustainability.
Dubai’s GDP Surges 4.7% to Reach AED 122 billion in Q2 2025
Dubai’s economy continued to maintain its strong upward momentum in the first half of 2025, surpassing projections and consolidating its position as a one of the world’s most vibrant and competitive urban economies. The emirate’s GDP grew 4.4% to reach AED 241 billion in the first half of the year. In the second quarter alone, Dubai’s GDP climbed 4.7% to AED 122 billion.
This high performance was driven by exceptional results across key sectors that continue to underpin Dubai’s sustainable growth and economic resilience.
The human health and social work activities sector recorded the highest growth, expanding 20% and contributing 1.4% to overall GDP growth. The construction sector also maintained strong momentum, growing 8.5% and contributing 6.7% to Dubai’s GDP in H1 2025.
Emirates Group Hits New Half-Year Profit Record for 2025-26
The Emirates Group today announced a new record half-year financial performance, posting a profit before tax of AED 12.2 billion (US$ 3.3 billion) for the first six months of 2025-26, making this the fourth consecutive year of record profitability for the half-year reporting period.