Proppy News
Dubai real estate, one story a day
Every morning at 9:00 — the story that matters most to agents, told in full: what happened, the numbers, and what it means for your clients. Florence sums up the latest in a short video every few days.
Al Satwa can now build up to eight residential floors
Dubai Municipality has updated planning rules for Al Satwa, allowing residential buildings of up to eight floors on larger plots and replacing rules that mainly permitted attached villas.
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Eight months into the regional crisis, Dubai's property market in numbers
Fewer deals, prices 5–15% off their peak, luxury still trading and developers back in the debt market. What the latest reports show about Dubai property since the regional crisis began in February — and what to tell clients.
Dh12.26bn of deals in five days; top sale Dh55m on Palm Jumeirah
Dubai registered Dh12.26 billion of real estate transactions from 26 to 30 October, including 2,579 sales worth Dh7.44 billion. Ten months into 2026 the market stands at about 68% of last year's total.
UAE Central Bank holds its base rate at 3.9%
The Central Bank of the UAE kept its base rate at 3.9% on 28 October after the US Federal Reserve left its rates unchanged. Six weeks after September's rise, borrowing is not getting cheaper.
Bayut Q3: asking prices steady, apartment yields up to 9.5%
Bayut's report for July to September finds asking prices broadly flat across Dubai's popular areas, with estimated apartment yields highest in Dubai Investments Park, Discovery Gardens and Remraam. Nearly half of buyers in its survey expect prices to rise over the next year.
Dubai approves a Dh2bn plan for its urban centres
Dubai's Executive Council has approved more than Dh2 billion for six main urban centres and 42 sub-centres, with targets of Dh20 billion in added property value by 2040 and three in four residents living near a metro station.
Dh3bn drainage contracts for Jumeirah, Al Barsha and nine more areas
Dubai Municipality has awarded four contracts worth Dh3 billion for 100 km of new main drainage lines across 11 areas, the third phase of the Dh30 billion Tasreef programme launched after the April 2024 floods. Completion is planned for 2033.
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