Recent data has shown that the behavior of potential buyers is one of the most significant early indicators of recovery in the UAE’s real estate market.
The data revealed that during the peak of the slowdown, property listing platforms recorded a decline in user activity from people searching to purchase real estate by nearly 47% compared to normal levels. However, the latest figures show that more than 80% of the usual buyer activity returned within a very short period of just nine days, reflecting how quickly the market regained its momentum.
Regarding property advertisements, their visibility rates recorded a noticeable recovery exceeding four-fifths of normal levels, along with a gradual increase in the number of views and inquiries from buyers during the recovery period. When comparing the market’s performance with the same period last year, indicators show that engagement levels remain close to their historical averages.
The report explained that periods of uncertainty typically lead to a temporary slowdown in economic activity as companies and consumers reassess their priorities and adopt a more cautious approach to decision-making. However, the strength of any market is demonstrated by its ability to respond quickly to these changes and adapt effectively.
The report added that real estate selling prices, whether for new developments or ready properties, have continued to move within their normal trajectories, while rental prices have remained stable for both short-term and long-term lease contracts.
