Dubai housing market stays resilient amid Middle East tensions; H1 residential deals touch AED 226 billion: ANAROCK

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AI summary

Dubai's residential real estate market showed resilience in H1 2026 with deals touching AED 226 billion, up 15% over 2024 levels, according to ANAROCK. Despite the DFM Real Estate Index plunging 34% during March-April amid Iran conflict tensions, residential prices declined only 4-7%, with the correction described as sentiment-driven rather than structural. Average prices stood at nearly AED 1,900 per sq. ft., reflecting about 6% annual appreciation, while Indians remained the largest buyer demographic at 22% share.