In the first half of 2026, the number of transactions for purchasing apartments in Dubai significantly decreased due to economic uncertainty. The activity was also reduced by Russian investors, who adopted a more wait-and-see position.
In the first half of 2026, there were 50,600 transactions for purchasing real estate in Dubai's primary market, which is a 12% decrease compared to the same period last year.
A similar situation has been observed in the segment of ready-made apartments (secondary market), where the number of transactions decreased by 16% year-on-year, reaching 3,100.
The decline in demand for residential real estate acquisition in Dubai occurred against the backdrop of escalating geopolitical tensions in the region, consultants explain.
At the end of February, the USA and Israel began operations against Iran, after which Tehran started striking at US allies in the Middle East, including the UAE, Qatar, and Saudi Arabia.
From April 8, a ceasefire was in effect between Iran and the USA, which Trump later extended indefinitely.
