Published
5 July 2026
Reading time
13 minutes
What we track
Off-plan exposure, Supply pipeline 2026–2027, Prime vs. mass market, Investor psychology
Why record markets are most dangerous when they look strongest
Dubai closed 2025 with more than 200,000 residential transactions and over AED 540 billion in sales value. This essay reads those numbers against the 2026–2027 delivery wave, the dominance of off-plan activity and the first visible signs of cooling demand.
The question is not whether Dubai crashes. It is which parts of the market are priced for perfection, and which have enough real tenants, incomes and long-term demand to absorb what is coming.
The Majlis Newsletter
Analysis for the next generation of investors and developers. Each letter examines the economics behind a market, a project or a pipeline.