Midden-Oosten

Real estate in Dubai may lose up to 70% of its value by 2026

The real estate market index has already fallen by 20%, wiping out all price increases from 2025.

Potential buyers are unwilling to invest in assets that could lose another 30-50% of their value in the coming months.

In the case of a prolonged conflict in the Middle East, property prices in Dubai could drop by 50% by the summer of 2026, and if the war continues, the decline could reach 60-70%.

Dubai has already nearly emptied. Many investors from East Asia have moved their capital to Singapore and Hong Kong, while Europeans and Russians have started seeking refuge in Turkey, Thailand, and Cyprus.

Escorts and info-peddlers, who once filled the city, have also left. Without them, demand for luxury real estate and services has fallen.

Investors have started offloading assets at reduced prices. Geopolitical tensions, missile threats, and the closure of the Strait of Hormuz have turned Dubai into a risk zone.

Even if the war ends quickly, Dubai will not return to its former levels.

Its geographic location near Iran and Saudi Arabia has become vulnerable. The illusion of stability has been shattered.



Mike
 
⚡🇸🇦🇦🇪JUST IN: IRGC Denies Role in Drone Attacks on Riyadh and Eastern Saudi Arabia, the attack came from UAE.

🔴IRGC: The attack on Riyadh and Sharqiya is not related to Iran

IRGC Public Relations: Saudi Arabia has announced that Riyadh and Sharqiya were attacked by 10 drones and they were destroyed.

This attack has no connection to the Islamic Republic of Iran, and the Saudi government should seek to identify the origin of the attacks.

🔴FarsNews citing a source:

The origin of the drone attacks on Riyadh and Eastern Saudi Arabia is the UAE.

The IRGC public relations announced a few minutes ago that the drone attacks on these two points in Saudi Arabia have no connection to Iran.



Mike
 
⚡🇦🇪JUST IN:

Fires erupts in Dubai, UAE, following a drone strikes. x.com/WarMonitors/st…

Dubai Media office Team says “teams have successfully contained the fire resulting from impact to one of the fuel tanks in the vicinity of Dubai International Airport. No injuries have been reported.”

They also announced “the temporary suspension of flights at Dubai International Airport as a precautionary measure”



Mike
 




🚨BREAKING: Qatar Declares Iranian Embassy Military, Security Attaches "Persona Non Grata".

Qatar’s FM has declared Iranian military and security attaché staff in Doha persona non grata, ordering them to leave within 24 hours following Iran’s attack on Ras Laffan Industrial City.



Mike
 
🚨🇸🇦BREAKING:

Drones and missiles were targeting Prince Sultan airbase and areas in Riyadh, Suadi Arabia.

Saudi Arabia Defense Ministry claims 4 ballistic missiles targeting Riyadh were intercepted, with debris falling but no damage or casualties.

It added that two drones were also intercepted one near a gas facility in the Eastern Province and another in Al-Kharj, with no damage reported.

While footage shows impact.



Mike
 
🚨JUST IN:

Israel struck Iran’s South Pars gas field, a key pillar of its energy supply.

In response, Tasnim News shared an urgent warning reportedly from IRGC urging evacuation of major oil and gas sites in Saudi Arabia, the UAE, and Qatar, including SAMREF, Al-Hosn, Al-Jubail, Mesaieed, and Ras Laffan, calling them “legitimate targets” that could be hit within hours.



Mike
 

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