Dubai‘s property market is showing signs of positive sentiment, with buyer enquiries rising 38 per cent week-on-week following a period of softer activity, according to data from brokerage betterhomes.
The figures point to buyers taking a considered approach to purchasing decisions rather than withdrawing from the market. Louis Harding, CEO of betterhomes, said the data reflects a market that continues to function despite a shift in the pace of decision-making.
“Even in a more cautious environment, the market is still moving. What we’re seeing is buyers and sellers taking a more measured approach to decision-making, but the underlying interest in Dubai property remains strong,” Harding said.
Dubai real estate market shows resilience as enquiries, viewings rise
Viewings and transactions are continuing across a range of communities. Much of the activity is being driven by buyers already based in Dubai and those with a focus on longer-term property ownership, betterhomes said.
The supply of new properties on the market remains broadly in line with levels recorded at the same point last year, which the brokerage said reflects ongoing participation from sellers.
Online engagement figures also indicate sustained interest from long-term buyers. Website search traffic increased 14 per cent week-on-week, despite recording a dip the previous month.
Betterhomes said the combination of rising enquiries, continued viewings, and an uptick in web traffic suggests the market is holding steady rather than contracting.
Harding pointed to the market’s record over the past four decades as a basis for confidence during the current period of uncertainty.
“With more than 40 years in the market, we’ve seen the property sector navigate many global events and cycles. The key for both buyers and sellers is to take a measured view, consider their options carefully, and make decisions that align with their longer-term plans,” he said.
