In this weekly recap, we revisit some of the key real estate stories shaping the GCC, from Dubai’s multi-billion-dollar property activity to major new developments across Saudi Arabia and the UAE.
Dubai recorded approximately $13.07 billion in property sales during April 2026, while the emirate’s off-plan apartment market generated around $5.36 billion in sales, reflecting continued investor confidence and strong demand across future developments.
In Saudi Arabia, the launch of the $2 billion Jewel of the Bride project in Jeddah highlights the Kingdom’s continued push toward large-scale waterfront and tourism-driven developments.
Meanwhile, MERED introduced a floating sales gallery for Riviera Residences in Dubai, showcasing how developers are rethinking luxury real estate experiences and buyer engagement.
Ajman also recorded a major $54.5 million mixed-use land transaction in Al Zahia, reinforcing growing interest in integrated urban developments across the emirate.
Together, these updates reflect continued momentum across GCC real estate markets, driven by investment, large-scale projects, and evolving development strategies.
