business ποΈ Dubai property market cooling down fast
City-wide residential sale prices dropped 4% quarter-on-quarter, and average rents fell 6% in Q2 2026. This shift happened as the market moved towards a more balanced phase, following five years of major growth. More than 13,200 homes were completed in Q2, with about 32,000 more units due this year. This moderation is expected to continue due to subdued transactions and rising supply. However, established communities are anticipated to stay relatively resilient. ποΈ