India, July 13 -- Dubai's real estate market recorded AED 225.7 billion in housing transactions in H1 2026, down 16.1% from AED 269.1 billion in H1 2025 amid the US-Iran war, according to a report by Anarock Middle East titled 'Dubai Real Estate: Built on Vision. Proven by Numbers.'

Dubai's residential real estate market recorded AED 225.7 billion worth of transactions in H1 2026, down 16.1% from AED 269.1 billion in H1 2025, but 14.7% higher than the AED 196.8 billion recorded in H1 2024, it noted.

The report distinguishes between armed conflicts and economic or financial shocks, noting that geopolitical events have historically had a more limited and shorter-lived impact on Dubai's housing market than global economic downturns.

Durin...