The UAE has recently witnessed two noteworthy events, showcasing both deep appreciation for family values and the impressive growth within its real estate market.
Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE, inaugurated the ‘Thank You Sheikha Hind’ campaign on January 4 to honor his wife, Sheikha Hind bint Maktoum bin Juma Al Maktoum. This initiative highlights her substantial contributions to Emirati family values and social unity, as reported by various media outlets.
Each year on January 4, which marks Sheikh Mohammed's ascension as the ruler of Dubai, he launches national initiatives or transformative projects. This year, he dedicated the day to his wife, emphasizing her role as “my life partner, steadfast supporter, and the anchor of my life.” His words capture not only his admiration for her but also the importance of acknowledging those who provide support and loyalty, especially within the family structure.
“You are the beginning of my story and its most cherished chapter. You are the soul of Dubai, its heartbeat, and its source of joy,” Sheikh Mohammed said. These statements reflect his deep appreciation for Sheikha Hind, portraying her as central to his personal and professional successes.
Inspired by the teachings of Islam, he quoted Prophet Mohammed (Peace Be Upon Him): “The best among you are those who are best to their families.” This message underlines the cultural significance of family values within the UAE society.
Meanwhile, another facet of the UAE's prominence is showcased through its vibrant real estate market, which has cemented the nation’s status as a global hub for property investments. A recent report disclosed incredible activity across the real estate markets of Abu Dhabi, Dubai, Sharjah, and Ajman, reinforcing the UAE's attractiveness as a prime destination for high-net-worth individuals.
According to official data from local real estate authorities, the total value of real estate transactions across these emirates reached approximately AED893 billion by the end of 2024. This figure encompasses over 331,300 transactions, reflecting sustained positive performance levels attributed to diverse investment opportunities and growing demand for various property types.
Specifically, Dubai achieved record-breaking real estate transaction values, totaling over AED760.7 billion from 226,000 transactions. This growth highlights Dubai’s exceptional position to offer diverse and appealing investment opportunities, surpassing previous records.
The Dubai Land Department reported property sales of AED522 billion through 180,000 various sales transactions. Mortgage transactions also played a substantial role, amounting to AED187 billion across 35,000 mortgages by the end of 2024.
Abu Dhabi maintained its own impressive figures, with total real estate transactions reaching AED79.3 billion through 25,046 sales and mortgage transactions. Notably, 10,230 mortgage transactions were recorded, indicating the robustness of the emirate's real estate sector.
Sharjah, too, mirrored this trend, demonstrating remarkable growth with transactions worth over AED36.4 billion between January and November 2024, inclusive of AED9.5 billion from mortgage transactions. Over 78,600 sales transactions occurred during this period, reinforcing Sharjah's distinctive real estate market appeal.
Ajman's real estate sector also reflected strong growth dynamics, with transaction values exceeding AED16.9 billion, signifying a remarkable 43% growth compared to 2022. The Ajman Department of Land and Real Estate Regulation revealed figures reaching AED16.35 billion by the end of October 2024, emphasizing the resilience and diversity of investment options within its property market.
With positive indicators highlighting the strength of the real estate market across the UAE, experts forecast continued growth for 2025. The supporting factors include the country's conducive investment environment and the upcoming execution of various new real estate projects poised to attract both local and international investments.
These developments not only underline the UAE’s commitment to fostering strong family values but also its sophisticated and diverse economic opportunities, making it one of the most sought-after destinations for investment and living.