India, March 3 -- If macroeconomic and geopolitical uncertainty persists for another 4-8 weeks, but local employment, credit availability, and flight connectivity remain strong, it is reasonable to expect that 60-80% of Dubai real estate deals currently on hold may close next quarter, albeit some with re-pricing or restructuring, Morgan Owen, managing director, Middle East and North Africa at ANAROCK Group, told Hindustan Times Real Estate.

Owen said that Indians are among the largest buyer groups in Dubai's real estate market, accounting for around 10% of property sales in 2025, and that if perceptions of regional risk continue to rise, a 'small but meaningful' shift of capital from Dubai to India could occur.

"Dubai's slowdowns during...