UAE Property Market Shows Resilience Amid Regional Uncertainty: Savills
Despite rising supply and regional geopolitical uncertainty, the UAE residential market continues to demonstrate resilience with strong investor interest and demand.
The UAE property market remains resilient, with nearly 45 percent of respondents planning to purchase property within the next 12 months according to a recent survey by Savills Middle East.
The findings come as the UAE navigates a complex environment characterized by rising supply, moderating price expectations, and regional geopolitical uncertainty.
Developers continue to launch large-scale residential projects in Dubai due to population growth, strong investor interest, and the country's global appeal as a business and lifestyle hub.
Moody's forecasted in February that around 180,000 new units will be completed in Dubai from 2026 to 2028, significantly increasing supply which may weigh on demand and slow price growth.
According to Andrew Cummings, Head of Residential Agency at Savills Middle East, while regional developments have introduced caution into the market, demand remains intact.
Buyers are taking more time, becoming selective, and focusing on fundamentals such as location, quality, and long-term value.
The survey revealed that less than 4 percent of existing property owners are considering selling, supporting prices across multiple segments.
There is stronger demand for completed properties over off-plan units due to a growing preference for certainty around delivery timelines, pricing, and immediate occupancy.
Around 60 percent of respondents favor ready properties compared to approximately 23 percent who prefer off-plan assets.
More than 80 percent of respondents anticipate prices to either stabilize or decline over the next 12 months, leading to longer deal cycles, more negotiation, and a selective buyer approach, particularly in the apartment segment where supply is seen as more abundant.
Supply remains a key concern among respondents, with over 60 percent stating that a significant number of new units are entering the market.
Apartments are expected to be more exposed to this pipeline due to higher availability, while villas and townhouses are likely to remain relatively more resilient.
The findings come as the UAE navigates a complex environment characterized by rising supply, moderating price expectations, and regional geopolitical uncertainty.
Developers continue to launch large-scale residential projects in Dubai due to population growth, strong investor interest, and the country's global appeal as a business and lifestyle hub.
Moody's forecasted in February that around 180,000 new units will be completed in Dubai from 2026 to 2028, significantly increasing supply which may weigh on demand and slow price growth.
According to Andrew Cummings, Head of Residential Agency at Savills Middle East, while regional developments have introduced caution into the market, demand remains intact.
Buyers are taking more time, becoming selective, and focusing on fundamentals such as location, quality, and long-term value.
The survey revealed that less than 4 percent of existing property owners are considering selling, supporting prices across multiple segments.
There is stronger demand for completed properties over off-plan units due to a growing preference for certainty around delivery timelines, pricing, and immediate occupancy.
Around 60 percent of respondents favor ready properties compared to approximately 23 percent who prefer off-plan assets.
More than 80 percent of respondents anticipate prices to either stabilize or decline over the next 12 months, leading to longer deal cycles, more negotiation, and a selective buyer approach, particularly in the apartment segment where supply is seen as more abundant.
Supply remains a key concern among respondents, with over 60 percent stating that a significant number of new units are entering the market.
Apartments are expected to be more exposed to this pipeline due to higher availability, while villas and townhouses are likely to remain relatively more resilient.
