Dubai’s housing market cools after long red-hot run
Synopsis Dubai’s residential property market is cooling after a five-year rally as buyers become more price-sensitive, negotiate harder and shift toward smaller, lower-cost homes amid
Synopsis Dubai’s residential property market is cooling after a five-year rally as buyers become more price-sensitive, negotiate harder and shift toward smaller, lower-cost homes amid higher supply and geopolitical uncertainty. While prices remain higher year-on-year, they have softened quarterly, with annual growth slowing sharply from 17–18% in 2024 to around 4–5%.