Dubai’s property market put to test in missile barrage from Iran
The sell-off comes as analysts had already warned that a pipeline of new housing supply expected by 2028 could outpace population growth
Stringer/Anadolu via Getty Images
Dubai International Financial Centre
The UAE’s years-long property rally faces its first major test after Iranian missile strikes unsettled investors, sending shares in developers such as Aldar Properties and Emaar Properties down almost 5%.
The sell-off comes as analysts had already warned...