Property Market in Dubai: Listings Increase, Prices Stable

Dubai's property market is experiencing a period of stability despite recent global tensions, with prices holding steady. Landlords are largely refraining from selling, as indicated by data showing approximately 85% are not considering it. This reflects confidence in Dubai's long-term strengths. While there's no widespread panic selling, the market is adapting, with buyers and tenants becoming more selective in their decisions.

A notable shift is occurring in buyer behavior, with a preference for off-plan transactions, which now constitute the majority of deals. This indicates a mix of continued confidence and a pragmatic view of the near-term rental environment. Current rental conditions are influencing decisions, with some buyers choosing to delay exposure to the immediate rental market. This trend is driving demand towards projects with handovers from 2027 onwards.

The short-term rental market is facing pressure, with declining occupancy and daily rates. Approximately 5% of landlords in this segment are considering discounted sales. While prices remain stable, the pace of transactions is adjusting. The market is witnessing a slowdown in transaction velocity, softer inquiry levels, and longer decision cycles.

The market is becoming more asset-specific, with landlords focusing on how their units compare to nearby options. Location and tenant profile are playing a larger role. Investor-heavy communities are more sensitive to changes in sentiment, while prime luxury assets are showing stronger resilience. The overall trend suggests a market that is becoming more selective, with buyers being more deliberate, tenants more cautious, and landlords focusing on asset competitiveness.