The UAE’s real estate market is experiencing a significant upswing in Q3 2025, fueled by strong off-plan sales, increasing property prices, and a shift towards end-user ownership. In Dubai, residential transactions reached Dh138 billion through 55,280 deals, marking an 18% year-on-year growth. Notably, 70% of these were off-plan sales, with areas like Dubai South, Business Bay, and Jumeirah Village Circle taking the lead.
Villa prices showed double-digit growth in 31 out of 34 communities tracked, with Jumeirah Islands leading with a 22% annual increase. The luxury market remains robust, supported by population growth and investor confidence. Average residential prices in Dubai rose 12.4% year-on-year, while rental rates increased by 8.7% in prime locations.
Developers are capitalizing on this momentum.
Takmeel Developments has announced the launch of Divine Al Barari, a new residential landmark in Majan, designed to merge nature, wellness, and modern comfort. Valued at Dh400 million, the project offers a unique lifestyle with resort-style amenities and strategic connectivity.
Looking ahead to 2026, Takmeel is preparing a Dh1.5 billion pipeline covering 650,000 sq. ft. across Dubai South and Majan, paving the way for another 1 million sq. ft. of future projects.
The off-plan community will feature 291 residences, including studios, one- to three-bedroom apartments, and duplex penthouses, with over 30 leisure and wellness amenities.
“This project reflects our ongoing commitment to design that respects both the natural environment and modern living aspirations. We’ve created a community where every detail enhances the residents’ daily experience,” said Mian Asad Bashir, Founder & Chairman of Takmeel Real Estate Development.
Hamza Asad, CEO of Takmeel Developments, added: “Divine Al Barari is designed not only as a home but as a lifestyle investment, offering resort-inspired living with strategic connectivity for Dubai’s growing end-user and investor population.”
Divine Al Barari is set for handover in Q2 2028.
Another premium developer, London Gate, in collaboration with Swiss luxury watchmaker Franck Muller, has made significant construction progress across their branded residences portfolio.
Their debut project, Aeternitas, sold out within three months and is progressing impressively, having reached the 75th floor. The substructure for the world’s tallest residential tower is 100% complete, and the superstructure is over 70% finished. The project is on schedule for handover in Q4 2027.
Vanguard, the second project by London Gate and Franck Muller, located in Dubai Marina, has also sold out and is moving steadily towards its Q3 2027 handover. Construction has already reached the 18th floor. Vanguard showcases the unique design and timeless sophistication both brands are renowned for.
Building on this success, London Gate and Franck Muller are finalizing details for their third branded tower.
Eman Taha, CEO of London Gate, said: “Our partnership with Franck Muller strengthens with every project. From Aeternitas reaching its 75th floor to Vanguard’s steady progress, we’re excited about our upcoming announcement. Together, we’re creating a legacy of branded residences that blend Swiss precision with Dubai’s dynamic skyline, shaping the future of luxury living.”
Erol Baliyan, Managing Director of Franck Muller, added: “Entering the real estate world was an exciting venture into new territory. Now, it’s a core part of Franck Muller’s long-term vision, thanks to our partnership with London Gate.”
Meanwhile, Ras Al Khaimah (RAK) is emerging as a compelling alternative for investors seeking high returns and luxury at competitive prices. The emirate’s property market saw a 118% increase in transaction values in 2024, reaching Dh15.08 billion. Off-plan sales dominate, comprising 85% of freehold transactions in H1 2025, with branded residences expected to account for 25% of future supply.
Ras Al Khaimah’s property market is experiencing a remarkable upswing, with the value of freehold apartment sales rising by 242% from Q2 2017 to Q2 2025, according to RAK Statistics Centre. Based on RAK Municipality data, total sales jumped from Dh46.45 million in Q2 2017 to Dh159.18 million in Q2 2025, highlighting the emirate’s growing appeal as a real estate and investment destination.
Andrei Charapenak, CEO of Major Developments, said: “Building on this momentum, we are pleased to unveil Colibri Views, a landmark residential tower redefining lifestyle and innovation within RAK Central, the emirate’s emerging business and leisure district. We introduced this flagship project in collaboration with global football legend Patrice Evra, featuring the world’s first-ever rooftop football simulator—a performance-driven wellness experience designed by Evra himself.”
Located seven minutes from the upcoming Wynn Al Marjan Island Resort, the Middle East’s first and world’s largest integrated resort valued at $5.1 billion, Colibri Views offers residents proximity to Ras Al Khaimah’s strongest growth catalyst, expected to boost annual tourist arrivals from 1.1 million to 5 million by 2030. Rising across two podium levels and 31 floors, the tower embodies RAK Central’s Live-Work-Play vision.
Tissoli, a real estate and investment collective, has officially launched its much-awaited flagship project, Palazzo Tissoli. Designed and branded by the iconic Italian design house Pininfarina, the project, valued at Dh1.2 billion, is set to rise on Al Marjan Island, marking Pininfarina’s first architectural venture in Ras Al Khaimah.
Arch. Abdulla Al Abdouli, CEO of Marjan, said: “Palazzo Tissoli marks a significant milestone in the evolution of Al Marjan Island. It reflects our commitment to curating destinations where visionary design and strategic master planning converge to create lasting value.”
Pooja Rathore, COO of Tissoli, said: “With its range of experiential amenities, global design, and aesthetics, this project is sure to attract global attention and investor trust.”
Fabio Calorio, Senior Vice President of Pininfarina, emphasized: “We are delighted to partner with Tissoli on this landmark project. For over 95 years, Pininfarina has pursued the perfect balance between beauty and performance.”
Building on this vision, London-based interior designers Bergman Design House have revealed their completed design for Mondrian Al Marjan Island Beach Residences, developed by ELEVATE in partnership with global hospitality leader Ennismore. Announced last quarter, the project is now nearing its launch with the unveiling of its interiors. This marks Bergman’s first branded residence project in the region.
Zeeshaan Shah, Founder of ELEVATE, said: “Partnering with Ennismore and Bergman Design House on Mondrian Al Marjan Island Beach Residences allows us to deliver an experience that blends design excellence, curated living, and world-class hospitality in a way the region hasn’t seen before.”
The development will feature more than 60,000 square feet of resident amenities.
Marie Soliman, Founder & Creative Director of Bergman Design House, added: “With Mondrian Al Marjan Island Beach Residences, we wanted to create a place where every corner tells a story, where residents feel both the comfort of home and the thrill of discovery. It’s a living canvas, inspired by the sea and designed to evolve with its community.”
Strategic developments, including the upcoming Wynn Resort and enhanced connectivity via Ras Al Khaimah International Airport, are boosting the emirate’s appeal. With a diversified economy and investor-friendly policies, RAK is positioning itself as a premium destination for both leisure and long-term investment.
As the UAE moves into 2026, both Dubai and Ras Al Khaimah are poised to remain key players in the region’s dynamic and evolving real estate landscape.
