DUBAI: The value of Dubai property deals hit a four-year high in May, new data reveals.
Some 4,429 transactions worth 11.11 billion dirhams ($3 billion) were recorded in May, state news agency WAM reported, citing Dubai's official sales price index. That represented the highest deal value since March 2017.
A rapid vaccination program, eased residency rules and ongoing business reforms are helping the Dubai property market to rebound after years of stagnation.
However, a glut of new homes under construction continues to weigh on some sectors of the real estate market.
A total of 20,989 real estate sale transactions were recorded between January and May, worth 47.19 billion dirhams.
The jump in real estate transactions highlights “the emirate's attractiveness and flexibility in attracting real estate investments,” WAM said.
According to the index, 77 percent of sales transactions were for apartments and 23 percent were for villas or townhouses.
The hot spots for villas and townhouses in May were Dubai Hills Estate, Arabian Ranches, Palm Jumeirah, Damac Hills, and Mohamed bin Rashid City.
The top areas of interest for apartments, meanwhile, were Dubai Marina, Downtown Dubai, Palm Jumeirah, Business Bay, and Jumeirah Village Circle.
Dubai property deal values at four-year high
https://arab.news/cce2g
Dubai property deal values at four-year high
- According to the index, 77 percent of sales transactions were for apartments and 23 percent were for villa or townhouses
Saudi Arabia leads outcome-based education to prepare future-ready generations: Harvard Business Review
- The Riyadh-based school group developed a strategy that links every classroom activity to measurable student competencies, aiming to graduate learners equipped for the digital economy and real-world contexts
RIYADH: Saudi Arabia’s education system is undergoing a sweeping transformation aligned with Vision 2030, shifting from traditional, input-focused methods to outcome-based education designed to equip students with future-ready skills, Harvard Business Review Arabic reported.
The transformation is being adopted and spearheaded by institutions such as Al-Nobala Private Schools, which introduced the Kingdom’s first national “learning outcomes framework,” aimed at preparing a generation of leaders and innovators for an AI-driven future, the report said.
Al-Nobala has leveraged international expertise to localize advanced learning methodologies.
The Riyadh-based school group developed a strategy that links every classroom activity to measurable student competencies, aiming to graduate learners equipped for the digital economy and real-world contexts. The school’s group approach combines traditional values with 21st-century skills such as critical thinking, communication, innovation and digital fluency.
According to the report, the shift addresses the growing gap between outdated models built for low-tech, resource-constrained environments and today’s dynamic world, where learners must navigate real-time information, virtual platforms, and smart technologies.
“This is not just about teaching content, it’s about creating impact,” the report noted, citing how Al-Nobala’s model prepares students to thrive in an AI-driven world while aligning with national priorities.
The report noted that Saudi Arabia’s Ministry of Education has paved the way for this shift by transitioning from a centralized controller to a strategic enabler, allowing schools such as Al-Nobala to tailor their curriculum to meet evolving market and societal needs. This is part of the long-term goal to place the Kingdom among the top 20 global education systems.
Al-Nobala’s work, the report stated, has succeeded in serving the broader national effort to link education outcomes directly to labor market demands, helping to fulfill the Vision 2030 pillar of building a vibrant society with a thriving economy driven by knowledge and innovation.
Last February, Yousef bin Abdullah Al-Benyan, Saudi Arabia’s minister of education, said that the Kingdom was making “an unprecedented investment in education,” with spending aligned to the needs of growth and development. He said that in 2025, education received the second-largest share of the state budget, totaling $53.5 billion.
