Dubai

COMMENTARY

The end of Dubai? After the war, the UAE faces a hard road back to its shining past

Not just energy flows, but business confidence also needs to return – and that will take time

Emaar’s portfolio includes some of Dubai’s best-known developments, including the Burj Khalifa, Dubai Mall and large master-planned communities across the emirate. 

Dubai ruler tightens grip on Emaar in US$6.5 billion reshuffle

Dubai Holding acquires a 22.27% stake in the city’s biggest developer from the Investment Corporation of Dubai

Brookfield Asset Management is setting up a property venture in Dubai in a bold bet on the city’s real estate market.

Dubai’s bankers, traders return as Iran war risks continue to loom over city

The city faces an uneasy balancing act as it tries to restore confidence while living with the possibility that the conflict could flare up again

Dubai home values have started to drop for the first time since the global pandemic.

Brookfield bets on Dubai real estate, defying war concerns

Its JV with consumer giant Alshaya will develop a 480,000-square-foot mixed-use project in the upscale Dubai Hills neighbourhood

Dubai’s main airport is looking at scaling up operations after the United Arab Emirates lifted restrictions on travel to the country.

Dubai airport passenger traffic drops 66% in March on Iran war

The development of the emirate’s Dubai World Central airport continues to progress

Dubai has assembled a powerful formula for attracting wealth, but the ongoing Gulf conflict has put geopolitical risk back at the centre of investors' minds.
THE BROAD VIEW

As war unsettles the Gulf, wealthy families reassess where to place capital and relocate

The UAE has long drawn mobile wealth and global talent, but investors may now be considering Singapore and Hong Kong

The number of residential transactions dropped to about 13,000 in March, from nearly 16,000 the previous month. 

Dubai home prices drop for first time since post-pandemic boom

Fall in March is an indication of the Iran war’s immediate impact on real estate in the city

The bonds are issued by entities linked to Dubai-based Binghatti Holding and Omniyat Holdings, with a 2027 issue from Binghatti coming in as the most distressed.

Six Dubai real estate bonds fall into distress as war rolls on

They represent about 15% of US dollar real estate bonds in the Middle East