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Dubai property market steady, no sign of distress sales

Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema·Gulf News Report·29 days ago
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Dubai: Dubai’s real estate market continues to show resilience, with little sign of the distressed deals many had expected to emerge. Recent data from leading property platforms highlights a shift in buyer behaviour, with more deliberate decision-making and careful comparisons. However, demand remains strong, with high levels of engagement and serious buyers continuing to move toward transactions. Industry experts say this signals a maturing market rather than the beginning of a downturn. “We are seeing a clear evolution in how buyers approach decisions,” said Luke Remington, Managing Director at haus & haus. “There’s more analysis, more comparison, and more negotiation but not the kind driven by distress. Buyers want fair value, not fire sales.” Villa demand Demand for villas remains particularly strong in sought-after communities such as Dubai Hills Estate, Palm Jumeirah and Arabian Ranches, where supply continues to lag.…

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