Dubai's property market hits pause as geopolitical tensions ripple through deals. After a record-breaking 2025 that saw market value surge to Dhs841.7 billion, the conflict beginning February 28 triggered an immediate slowdown. Weekly transaction values plummeted nearly 50 percent, dropping from Dhs20.72 billion to Dhs10.37 billion in just one week. Deal volumes fell 44.5 percent. However, the market structure remains intact. Off-plan properties continue dominating at 66.2 percent of built-property value, signaling investor confidence in long-term plays. Luxury segments show resilience with high-ticket deals like a Dhs422 million apartment sale still closing. Mortgage registrations held steady at 19 percent of market value.
