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 April 28th to May 2nd, 2025
Recent Launches:
Trump International Hotel & Tower Dubai
Location: Downtown Dubai
Developer: Dar Global
Overview: This upcoming 80-storey skyscraper by Dar Global in partnership with The Trump Organization will feature the world’s highest swimming pool and a range of ultra-luxury residences including 1–3 bedroom apartments and 4-bedroom duplex sky-pool penthouses. Positioned in Downtown Dubai, the project is expected to set a new benchmark for branded residences. Starting prices and handover timeline are yet to be officially announced.
Grand Polo Club and Resort
Location: Dubai Investment Park
Developer: Emaar Properties
Overview: Emaar’s Grand Polo Club and Resort will introduce a lifestyle-focused community offering 3–6 bedroom townhouses and villas surrounded by green landscapes and premium amenities such as parks, community centers, and wellness facilities. Launch details including starting prices and estimated completion date are expected to be revealed soon.
Ayamore Residence
Location: Dubai Islands
Developer: Ayat Development
Overview: Set on the shores of Dubai Islands, Ayamore Residence is a boutique 12-storey project offering 1–3 bedroom apartments and 3-bedroom villas with direct beach access and resort-style amenities including an infinity pool, gym, outdoor cinema, and lush landscaping. Prices start from AED 1.44 million, with expected completion in Q1 2027.
Market Trends and Industry Updates:
Ras Al Khaimah Property Market Set to Double by 2030: Ras Al Khaimah is experiencing a surge in real estate activity, with over AED11 billion in sales recorded in 2024 and more than 11,000 new residential units projected by 2030. The market is being driven by strong off-plan sales, rising demand for branded residences—particularly on Al Marjan Island—and a growing tourism sector.
Major developments like the Wynn Al Marjan Island resort and upcoming projects such as Anantara Residences are positioning the emirate as a high-potential investment destination. With improvements in infrastructure, hospitality, and education, RAK is evolving into a lifestyle hub that’s attracting long-term investors and homeowners alike.
DAMAC and Chelsea FC Launch Football-Themed Luxury Residences in Dubai: DAMAC Properties has announced a global partnership with Chelsea Football Club to launch “Chelsea Residences by DAMAC” in Dubai Maritime City. This marks the first-ever football-themed branded residence in the emirate, featuring over 1,400 seafront units with a focus on health, fitness, and Chelsea-branded amenities.
The collaboration also includes DAMAC branding on Chelsea’s men’s and women’s team shirts for the remainder of the 2024–25 season, signaling a bold crossover between real estate and global sports.
Dubai Land Department and Awqaf Dubai Join Forces to Upgrade Real Estate Portfolio: Dubai Land Department (DLD) has signed a new agreement with the Awqaf and Minors Affairs Foundation to evaluate and enhance properties within the foundation’s real estate portfolio. The collaboration is part of DLD’s Building Classification Project, aimed at improving competitiveness through upgraded property standards.
The partnership includes revaluing existing buildings, granting access to legal property data, and implementing a joint system for more efficient service delivery. Properties will be assessed using criteria such as sustainability, technical condition, and safety, with each building assigned a star rating based on quality. The initiative reflects Dubai’s broader strategy to drive innovation and transparency across its real estate sector.
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.