Dubai’s residential market saw a temporary slowdown in March, driven by regional geopolitical tensions and seasonal factors including Ramadan and Eid. While transaction volumes declined, there was no significant shift in underlying market fundamentals.
New listings fell 49% year-on-year, reflecting continued seller confidence, while price adjustments remained limited – signaling a recalibration rather than a correction. The rental market stayed resilient, with villa and townhouse rents rising 20% year-on-year and apartments up 7%, supported by strong demand for quality, well-located properties.
Meanwhile, the off-plan sector continued to perform strongly, with transaction values reaching AED 23.21B, up 22% year-on-year, highlighting sustained investor confidence.
Overall, March represents a pause in activity, not a downturn, with the market remaining fundamentally robust. Read the full March 2026 report for deeper insight into the market here.
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