We analysed Dubai Land Department data between the weeks February 23 – March 1 and March 2 – March 8, 2026, to compare how the conflict in the Middle East affected activity in the real estate market.
During the first week, the total value of property sales reached approximately AED 13.9 billion across 4,310 transactions.
In the following week, the value of sales reached AED 8.3 billion, with a total of 2,400 transactions.
The charts below also show that lower activity was visible in both the primary market (new developments) and the secondary market (resales). At the same time, the data clearly indicates that transactions continue to take place and that market activity has not stopped.
Such reactions are not unusual during periods of geopolitical uncertainty. Investors often slow down their decision-making temporarily, while the market itself continues to function and transactions continue to take place.
Short-term changes in the number of transactions therefore do not necessarily indicate a shift in the long-term trend. At this stage, the data primarily reflects a temporary change in market activity, while the overall development of Dubai’s real estate sector will be clearer over a longer time horizon.
These figures come at a time when Dubai’s real estate market continues to build on several years of strong growth. According to the Dubai Land Department, the total value of real estate transactions in 2025 exceeded approximately AED 917 billion, across more than 270,000 deals.
Residential property prices have also increased by roughly 60–75% since 2021, placing Dubai among the fastest-growing real estate markets among major global cities.
These figures show that the current development is taking place in a market that has experienced strong growth and high investment activity in recent years, suggesting that the current fluctuation should be viewed within the broader context of the market’s long-term development.
If you would like to learn more about the latest market figures or the current situation in Dubai’s real estate market, feel free to contact us.
