No Concern over Dubai Property Market, Emaar Founder Alabbar Says

Why It Matters

Alabbar’s confidence signals that Dubai’s real‑estate sector can absorb geopolitical shocks, encouraging sustained capital inflows and reinforcing the emirate’s status as a premier global investment hub.

Key Takeaways

• Dubai's real estate grew 70% in 2023, 40% in 2024.
• Founder sees no 15% correction; market remains resilient.
• New supply expected 2026‑27 will cool prices, not crash.
• Property prices benchmarked favorably against global markets in comparison.
• Stable policies and safety attract long‑term capital to UAE.

Summary

The video features Emaar founder Mohamed Alabbar reassuring investors that Dubai’s property market remains sound despite recent regional tensions. He emphasizes the city’s reputation as a global safe‑haven, underpinned by decades of consistent policy, robust infrastructure, and a strong safety record. Alabbar cites staggering growth figures – a 70% surge in real‑estate activity in 2023 followed by 40% gains in both 2024 and the projected 2025 – and dismisses analyst forecasts of a 15% price correction as unrealistic. He points to the UAE’s disciplined banking system, strict regulations, and proactive COVID‑era policies that have sustained confidence among capital flows. Notable moments include Alabbar’s personal anecdote of searching for a sea‑view apartment without encountering price discounts, his reference to upcoming supply pipelines slated for 2026‑27, and his assertion that current rental and sale prices already compare favorably to global benchmarks. He stresses that while new inventory will temper price spikes, it will not trigger a market collapse. The implication for investors is clear: Dubai’s real‑estate sector is expected to remain stable, with modest adjustments rather than sharp declines. The combination of policy stability, safety assurances, and long‑term planning signals continued attractiveness for both institutional and private capital seeking exposure to a resilient, high‑growth market.

Original Description

Emaar Properties Founder Mohamed Alabbar tells CNBC's Dan Murphy he's "not concerned" about Dubai's property market following Iranian strikes on the city.