REAL TEST

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...