Dubai's real estate market faces significant downturn amid conflict

Jun 1, 2026, 2:00 AM10

(Update: Jun 1, 2026, 2:00 AM)

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most populous city in the United Arab Emirates and the capital of the Emirate of Dubai

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Dubai's real estate market faces significant downturn amid conflict

In early March 2026, Dubai's real estate transaction volumes fell by 37% year-on-year.
The corporate real estate sector poses significant risks to UAE banks, with loans accounting for 13% of total loans.
The ongoing conflict and new supply could further depress property prices in Dubai.

Dubai

most populous city in the United Arab Emirates and the capital of the Emirate of Dubai

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