Dubai Home Buyers Show Confidence Amid Price Stability

Dubai Home Buyers Show Confidence Amid Price Stability

By Khaleejtimes • 94 days ago

Summary:

A recent Property Finder Market Pulse survey reveals that 66% of active property seekers in Dubai plan to buy a home within six months, reflecting strong buyer confidence despite geopolitical uncertainties. Expectations of falling prices have decreased significantly, with only 56% anticipating declines in June, down from 70% in April, while 24% expect prices to rise. The median price per square foot remained stable at Dh1,334 in June. Cherif Sleiman of Property Finder noted a shift toward a data-driven buying strategy, indicating a maturing market as buyers recognize a realistic price floor.

Source: Khaleejtimes

Author: Alyaa Aldhanhani

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