Dubai property market holds firm as enquiry levels fall 45%: betterhomes

Louis Harding, chief executive of betterhomes, said the current environment reflects a period of consideration rather than a withdrawal from the market

Staff Writer
Dubai real estate
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Article summary

AI Generated

Dubai's property market sees continued activity despite a 45% drop in enquiries. Betterhomes reports consistent digital engagement, suggesting buyers and sellers are closely monitoring the market before committing. CEO Louis Harding states this is a period of consideration, not withdrawal, with clients seeking reassurance and clarity.

Key points

  • Dubai property enquiry levels are 45% below normal, but digital engagement is consistent.
  • Buyers and sellers are observing the market, indicating consideration, not withdrawal.
  • Betterhomes offers reassurance and clarity to clients navigating market uncertainty.

Dubai‘s property market is continuing to see activity from buyers, sellers, tenants and landlords, even as enquiry levels fall sharply below normal, according to leading brokerage betterhomes.

The firm says overall enquiry levels are currently around 45 per cent below typical levels, yet engagement across its digital platforms has remained broadly consistent with a normal trading environment – a signal, it argues, that many people are following the market closely before committing.

Buyers and sellers watch Dubai market closely as enquiry levels drop, says betterhomes CEO

Louis Harding, chief executive of betterhomes, said the current environment reflects a period of consideration rather than a withdrawal from the market.

“Dubai has navigated many global events and market cycles over the past four decades. We’re seeing people understandably take more time before making decisions, but the interest is still there. Buyers, sellers, tenants, and landlords are watching the market closely and considering their next steps,” Harding said in a statement.

Harding said that in periods of uncertainty, clients often need clarity and reassurance above all else.

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“At times like these, what people often need most is reassurance and clarity. Our role is to help clients understand what’s happening in the market and what their options are,” Harding added.

Betterhomes confirmed its teams remain fully operational and are continuing to support buyers, sellers, landlords and tenants across Dubai.