AirDXB at Gulf Business Real Estate Summit: Is Dubai Real Estate Correction Imminent

AirDXB founder and CEO Gregory Lewis took to the stage not once but twice at the Gulf Business Real Estate Summit.

First, Gregory shared insights and analysis on the timely question “Is a Dubai real estate correction imminent?” Later, he returned to accept the award for Gulf Business Short Let and Hospitality Innovation.

Below you will find the key points Gregory highlighted, along with their sources.

For a deeper look into this topic, explore our Big Short series, where we examine the forces shaping the Dubai real estate market. Since its launch, The Big Short series has sought to bring clarity to a market where headlines do not always reflect the full picture. Our aim has always been to offer transparent analysis supported by data and to encourage open, informed discussion within the Dubai real estate community.

Total Sales Value Decline Reported by Allsopp & Allsopp October 2025 YOY and Q3 2025 QOQ

View Allsopp & Allsopp October Report

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View Allsopp & Allsopp Q3 Report

Resale Market: Decline in Volume

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Resale Market: Transaction Duplication

‍Total Resale Value (Jan–Oct): AED 220.7B

• Gifts: AED 20.3B (33.5% of all resale transactions)

• Mortgages: Also 33.5% of all resale transactions

Of the mortgage portion:

• 16.3% are new mortgages
• 9.2% are refinanced mortgages

Actual Sales: 57.3% of AED220.7B = AED 126.46B

View REIDIN report

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Long Term Rental Yield

Dubai Property Market Enters a Phase of Selective Growth According to Khaleej Times & Betterhomes

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Launches and Handovers Snowball to Highest in 5 Years

As the market continues to evolve, what matters most is clear information and open conversation. Through events such as the Gulf Business Real Estate Summit we remain committed to offering straightforward analysis supported by reliable data, helping the Dubai real estate community understand the shifts shaping the landscape and make confident, well informed decisions.