Mike
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Mike
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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
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
Mike
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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 IranIRGC 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.
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