Dubai’s residential property market is cooling after a five-year rally as buyers become more price-sensitive, negotiate harder and shift toward smaller, lower-cost homes amid higher supply and geopolitical uncertainty. While prices remain higher year-on-year, they have softened quarterly, with annual growth slowing sharply from 17–18% in 2024 to around 4–5%.

Dubai’s residential property market is cooling after a five-year rally as buyers become more price-sensitive, negotiate harder and shift toward smaller, lower-cost homes amid…

An era of exceptional gains seems to be coming to an end in a market recalibration