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Keturah founder says premium property market keeps proving its durability as villa, apartment deals average AED 12.1 million

Dubai, UAE, July 20: The Dubai luxury real estate market continued to attract a steady flow of investment in June, with developers generating sales transactions worth AED3.72 billion for off-plan homes priced above AED5 million.

A market analysis from the Keturah luxury brand today reveals that villa buyers accounted for AED1.61 billion across 141 off-plan transactions last month, while apartment sales reached AED2.12 billion from 166 deals – an average of AED 12.1 million per home.

The strongest villa activity came in the AED5-10 million bracket, where 99 transactions generated AED639.2 million in developer off-plan sales, with a further 30 deals worth AED415.6 million recorded in the AED10-20 million range.

Data from DXBinteract shows that apartment sales were concentrated in the AED5-10 million bracket, with 111 transactions worth AED722.3 million, followed by 33 deals worth AED475.7 million in the AED10-20 million range.

Added to the 307 off-plan transactions last month, developers recorded another AED1.01 billion in sales of 58 ready properties above AED5 million at an average of AED17.4 million each.

“The premium end of the property market keeps proving its durability,” said Talal M. Al Gaddah, CEO and Founder of the Keturah luxury brand. “Investors are continuing to back Dubai’s long-term trajectory as one of the world’s leading real estate destinations.”

The company currently has two luxury communities under development in Dubai – Keturah Reserve, the AED5.7 billion bio-living community in Mohammed Bin Rashid City’s District 7, and the Ritz-Carlton Residences at Keturah Resort, on the shores of Dubai Creek, adjacent to the Ras Al Khor Wildlife Sanctuary.

Both developments sit within the top tier of the market, which last month saw seven villa sales in the AED20-50 million range for a total of AED207.9 million, and five deals in the AED50-100 million range worth AED344.9 million.

Meanwhile, 18 apartment sales in the AED20-50 million range amounted to AED521.5 million and three deals in the AED50-100 million sector totalled AED197 million, while a penthouse in Business Bay sold for AED200 million.

Dubai Islands was the area recording the highest number of off-plan transactions above AED5 million last month with 48 sales, followed by Dubai South with 39, and Palm Jumeirah with 22.

New Delhi, 20 July: The HUMAIN AI Literacy Mission (HAILM) was formally launched at Bharat Mandapam, New Delhi, today, introducing a holistic approach to AI literacy that brings school leaders, teachers and students onto a structured learning pathway. Combining an age-appropriate curriculum for Grades 3 to 12 with live sessions, an LMS, video lessons, interactive activities, teacher development, policy resources and classroom-ready learning materials, HAILM aims to help schools adopt AI education systematically, with foundational-level learning available free to broaden access across geographies.

The launch comes at a time when artificial intelligence is becoming part of how young people learn, search for information, create content and interact with technology. Yet, access to structured learning that helps students understand how AI works, assess its outputs and recognise its limitations remains uneven. HAILM seeks to address this gap, enabling students to progress from foundational understanding to responsible and practical use.

Mr. Manit Jain, Chief Visionary, HAILM, outlined the whole-school thinking behind the mission.

“AI has already started influencing how our children learn, work and make decisions. We must ensure they do not grow up merely as users of this technology, but understand its possibilities, limitations and responsibilities. Building an AI-literate Bharat requires a holistic approach that empowers school leaders to shape informed policies, teachers to guide responsible use, and students to understand the technology shaping their future. By making foundational AI literacy freely accessible and supporting schools through a structured learning pathway, HAILM aims to democratise access to AI education and support the vision of Viksit Bharat 2047 by preparing a generation that can understand, use and shape emerging technologies responsibly.”.

Explaining how the mission will translate this vision into practice, Mr. Amit Yadav, CEO, HAILM, said, “For AI literacy to become truly accessible, it has to work within the realities of Indian classrooms. We are designing HAILM as a structured pathway rather than a one-time intervention, with clear support for students, teachers and school leaders. Our aim is to build a model that schools can adopt with confidence across different contexts, while keeping responsible use central to how students encounter AI.”

Beyond classrooms, wider access to foundational AI literacy can help prepare young people to participate more meaningfully in India’s digital future. As AI is embedded across sectors, early exposure to its responsible and informed use can equip students to engage with technology as informed users, creators and problem-solvers.

Addressing the launch, Shri Ashish Sood, Minister of Education, Government of NCT of Delhi, highlighted the importance of preparing students and educators for an AI-enabled world.

“Our classrooms have embraced the digital shift; the next step is ensuring students and teachers understand the AI systems shaping the world around them, safely and responsibly. Building this understanding early can help young people engage with technology with greater confidence and judgement. Initiatives that expand access to structured and inclusive AI learning can play an important role in preparing students to navigate emerging technologies responsibly,” said Shri Ashish Sood, Minister of Education, Government of NCT of Delhi.

Following the launch, HAILM will focus on onboarding schools, expanding teacher-training cohorts and developing partnerships across school education, with further details on institutional collaborations and state-wise rollout to be announced as implementation progresses.

As HAILM moves from launch to implementation, its focus will be on translating its whole-school approach into meaningful classroom impact, helping build a generation that can understand, question and use AI with greater confidence and responsibility.

New Delhi, July 20: The rise in Brent crude oil prices above the USD 90 per barrel mark has renewed concerns over India’s energy costs, with markets closely monitoring the impact on the rupee and foreign portfolio investment (FPI) flows.

The increase in global crude prices could pose challenges for India, which relies significantly on imported oil to meet its energy requirements. Higher crude prices may influence import costs, inflation trends, and the country’s external balance.

Market participants are also keeping a close watch on currency movements, particularly the performance of the Indian rupee, as well as foreign investor activity amid changing global economic conditions.

Analysts said developments in international oil markets, currency fluctuations, and global investor sentiment will remain key factors shaping India’s financial markets in the near term.

The government and market stakeholders continue to monitor global energy trends and their potential impact on economic stability and growth.

New Delhi, July 20: Gold and silver prices moved higher as a weaker US dollar provided support to precious metals, offsetting concerns over possible interest rate decisions by the US Federal Reserve.

Market sentiment remained influenced by global economic developments, with investors closely tracking currency movements and monetary policy signals. A softer dollar generally makes precious metals more attractive for buyers holding other currencies, contributing to the upward movement in prices.

Analysts said ongoing uncertainty over interest rate policies and global market conditions continues to influence precious metal trading. Investors are keeping a close watch on inflation trends, economic data, and central bank decisions for further direction.

The rise in gold and silver prices reflects continued demand for safe-haven assets amid changing global financial conditions. Market participants expect volatility to remain as investors assess future interest rate outlooks and currency trends.