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Dubai landlords hold steady as market shows resilience, reveals survey
By Aarna Editorial Team
Dubai’s residential property market has remained stable in the weeks following the regional escalation that began in late February, with most landlords choosing not to sell and no signs of panic-driven listings, according to a new report by Smart Bricks.
Listing data showed the number of unique residential properties on major portals rose gradually from 105,300 on February 20 to 110,800 by March 16, an increase of just over 5 per cent, with no sharp spike immediately after the escalation on February 28, the report said.
In property markets, sudden increases in listings are typically seen as an early indicator of distressed selling. The absence of such a pattern suggests landlords are largely holding their positions despite heightened geopolitical uncertainty.
