Welcome to our weekly roundup of the latest real estate news and property transactions in Dubai. From notable launches to market trends, here's a recap of the most significant developments from the week of May 12th - 16th, 2025
Recent Launches:
Azha Millennium Residences
Location: Jumeirah Village Triangle
Developer: Emirates Properties
Starting from AED 650,000, Azha Millennium Residences offers a modern collection of studio, 1- and 2-bedroom apartments designed for contemporary urban living. Located in the heart of Jumeirah Village Triangle, the project combines affordability with quality, making it an ideal choice for first-time buyers or investors seeking rental yield potential. Residents will benefit from thoughtfully designed layouts, modern finishes, and access to communal amenities within a growing, well-connected neighborhood.
Playa Viva
Location: Al Marjan Island
Developer: Uniestate
Playa Viva is a beachfront lifestyle destination on Al Marjan Island, offering a curated selection of studio, 1- and 2-bedroom residences starting from AED 850,000. This project blends modern coastal design with resort-style amenities, creating an idyllic escape with direct access to the beach. Ideal for those looking for a holiday home, investment, or peaceful retreat, Playa Viva captures the essence of island living with panoramic sea views and serene surroundings.
Nautis Residences
Location: Dubai Islands
Developer: Stamn Development
With prices starting at AED 1.6 million, Nautis Residences is a premium waterfront development located on the rapidly transforming Dubai Islands. Offering spacious 1- to 3-bedroom apartments, the project is crafted for those seeking high-end coastal living with modern design and expansive sea views. Residents can enjoy exclusive access to leisure facilities, landscaped promenades, and the future vision of Dubai Islands as a vibrant waterfront hub.
Market Trends This Week:
Wasl Unveils Major Expansion of Jumeirah Golf Estates: Dubai developer Wasl has launched a major new masterplan for Jumeirah Golf Estates, set to add over 12,000 residential units across six newly planned lifestyle districts. Covering 4.68 million square metres, “The Next Chapter” includes a mix of villas, estate homes, branded residences, luxury hilltop mansions, and apartments, designed to accommodate more than 51,000 future residents.
The development aligns with the Dubai 2040 Urban Master Plan and integrates enhanced mobility access, including proximity to Etihad Rail and the Jumeirah Golf Estates Metro Station. Community infrastructure will feature schools, healthcare centres, retail outlets, and a new Mandarin Oriental hotel.
Sports and leisure are also central to the expansion, with plans for a new 18-hole golf course, tennis stadium, equestrian centre, and over 1.5 million square metres of green space. This marks a major step forward in Dubai’s evolving landscape of luxury, lifestyle-driven communities.
Al Barari Villa Sells for $29M, Sets Record Price Per Sq.Ft in Dubai: Dubai’s luxury property market continues to soar, with the recent sale of a custom-built mansion in Al Barari’s AMAIA Collection reaching AED 107 million ($29 million). The villa, known as Y3, spans 16,939 sq. ft. of built-up area on a 22,804 sq. ft. plot and has set a new price benchmark at AED 6,316 per sq. ft.—the highest recorded in the community to date.
Designed to deliver ultimate exclusivity and sophistication, the five-bedroom villa features a private rooftop lounge, executive-grade home office, state-of-the-art gym, and other high-end amenities tailored for luxury living.
This transaction highlights Al Barari’s growing position in Dubai’s super-prime property landscape and underscores the surging demand for bespoke, design-led homes in nature-rich settings.
Dubai Opens Real Estate Market to UAQ Free Zone Companies: In a landmark move set to reshape inter-emirate investment, the Dubai Land Department (DLD) has signed a Memorandum of Cooperation with the Umm Al Quwain Free Trade Zone (UAQ FTZ), allowing companies registered in UAQ FTZ to legally purchase and register freehold property in Dubai under their business names.
This new agreement removes previous ownership restrictions and gives UAQ-based companies direct access to one of the most dynamic real estate markets in the region. It not only strengthens economic ties between the emirates but also supports business scalability and long-term operational stability. The partnership reinforces Dubai’s commitment to regulatory collaboration and investment growth across the UAE, aligning with national goals of economic diversification and global competitiveness.
As the week comes to a close, Dubai's real estate market continues to showcase resilience, innovation, and investment opportunities. Stay tuned for more updates and insights as we track the dynamic developments in Dubai's property landscape.