Dubai Real Estate Faces Delays Amidst New Middle East Crisis

• Dubai real estate brokers anticipate sales slowdown and deal delays for months due to escalating Middle East tensions involving the US, Israel, and Iran.
• Iran targeted US military bases in GCC countries, including the UAE, leading to intercepted missiles and some impact in areas like Abu Dhabi.
• Dubai's market saw record sales in 2025, driven by luxury properties and investments from Indian, Russian, Ukrainian, Pakistani, and Afghan nationals.
• Despite local calm, a building at Palm Jumeirah was hit, causing four injuries; Burj Khalifa was evacuated as a precaution.
• Brokers expect stable prices but a slowdown in transactions, with potential impact from airport closures affecting investor sentiment.