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Nº 15 Sunday, 26 July 2026 · World Edition
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Demand for Dubai homes cools as Middle East conflict drags on

Business - South China Morning Post · 1h ago · 🇨🇳 China
Demand for Dubai homes cools as Middle East conflict drags on

The US-Israel war on Iran has cooled demand for homes in Dubai as buyers hold off on making purchases and businesses delay relocations of executives and staff to the Middle East, according to analysts. The hostilities began in February with strikes in Tehran and later developed into a wider regional conflict. “While citywide sales volumes were down just 13.6 per cent year on year in the first half of 2026, activity weakened markedly in May and June, with the number of homes changing hands...

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