The Dubai property market remains resilient despite ongoing geopolitical tensions in the region, according to Mohamed Alabbar, founder and CEO of Emaar Properties.
Speaking in a recent interview with CNBC, the Emirati real estate mogul said he has no concerns about the long-term outlook of Dubai’s real estate sector—even as a significant wave of new property supply is expected to enter the market in 2026 and 2027.
“We are not here for the short run. We are here for a long, long time to do business,” Alabbar said, emphasizing that Dubai’s property market is built on long-term vision rather than speculative cycles.
Long-Term Planning Over Short-Term Speculation
Alabbar explained that new supply entering the market in the coming years should not be viewed as a risk but as a natural result of a market designed around decade-long development ambitions.
While he acknowledged the possibility of a brief cooling period, he expressed confidence that the sector would continue to thrive.
The UAE real estate market has exp
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