#dubai-developers

The Oppenheim Group's December Dubai debut, a structural shift from flippers to owner-occupiers, and steady August pricing data together paint a more considered portrait of the emirate's property market.

As off-plan deals account for 71% of Dubai home sales and developer sales collectively reach $23.6bn, the market is entering a more discerning phase. We survey the forces reshaping where and how serious buyers are committing capital.

Weekly transactions top AED 11.3 billion, Emaar announces a US$55 billion mega-project, and Strait of Hormuz tensions introduce the first material supply-chain risk of the cycle.