Dubai’s Dh362M Canal-Front Land Sale Sets a New Record

A Dh362M canal-front land deal in Business Bay marks a new milestone in Dubai real estate news 2025.

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The rare waterfront plot, sold by Mukarrib Holdings, offers prime space for luxury mixed-use development.

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According to Dubai Land Department, land values in Business Bay rose nearly 17% year-on-year in 2025.

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Driven | Forbes Global Properties brokered the Dh362M deal, calling it proof of Dubai’s market depth.

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Experts say limited canal plots and high investor demand are keeping Business Bay land prices soaring.

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Analysts predict Dubai real estate news in 2025 will keep breaking records as demand for prime land grows.

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