Dubai real estate shows early weakness as conflict hits transactions and sparks discount hunting

Deals are down sharply, but discounts are appearing

Dubai’s property market is showing early signs of strain as the US-Israeli war on Iran rattles sentiment. Transaction volumes have fallen, with some sellers listing properties at discounts. Analysts expect a slowdown and possible price declines, though activity hasn’t stopped entirely—investors are still hunting distressed deals. Developers, meanwhile, are leaning on long-term value.