Property News

Miral’s five-year programme covers new experiences, added hotel rooms and upgrades across the island

Miral will invest more than AED 12 billion in Yas Island over the next five years, funding a pipeline of new attractions, expanded theme parks and a significantly larger hotel offering.

The programme spans tourism, entertainment and hospitality, taking in new immersive rides and experiences as well as upgrades to venues already operating on the island.

Investment sits apart from the Disney project

Miral has been … Read more ›

Aldar Properties, Abu Dhabi’s largest listed developer, reported a 10% year-on-year jump in second-quarter net profit, with revenue up 5% despite broader regional uncertainty tied to the Iran conflict.

Net profit for the three months to end of June came in at AED 2.16 billion ($580 million), with quarterly revenue and rental income reaching AED 8.1 billion. For the first half of the year, profit climbed 16.3% annually to AED 4.2 billion, while revenue grew 8% to … Read more ›

Off-plan sales continued to dominate Dubai’s property market in early 2026, even as the pace of new launches slowed and buyers grew more selective about where they put their money, according to industry experts.

Cavendish Maxwell’s Research Manager, Ali Siddiqui, reported that off-plan deals made up close to three-quarters of all residential transactions in Dubai, with roughly 49,700 recorded in the first five months of the year — a modest pullback from the same period in 2025. … Read more ›

The Abu Dhabi Residential and Office Market Review – Summer 2026, produced by our collaborative partners at Knight Frank, offers a biannual look at the performance of the emirate’s residential and office sectors.

Abu Dhabi’s residential market maintained strong momentum through the year to June 2026, led once again by the waterfront communities. Apartment prices on Yas Island and Al Reem Island each rose by approximately 18% year-on-year, while Al Saadiyat Island retained its position as the … Read more ›

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has officially inaugurated Marsa Al Saadiyat — a development valued at AED100 billion, covering 6.4 million square metres. Aldar is acting as master developer, overseeing both the design and the delivery of primary infrastructure.

The project was previously known as Saadiyat Marina District, but His Highness directed it be renamed Marsa Al Saadiyat, a … Read more ›

Abu Dhabi’s property market delivered a remarkable first half of 2026, with new data from the Abu Dhabi Real Estate Centre (ADREC) — the government authority responsible for regulating the emirate’s real estate sector — confirming that transactions reached a total value of AED 117 billion between January and June.

The figure represents a 112% increase compared to the same period in 2025, while the overall number of transactions rose by 61.7%. Together, the numbers reaffirm … Read more ›