INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Strong demand for UAE luxury real estate

  • The UAE alone accounted for more than 48 percent of the $143 billion in real estate sales in the GCC region.
  • Numerous celebrities—including the likes of Brad Pit, Madonna and Giorgio Armani—have already invested into Dubai’s real estate market prior to the pandemic.

Dubai, UAE – The Gulf Cooperation Council region recorded more than $143 billion in real estate sales between Jan and Oct 2022. The UAE alone accounted for more than 48 percent of the value of the sales.

By the end of 2022, the UAE was expected to attract more than 4,000 high-net-worth individuals (HNWIs), according to the latest Henley Global Citizens Report.

In fact, around 25 percent of GCC’s millionaires are moving to the UAE. At the same time, others are relocating to other regions like the UK, US and Europe, says Amoils.

Numerous celebrities—including the likes of Brad Pit, Madonna and Giorgio Armani—have already invested into Dubai’s real estate market prior to the pandemic. Now billionaires started relocating not only their families, but also businesses to Dubai and more are expected to come with the UAE Central bank forecasting a 4.2 per cent GDP growth for 2022, double of that achieved in 2021.

TRENDS takes a look at UAE luxury real estate market: