UAE real estate news for the month of December 2025
- Revivial of Big Ben in Dubai
- Luxury Property Sales in Dubai Surpass London
- Rise in Ajman Property Transactions
- Dubai Updates Residential Parking Rules
- Palm Service Fees Approved
- FAQs
The UAE property market continued to demonstrate strong momentum in December 2025, with developments across Dubai, Ajman and other emirates capturing investor attention. From high-profile commercial projects to shifts in residential regulations and community management, the month highlighted the evolving dynamics and resilience of the real estate sector. This roundup covers the key trends, transactions and UAE real estate news, offering a comprehensive snapshot of the market as it enters the new year.
UAE Real Estate News from December 2025
Big Ben Tower in Dubai Revived
Dubai’s long-idle skyscraper Al Yaqoub Tower, popularly known as “Big Ben”, is officially returning to active use following its acquisition by AHS Properties. Purchased in 2024 by Abbas Sajwani, the landmark 328-metre commercial tower is undergoing a full redevelopment aimed at repositioning it as a modern office destination.
Renovation works are currently in progress, with completion targeted for late 2026. Strong market confidence has already been demonstrated, with approximately 95% of the tower’s office space sold or pre-leased. The project marks a significant milestone in the revitalisation of one of Dubai’s most recognisable yet dormant buildings, reflecting continued strength in the city’s commercial real estate sector.
Dubai Surpasses London in Luxury Property Sales
In Dubai real estate news, the emirate has been ranked as the world’s leading city for luxury residential real estate, according to the Savills Global Index of major international markets. The report highlights that prime property values in the emirate now exceed those of all other global cities, reinforcing Dubai’s status as a preferred destination for high-net-worth individuals and ultra-wealthy investors.
Notably, Dubai also leads in the number of residential transactions above the $10 million mark, recording sales volumes around three times higher than London. This performance reflects strong investor confidence, sustained international demand and Dubai’s growing appeal as a stable, long-term hub for luxury real estate investment.
Ajman Property Transactions Soar in November 2025
In other UAE real estate news, Ajman’s real estate market surged in November, recording 1,552 transactions worth AED 2.42 bn ($659 m), a 32% year-on-year increase. Strong demand spanned residential and development projects, reflecting growing investor confidence across the emirate. Key highlights included Al Rumaila 2’s largest single sale at AED 110 m ($30 m) and Golf Estate’s top development transaction at AED 2.75 m ($750,000). Mortgage activity also rose, with 186 deals valued at AED 370.4 m ($101 m), underscoring sustained momentum in Ajman’s property market.
Change in Residential Building Parking Rules in Dubai
The Dubai Land Department (DLD) has clarified the legal framework for parking in residential buildings. Tenants’ access to parking spaces is strictly a contractual right, determined by the lease agreement and is not automatically guaranteed unless explicitly stated. Developers must provide parking according to approved plans, while property management companies may issue fines only under established regulations. Disposal or separate sale of parking spaces from units is prohibited without prior approval. Complaints regarding non-compliance should be submitted through the Real Violations System (RVS) to ensure enforcement within the legal framework, safeguarding owners’ and tenants’ rights.
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Dubai Approves Three-Year Service Fees for Palm Jumeirah
The Dubai Land Department, in partnership with Dubai Holding Community Management, has approved the first-ever three-year fixed service fees for the Palm Jumeirah Master community. The new mechanism, facilitated via the ‘Mollak’ system, allows management companies to plan long-term budgets while retaining the option for annual cycles. This initiative enhances financial stability, transparency and operational efficiency for jointly owned properties, enabling better planning and sustainable decision-making. Strengthened digital integration and streamlined verification processes improve oversight and service quality. The adoption marks a strategic milestone in Dubai’s community management, reinforcing market confidence and delivering long-term value to residents and investors.
FAQs about UAE Real Estate News
What were the most notable property launches across Dubai in December 2025?
The top property launches in Dubai for December 2025 include developments like Creek Bay, Azizi Gabriel and The Cape.
Are there any new off-plan projects in Dubai?
Potential investors will be happy to learn that there are. As per current listings on Bayut, new off-plan projects in Dubai include several options by Emaar like Mareva The Oasis and Serro 2.
That concludes our coverage of UAE real estate news for December 2025. As the nation’s property sector advances, continued innovation, regulatory refinement and investor confidence signal a dynamic market poised for growth, setting the stage for new opportunities in the year ahead.
