It was an interesting month for the property market in UAE during December 2024 as groundbreaking new projects were announced alongside some government initiatives that are in place to stimulate further growth within the sector. A few strategic developments, including lenient visa policies and a rise in housing solutions, are establishing it on the global map as a significant property hub. This blog tries to find out some of the best trends and changes that have spoiled the scene for UAE real estate over the last month to create insights into any looking forward to accessing property markets within the UAE. A smart rental index that transforms access and consumption of Dubai Rentals

Improvements For Camel Racing In Abu Dhabi Southern Arena

Abu Dhabi City Municipality has completed landscaping work on the VIP Platform in the Southern Arena as improvements toward enhancing the camel racing experience. The sport has cultural value and attracts thousands of visitors every year. The landscaping is done in a very attractive manner with lush greenery, vibrant plants, and flowers, all to make the atmosphere more inviting and pleasant for the people attending the program.

Abu Dhabi Lights Up For The New Year

Festoons of lights were flung across the streets and bridges to 2025 in Abu Dhabi. Among the most well-known landmarks was Corniche, as well as Al Maqta Bridge, which were embellished by the Abu Dhabi City Municipality so that the city could welcome a more cheerful New Year’s Eve. The yellow and white light installations for the coming year spoke optimism and joy. The installation was done with much care to both aesthetics and safety.

Achievements in Housing by Ministry of Energy and Infrastructure

The UAE’s Ministry of Energy and Infrastructure has been successful in a series of impressive achievements in 2024, mainly in housing. The Sheikh Zayed Housing Programme, providing aids for the UAE citizens who need housing, passed more than 90,000 decisions worth nearly AED 60 billion. In addition, Manzli was initiated to provide simple services in the context of housing services. Paper work has reduced to a great extent and processing time has hastened; therefore, getting the support will be even more auspicious for citizens.

Dubai Walk: Vision For Pedestrian-Friendly Urban Living

Dubai Walk, an announcement of the major ‘Dubai Walk’ project that will be pushing Dubai toward a walk-friendly city. A major development proposed in December 2024, this project will build around 3,300 walk ways across the city, covering 110 pedestrian bridges and tunnels, green trails, as well as waterfront walking routes, with an aim of providing key services and facilities all within a 20-minute walk from a resident’s doorstep.

Ajman 2025 Budget Ready To Give A Boost To Infrastructure And Economy

Ajman government has budgeted AED 3.67 billion for the current fiscal, majorly focusing on the infrastructural development, community development, and economic growth within the region. This budget is mostly related to real estate, on which a lot of emphasis is given relating to support towards sustainability and modern methods of construction. In the case of Ajman, because of an increase in the number of transactions in its property, the demand for residential property is on its cards.

Real Estate Market In Ras Al Khaimah Grew By 70% Since 2020.

Ras Al Khaimah real estate sector is booming to the tune of AED 11.95 billion by 2024, which indicates a hike of 70% since 2020. Enhanced activities in the real estate sector demonstrate how the emirate is getting attractive for both investors and residents. It’s mainly because of the high demand for residential, commercial, and industrial property. It also accelerates with strategic government policies such as infrastructural investment and incentives for foreign investors.

Dubai Luxury Villas: Catering To Demand For High-Value Properties

Today demand for luxury villas is quite high at an incredible rate and also in very elite places like Emirates Hills and Palm Jumeirah. Dubai is likely to be completed with thousands of luxury villas by the end of 2024 and other units by the end of 2025 to cater to this demand. For its growing population, tens of thousands of luxury houses are going to be required by the cosmopolitan city by 2040.

Dubai Innovative Housing Projects: The New Mohammed Bin Rashid Housing Establishment Collaboration

The MoU was signed between Mohammed Bin Rashid Housing Establishment and Wasl Group on an agreement to jointly collaborate in the development of sustainable housing projects within the city of Dubai by the end of December 2024. Innovations in housing solutions toward the objective of bringing forward long-term urban goals in Dubai are to be developed through this partnership.

One Development And Amr Diab – Luxury Living Reborn

One Development has collaborated with the international superstar Amr Diab for a two-year partnership in driving the former’s luxury living projects. Amr Diab would be available under the terms of the agreement for the marketing campaigns, product launches, and the exclusive events as well. It has major thrusts in terms of redrawing luxury living with an AI-integrated community at Laguna Residence.

Ohana Development And Jacob & Co Unveils New AED 4.7 Billion Project

The AED 4.7 billion beachfront living project to be launched by Ohana Development will be partnered with Jacob & Co., a luxury house, in Abu Dhabi, one of which is Jacob & Co. Beachfront Living, an exclusive lineup of villas and apartments within the natural reserve facing the ocean.

Chestertons Mena Enters Sharjah’s Real Estate Sector

Sharjah is today entered by Chestertons MENA, a real estate company. The move seeks to tap the growing demand for residential, commercial, and industrial real estate in the emirate. This is one of the steps towards the further development of the real estate sector in Sharjah and is a support of the investment opportunities that exist because it is instrumental in the emirate’s growth economically.

Ajman Ties Up With JLL To Promote The Real Estate Sector

Ajman signed an international consultancy, JLL, to look for alternative visioning for the real estate market. In this respect, the strategic collaboration enhances investment attraction in regard to openness of its market and development of rules in finding modernizing ways toward sustainability.

In short, December 2024 was marked as a period of dynamic growth and innovation for the real estate market in the UAE. The sector has found new initiatives, large-scale projects, and sustainability, putting it on the road to further success. The country is taking on a leading position globally in terms of real estate development, and knowledge of recent trends and updates may prove highly beneficial to people thinking about investment or residence in the UAE.