The real estate market in Dubai shows signs of weakness after the attacks in the region.

The real estate market in Dubai has begun to show signs of weakness, nearly three weeks after the US-Israel attacks on Iran, according to analysts' data. The volume of real estate transactions has decreased by 37% year-on-year and by 49% month-on-month in the first 12 days of March, while real estate agents are reporting price reductions of up to 15%. For example, a property near the Burj Khalifa is being offered with a 12% discount, and an apartment in Palm Jumeirah with 15%. The real estate boom in the UAE, fueled by an influx of wealthy migrants, is now facing fears of a slowdown. The shares of developers, such as Emaar Properties, have dropped by 26% since the beginning of the conflict. Analysts at Goldman Sachs predict a 7% annual decline in property prices between 2026-2028, but some investors continue to seek opportunities in the market, suggesting that activity has not completely halted.