Dubai continues to strengthen its position on the global skyscraper map. Today, 4 out of the 10 tallest new buildings in the world are located in the emirate, reflecting both the scale and ambition of its urban development.

New generation of skyscrapers.
Modern supertall projects are increasingly moving beyond a simple race for height and are becoming tools for rethinking urban space. A new generation of skyscrapers combines record-breaking dimensions with expanded infrastructure — observation decks, restaurants, swimming pools and public areas located at extreme heights. Alongside Dubai, China and several Middle Eastern countries remain among the most active markets for high-rise construction.

Dubai has begun the implementation of one of the most ambitious development projects in the emirate’s history — Mercedes-Benz Places | Binghatti City, with total investments estimated at more than $8.1 billion.

The project is positioned as the world’s first city under the Mercedes-Benz brand and is being developed by Binghatti in the Nad Al Sheba area. It represents the next stage of the partnership between Binghatti and Mercedes-Benz, which was previously introduced through a single branded skyscraper in central Dubai.

Dubai’s real estate sector saw an unprecedented wave of new project launches in 2025, setting an all-time record for market activity.

Over the course of the year, developers announced a total of 648 new projects. This translates into an average of one new launch every 13.5 hours. For comparison, in the first quarter of 2024, new projects were introduced roughly once every 18 hours, clearly highlighting the acceleration in development activity amid sustained demand.

Buying a first home in Dubai in 2026 will require buyers to have an initial capital of at least $82,000 and a stable monthly income ranging from $8,200 to $10,900, according to market participants. For properties priced up to $1.36 million, banks typically require a minimum down payment of 20%.

For example, when purchasing an apartment priced at approximately $409,000, buyers are expected to contribute around $82,000 in personal funds. Once registration fees, bank charges and agency services are factored in, total upfront costs can rise to $98,000–109,000.