Dubai: While the US-Iran fragile interim peace deal has lifted sentiment in Dubai's property market, Indian buyers, who have been among the largest investor groups in the emirate in recent years, are returning cautiously.According to property consultants, enquiries from Indians remain below the pre-war levels, with demand increasingly shifting towards smaller-ticket transactions and higher rental yield- and cash flow-focused investment.Also read: Missiles over Dubai rattle the Gulf’s billion-dollar money machiBesides, Foreign Currency Non-Resident (Bank) deposits offering returns of up to 7% are emerging as a competing investment avenue and are expected to draw a portion of non-resident Indian (NRI) capital away from Dubai real estate, given a relatively risk-free alternative amid lingering uncertainty, industry experts noted."There are about 10-15% fewer enquiries from Indian buyers than before the war... Dubai was in a sentiment pause, but a permanent peace deal, if it holds, can act as a badly needed circuit breaker to restart stalled decisions," said Anuj Kejriwal, CEO-EMEA, ANAROCK Group.Enquiry data indicates that the transaction ticket size 'sweet spot' for Indians has fallen to about AED 1.2-1.5 million from over AED 2 million pre-war due to low risk appetite.ET Bureau
Indian buyers return cautiously to Dubai realty market after US-Iran deal, ticket sizes fall - The Economic Times
Indian property investors are returning to Dubai cautiously, with inquiries down and a shift towards smaller, rental-yield focused investments. While the interim peace deal offers optimism, competing high-return, low-risk bank deposits are drawing some NRI capital. Buyers are now seeking properties around AED 1.5 million, prioritizing clear rental logic over luxury assets, indicating a bargain-hunting approach amid lingering uncertainty.
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