Buyer intent in Dubai’s property market has stayed remarkably stable since regional conflict upended sentiment earlier this year, even as the expectation of further price declines has begun to fade, according to Property Finder’s bi-monthly Market Pulse survey released on Monday.
Some 66 per cent of active property seekers on the platform said they plan to buy within the next six months, a figure that has barely shifted across four consecutive survey periods: 68 per cent in March, 67 per cent in April, 67 per cent in May, and 66 per cent in June.
The more telling shift is in price expectations. In March and April, 73 per cent and 70 per cent of respondents respectively anticipated prices would fall.
“What we are seeing is a market that is transitioning from initial post-conflict hesitation toward a practical, data-driven buyer strategy. When two-thirds of active property seekers commit to near-term purchase plans, they aren’t just speculative window shoppers, they are high-intent buyers closely tracking physical market indicators. The steady slide in price-drop expectations reveals that consumers are recognizing a realistic floor in the market, supported by the stabilizing price per square foot. Rather than pausing for a steep price correction that has not materialized, serious buyers are moving deliberately to lock down their property choices, showcasing the true maturity and long-term health of Dubai’s real estate ecosystem,” Cherif Sleiman, Chief Revenue Officer at Property Finder said in a statement.
By May that share had dropped to 63 per cent, and by June to 56 per cent, the lowest reading since the conflict began. Over the same period, the proportion expecting prices to rise climbed from 17 per cent in May to 24 per cent in June, while those forecasting stability held at 20 per cent.
Actual transaction data supports the softening mood. The median price per square foot was effectively flat in May and June, at AED 1,335 and AED 1,334 respectively, compared with AED 1,393 in April.
