Amidst the war in West Asia, Dubai’s residential property market is presenting an interesting picture. Wealthy individuals from Asia and Europe (such as Non-Resident Indians or NRIs) are stepping forward to fill the gap left by ordinary investors in this market. The reason is clear: discounts of 12-15% are available on select properties. Additionally, deals are available in the market that were not possible a year ago. According to Amit Goenka, CMD of Nisus Finance, new options have opened up in the market due to sellers wanting immediate deals. Anrock Channel Partners’ CEO Ayush Puri says that while the number of ordinary investors has certainly decreased, big players are showing interest in both ready and under-construction projects. At the peak of tensions, Dubai’s DFM Real Estate Index crashed by 20% in just five days, but long-term investors are viewing this not as a crisis but as an entry point. Dubai’s real strength lies in its policy framework. Tax-free environment, investor visa, golden visa and 100% foreign ownership – these four features maintain its permanent attraction for global investors. According to Gulam Zia, Senior ED of Knight Frank India, global investors are viewing the current price correction as an entry opportunity. Especially for Indian NRIs, Dubai’s tax-free structure and 5-9% net rental income is a major attraction. Speaking of prices, the ‘Valuestrat Home Price Index’ fell 5.9% in March this year, which is the first monthly decline since 2020. Despite this, prices are at the level of 1,980 dirhams, approximately 51,300 rupees per square foot, which has increased 4.59% in 12 months. Sandeep Ahuja, MD of Atmosphere Living, says that Dubai being a neutral hub maintains investment interest from a long-term perspective and buyers are currently in a bargaining position. Ayush Puri considers this not a market crash, but a price adjustment. Gulam Zia estimates that once sentiment improves, the market will stabilize quickly. Homes Worth ₹4.6 Lakh Crore Sold in January-March In Dubai, in the first quarter of 2026, homes worth 176.7 billion dirhams, approximately 4.6 lakh crore rupees, were sold through 47,996 deals. This represents a 23.4% increase in value and a 5.5% increase in volume (number) on an annual basis. According to Amit Goenka, due to distressed sellers, there are currently entry options available in the market that were not available a year ago. Post navigation ‘Mobile recharge plan prices may rise by 15%’:Airtel, VI others may again hike tariffs Musk rejects reports attributing his success to govt aid:’US govt’s incentives to SpaceX, Tesla actually helped competitors’, says trillionaire