How the Dubai Property Market is Responding After 4 Weeks of Conflict

In this market update, we break down what it’s really been like in Dubai’s property market over the past four weeks since the geopolitical conflict started. Carl looks at both the slowdown and the early signs of recovery.Early March brought a noticeable shift, with viewings down by 71% and applicants 64% below early-year levels as uncertainty and seasonal factors took hold. But supply remained steady, with listings finishing the month 10% above the baseline average - keeping the market balanced.As the month progressed, confidence began to return. Post-Eid, viewings increased by 59% week-on-week and applicants rose by 33%, signalling momentum picking back up.We’re also seeing opportunities emerge, with some buyers securing deals 5 to 20% below asking prices. On the off-plan side, developers are expected to introduce more flexible and attractive payment plans, supporting continued demand in this segment of the market.Market Key Insightsiewings dropped up to 71% in early MarchApplicants down 64% compared to early-year baselineListings ended March 10% above baseline, showing steady supplyPost-Eid rebound: viewings up 59% week-on-week, applicants up 33%Buyers negotiating 5-20% below asking pricesOff-plan demand expected to be suppVorted by flexible developer payment plansWatch the full update for a clear, honest view of where the market stands right now.00:18 Market Reality: Short-Term Slowdown 00:45 The Bigger Picture: Seasonality vs Market Sentiment01:05 What the Data Actually Shows: A Market Pausing and Adjusting02:29 Dubai’s Strength: Stability Amid Uncertainty03:07 What This Means for Buyers, Sellers and Landlords04:14 Mortgage Trends and Off-Plan Opportunities04:49 Carls Closing Thoughts Hosted on Acast. See acast.com/privacy for more information.