Residents cash in on Dubai real estate cooldown

Dubai's real estate market has cooled amid the Middle East war, with residents securing cheaper rents and a shift to a buyer's market. Prices have dropped 5-20% in mainstream areas, while luxury sales fell 45% year-on-year in Q2 2026. Despite this, developers like Emaar and Binghatti have announced major projects, indicating some confidence in the market's recovery.