Gulf tensions rattle Dubai real estate sector
The Dubai real estate sector has been impacted by the recent Gulf tensions, with property transaction volumes declining 38% year-on-year in the first 13 days after the war. The city's status as a haven has been shaken, raising concerns about an imminent downturn in the real estate market.
Dubai's real estate sector has been rattled by the recent Gulf tensions. The city's property market had been booming, with transactions worth AED 917 billion in 2025. However, the US-Israel strikes on Iran and the subsequent retaliation have raised concerns about safety and stability. As a result, property transaction volumes have declined, and investors are speculating about a potential downturn. The luxury segment has seen discounts of up to 15%, while mid-income housing remains stable. The UAE government is expected to take measures to secure the city and regain trust among citizens, expatriates, and businesses.
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