Market Intelligence

HOLM Developments has signed an international investment and development agreement for a planned multifunctional complex covering 140,000 square metres on Ambassadori Island in Batumi, with announced investment exceeding $250 million.

Dubai completed 104 real estate projects worth more than AED111 billion during the first half of 2026, adding 24,537 units and marking a 52% increase in completed-project value compared with the same period of 2025.

Azizi Developments is preparing Azizi Florence, an approximately AED30 billion mixed-use community in Sharjah valued at about $8 billion. The planned project would add more than 6,000 townhouses, approximately 1,130 villas and 3,500 apartments to the emirate’s residential pipeline.

Mohamed Alabbar, founder of Emaar Properties, said Dubai property prices could adjust by approximately 5% to 10% as significant new supply enters the market by 2027. The outlook gives developers, investors and buyers a market-timing signal as the emirate prepares for a potentially broader inventory cycle.

HMK Capital has completed approximately QR1.8 billion in Qatar real estate acquisitions for Salwa REIT, assembling an initial 51-property portfolio across three locations and financing it through a Sharia-compliant structure.

The investment represents a significant institutional endorsement for Lesha Bank’s fund platform and places a Qatar-based manager within a programme designed to work with asset managers that have GCC expertise.

Qatar’s hospitality and serviced-apartment inventory reached 42,131 keys by the end of the second quarter of 2026, representing approximately 2.2% year-on-year growth. Serviced hotel apartments recorded the fastest expansion among the reported segments, while five-star supply also increased.

Law No. 8 of 2026 amends Qatar’s real-estate leasing legislation, introducing a fixed QAR 250 registration fee per specified unit, expanding rental-dispute jurisdiction and setting a registration requirement for eligible leases involving state property.

Qatari Diar is developing Alam Al Roum in cooperation with Egypt’s authorities, with approximately $29.7 billion in estimated investment planned across an integrated coastal city spanning approximately 4,900 feddans and about 7.2 kilometres of beachfront.

Dubai’s average residential sales price fell 1.7% year-on-year in August 2026 to approximately AED 1,636 per square foot, while residential transactions reached approximately AED 23.4 billion for the month.

Rixos Al Mairid Ras Al Khaimah has introduced X Lounge, a 2,400-square-metre entertainment venue with lounge seating for up to 500 guests, live music, performances and themed events. The launch adds a sizeable resort-led attraction to Ras Al Khaimah’s growing leisure offer.

Wynn Al Marjan Island has completed its 550-metre beachfront in Ras Al Khaimah, marking a visible construction milestone for the resort scheduled to open in 2027. The waterfront plans add a sheltered lagoon, engineered offshore reef and differentiated beach zones to the emirate’s expanding leisure pipeline.

Aldar and ADCB have completed Abu Dhabi’s first registered mortgage financing transaction involving an off-plan property under the Abu Dhabi Real Estate Centre’s new framework. The arrangement allows eligible buyers to finance remaining instalments and the final handover payment after paying 50% of the purchase price.

Global Partners is developing a Dubai Creek residential masterplan featuring Westin Residences and Renaissance Residences in collaboration with Marriott International. The wider project spans more than 127,000 square metres, with approximately 70% planned for landscaped gardens and open spaces.

Dubai recorded AED 26.45 billion in residential property sales across 13,397 transactions in July 2026. Monthly growth remained positive, while off-plan transactions represented 72.2% of activity and 66.0% of sales value.

Dubai recorded approximately AED 12 billion in property transactions across 3,657 transactions in one week, with sales, mortgage activity and gift transfers all contributing to the total.

Dubai Land Department now states that individual property owners may apply for a two-year property-linked residence visa regardless of property value. The rule does not change the AED 2 million real-estate requirement for Dubai’s ten-year Golden Visa.

Emaar Properties has announced plans for a landmark AED 200 billion, approximately US$55 billion, master-planned development in the heart of Dubai. The project is expected to exceed 4.5 million square metres of built-up area and accommodate nearly 150,000 residents, positioning it as one of the most significant additions to the emirate’s future real-estate pipeline.