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Residents cash in on Dubai real estate cooldown

Residents cash in on Dubai real estate cooldown

AFP· ·3 min read · 0 reactions · 0 comments · 26 views
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His new apartment is larger and closer to work than his previous resident, but the rent is nonetheless 15 per cent cheaper, he said, using a pseudonym due to Dubai’s sensitivity on the matter. When he arrived in Dubai last year, “it was really difficult to get a place in this area and the rents had gone up by a lot”, said the 35-year-old, who works in the media sector. Dubai’s property market — a pillar of its economy — has soared in recent years, buoyed by the arrival of international high-net-worth individuals attracted by the glamorous lifestyle on offer in the emirate.

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Original publisherDawn
Canonical URLhttps://www.dawn.com/news/2018666/residents-cash-in-on-dubai-real-estate-cooldown
Publication timeMon, 27 Jul 2026 07:45:34 +0500
Retrieval time2026-07-27T02:48:42.886Z
Last seen2026-07-27T02:48:44.741Z
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Ranking reasonStory pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking.
Publisher visitYes — open original
Substitutes article?No — link-out required for full text

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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

Residents cash in on Dubai real estate cooldown AFP Published July 27, 2026 Email Your Name*Recipient Email*Cancel 0 The empty Sheikh Zayed Road is made ready for the early morning start of the “Dubai Run 2025” as part of the 9th Edition of Dubai Fitness Challenge, in Dubai on November 23, 2025. — AFP Listen to article 1x 1.2x 1.5x comments Join our Whatsapp Channel Add Dawn as a trusted source DUBAI: Just over a year after moving to Dubai, Steve found himself moving unexpectedly up the property ladder, taking advantage of a cooling real estate market amid the Middle East war. His new apartment is larger and closer to work than his previous resident, but the rent is nonetheless 15 per cent cheaper, he said, using a pseudonym due to Dubai’s sensitivity on the matter.

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