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Dubai’s real estate market may take a hit of 20% in calendar year 2026 due to geopolitical tensions in West Asia but will bounce back strongly on the back of robust fundamentals, said Anis Sajan, the Vice Chairman of Danube Group, one of the United Arab Emirates’ (UAE) largest realty companies. Sajan set aside rumours that property prices have seen a steep decline following the turmoil in the region.
“Yes, sales have taken a hit since tensions broke out in the region. Last year, Dubai’s real estate market grew about 20%. This…