Dubai real estate sector records over 4,000 activities in H1 2025

The surge reflects the emirate’s growing appeal to investors and the range of opportunities for property service providers. Shutterstock
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Updated 11 August 2025
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Dubai real estate sector records over 4,000 activities in H1 2025

  • Brokerage for property sales and purchases topped list of activities, accounting for 2,301 registrations
  • 273 activities related to purchase and sale of land and properties

RIYADH:  Dubai’s property market witnessed significant momentum in the first half of the year, registering 4,049 real estate activities.

According to the Dubai Land Department, the surge reflects the emirate’s growing appeal to investors and the range of opportunities for property service providers, Emirates news agency WAM reported.

It also comes amid broader market drivers such as sustained population growth, ongoing infrastructure projects, and government-led efforts to modernize services and enhance regulations.

“These activities reflect the professional diversity in the market and the department’s keenness to provide a flexible environment that meets the needs of investors and clients in various areas of the real estate sector, enhances competitiveness, and aligns with the population and economic growth requirements of the emirate,” WAM said.

One of the most notable undertakings is the “Trakheesi” system, the official platform of the Dubai Land Department for registering and activating a variety of core real estate services.

Registration through the system is mandatory for several types of property licenses, including brokerage for sales and purchases, leasing brokerage, property administrative supervision, valuation services, purchase and sale of land and properties, management of jointly owned holdings, and real estate and mortgage consultancy.

In addition, specific real estate licenses, such as property development, leasing and management of private and third-party properties, and the work of real estate service and promotion trustees, require prior approval from the Trakheesi system.

Brokerage for property sales and purchases topped the list of activities during the first half, accounting for 2,301 registrations.

Leasing brokerage followed with 1,279 activities, reflecting the extensive network of real estate brokers and their role in serving tenants and owners. A total of 273 activities were related to the purchase and sale of land and properties.

Among the recorded activities were property administrative supervision services, mortgage brokerage, real estate consultancy, leasing and management of private and third-party properties, and mortgage consultancy.

The figures directly reflect the streamlined procedures adopted by the department through an integrated digital platform, enabling clients to issue and renew activities with ease, WAM said.

The initiatives are part of the department’s commitment to enhancing Dubai’s investment climate and encouraging innovation in the property sector.

They also align with the Dubai Real Estate Strategy 2033, which seeks to position the emirate as a global property hub while maintaining a safe, flexible business environment that supports sustainable growth and economic diversification.


Acwa signs key terms to develop 5GW of renewable energy capacity in Turkiye

Updated 23 February 2026
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Acwa signs key terms to develop 5GW of renewable energy capacity in Turkiye

JEDDAH: Saudi utility giant Acwa has signed key investment agreements with Turkiye’s Ministry of Energy and Natural Resources to develop up to 5 gigawatts of renewable energy capacity, starting with 2GW of solar power across two plants in Sivas and Taseli.

Under the investment agreement, Acwa will develop, finance, and construct, as well as commission and operate both facilities, according to a press release.

The program builds on the company’s first investment in Turkiye, the 927-megawatt Kirikkale Independent Power Plant, valued at $930 million, which offsets approximately 1.8 million tonnes of carbon dioxide annually, the statement added.

A separate power purchase agreement has been concluded with Elektrik Uretim Anonim Sirketi for the sale of electricity generated by each facility.

Turkiye aims to boost solar and wind capacity to 120GW by 2035, supported by around $80 billion in investment, while recent projects have already helped prevent 12.5 million tonnes of CO2 emissions and reduced reliance on imported natural gas.

Turkiye’s energy sector has undergone a rapid transformation in recent years, with renewable power emerging as a central pillar of its strategy.

Raad Al-Saady, vice chairman and managing director of ACWA, said: “The signing of the IA (implementation agreement) and PPA key terms marks a pivotal moment in Acwa’s partnership with Turkiye, reflecting the country’s strong potential as a clean energy leader and manufacturing powerhouse.”

He added: “Building on our long-standing presence, including the 927MW Kirikkale Power Plant commissioned in 2017, this step elevates our partnership to a new level,” Al-Saady said.

In its statement, Acwa said the 5GW renewable energy program will deliver electricity at fixed prices, enhancing predictability for grid planning and supporting long-term industrial investment.

By replacing imported fossil fuels with domestically generated clean energy, the initiative is expected to reduce Turkiye’s exposure to global energy market volatility, strengthening energy security and lowering long-term power costs.

The company added that the economic impact will extend beyond the anticipated investment of up to $5 billion in foreign direct investment, with thousands of jobs expected during the construction phase and hundreds of high-skilled roles created during operations.

The energy firm concluded that its existing progress in Turkiye reflects a strong appreciation for Turkish engineering, construction, and manufacturing capacity, adding that localization has been a strategic priority, and it has already achieved 100 percent local employment at its developments in the country.