Dubai realty takes 14% hit as conflict spooks buyers but prices resist further fall

Enquiries are up after ceasefire, but deals

Real estate transactions in Dubai dropped 14% in early April as West Asia conflict dented buyer sentiment and sharply cooled rental demand. Some smaller developers countered with discounts and more flexible payment plans, while prices largely held steady. After a ceasefire, enquiries reportedly improved, but experts warn deals may take time and prolonged tensions could trigger additional price corrections and slower activity.