Property Price Drop Anticipated by Buyers

A recent Property Finder survey reveals shifting expectations among potential Dubai property buyers. A significant 44% anticipate a price decrease in the coming weeks, a notable increase from the 37% who held this view in May. Conversely, 26% expect prices to remain stable, while 30% still believe prices will rise. This evolving sentiment suggests a growing belief that recent price increases are moderating, reflecting a more considered approach from buyers.

Despite these shifting price expectations, buyer activity remains robust. The survey indicates that 69% of respondents maintained their intention to purchase property within six months, mirroring the 72% reported in May. This consistent demand underscores the continued appeal of the Dubai property market.

This shift in buyer sentiment, with a larger portion anticipating price drops, suggests a more mature and considered view among potential buyers as the market continues to evolve. This could lead to more strategic purchasing decisions as buyers navigate the changing landscape.