ChainThink report, on March 10, due to escalating regional conflicts prompting a more cautious investor sentiment, the Dubai Financial Market Real Estate Index declined by approximately 20% over the past five trading days. This sharp drop erased all gains achieved by the index in 2025.

Just prior to the intensification of Iran-related geopolitical tensions, the index reached its peak of 16,910.3 on February 27.

Earlier this year, the index rose by around 15%, continuing a multi-year upward trend (up 63% in 2024, up 38% in 2023), reflecting strong investor interest in Dubai’s real estate market. According to real estate consultancy Anarock, Dubai’s real estate transaction value could reach nearly 917 billion AED in 2025, equivalent to $25 billion—marking the highest transaction volume in the city’s history, with total transactions exceeding 270,000 throughout the year.