Dubai index plunges 30%
The Dubai real‑estate index has plunged about 30% in recent weeks, hitting a one‑year low as investors reel from war‑linked volatility and Iranian strikes that dented confidence and bond prices AA report and analysts warn real‑estate bonds are under stress Times of India coverage.
The Dubai Financial Market Real Estate Index hit a peak of 16,910.3 on Feb. 27 and traded down to roughly 11,500 by March 14, according to exchange-tracking data and local coverage. msn.com UAE bourses were suspended for two trading days after Iranian missile and drone strikes, and when markets reopened on March 4 Dubai’s main index plunged 4.7% while listed developers including Emaar and Aldar fell about 5% that session. cnbc.com Secondary-market bond prices for UAE developers have tumbled — several reports put sector bond losses at roughly 10 price points as yields widened — a move Bloomberg said could “threaten to stall” the recent borrowing binge. agbi.com Market-watchers say the primary debt pipeline has effectively shut: Dealogic data and industry reporting show new real-estate issuance in the UAE has been paused as investors and banks step back. ionanalytics.com The sell-off has been lopsided — Emaar, Dubai’s bellwether, was down close to 29% month‑to‑date while the Dubai Financial Market overall slipped around 15% in early March, driving the real‑estate index to its lowest levels since April 2025. agbi.com Research comments from firms including Knight Frank and ANAROCK note the moves so far are a sentiment shock that has slowed transactions and tightened refinancing windows, with analysts saying structural demand may hold but funding stress will persist until regional risk recedes. invezz.com
