Amidst the war in West Asia, Dubai’s residential property market is presenting an interesting picture. The rich people of Asia and Europe (like NRIs or NRIs) are coming forward to fill the space left by the common investors there. The reason is clear, 12-15% discount is available on selected properties. Also, such deals are available in the market, which were not possible a year ago. According to Amit Goenka, CMD of Nisus Finance, new options have opened up in the market due to sellers wanting quick deals. Ayush Puri, CEO of Anarock Channel Partners, says that the number of general investors has definitely decreased, but big players are showing interest in both ready and under-construction projects. At the height of the tensions, Dubai’s DFM real estate index fell 20% in just five days, but long-term investors are considering this as an entry point, not a crisis. Dubai’s real strength lies in its policy framework. Tax-free environment, investor visa, golden visa and 100% foreign ownership – these four features make it a permanent attraction for global investors. According to Ghulam Zia, Senior ED, Knight Frank India, global investors are considering the current price correction as an entry opportunity. Dubai’s tax-free structure and 5-9% net rental income is a big attraction, especially for Indian NRIs. Talking about prices, ‘ValuStrat Home Price Index’ fell 5.9% in March this year, which is the first monthly decline since 2020. Despite this, the prices are at the level of 1,980 dirhams i.e. about Rs 51,300 per square foot, which has increased by 4.59% in 12 months. Sandeep Ahuja, MD, Atmosphere Living, says Dubai being a neutral hub maintains investment interest from a long-term perspective and buyers are in a bargaining position right now. Ayush Puri considers this not a market crash but an adjustment of prices. Ghulam Zia estimates that the market will stabilize rapidly as sentiment improves. Houses worth ₹ 4.6 lakh crore were sold in January-March. In the first quarter of 2026, houses worth 176.7 billion dirhams, or about Rs 4.6 lakh crore, were sold in Dubai through 47,996 deals. This is an increase of 23.4% in value and 5.5% in volume (number) on an annual basis. According to Amit Goenka, due to distressed sellers, such entry options have opened up in the market which were not available a year ago.
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Up to 15% discount on property in Dubai, rich are cashing in: tax-free environment, investor-golden visa; 100% foreign ownership big attractions
