{"id":99578,"date":"2025-01-13T00:00:00","date_gmt":"2025-01-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/raising-dubai-property-prices-too-much-could-kill-the-golden-goose-alabbar\/"},"modified":"2025-01-13T00:00:00","modified_gmt":"2025-01-13T00:00:00","slug":"raising-dubai-property-prices-too-much-could-kill-the-golden-goose-alabbar","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/01\/13\/raising-dubai-property-prices-too-much-could-kill-the-golden-goose-alabbar\/","title":{"rendered":"Raising Dubai property prices too much could \u201ckill the golden goose\u201d -Alabbar"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Is Dubai\u2019s property market finally showing signs of a cooldown?<\/strong> Brokers are reporting a dip in property sales in Dubai as prices continue to rise, particularly in the off-plan market, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-12\/dubai-s-world-beating-property-rally-shows-signs-of-strain\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. While demand is still high and the positive outlook for the sector is keeping developers busy with new projects and supply, some are cautioning that prices need to come down from their peak highs to keep demand alive, including Emaar Properties Founder Mohamed Alabbar. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cOur expectations are the market will still do well next year here and globally. <\/strong>There is a positive sentiment for business especially with Trump coming in,\u201d Alabbar said. <strong>But raising prices too much could \u201ckill the golden goose,\u201d he said. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Knight Frank previously forecasted that Dubai\u2019s residential prices will rise by <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/effa129f-34c4-4be5-9b7a-39350354b277\/dubai-home-prices-to-rise-8%2525-next-year--%253cmark%253eknight-frank%253c%2Fmark%253e.\" style=\"\" rel=\"noopener\">8% in 2025<\/a>, down from a 20% surge in 2024, with others forecasting an increase in supply over the next 2-3 years to contribute to market stabilization. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Knight Frank forecasted that residential prices will grow 8% this year, down from double-digit growth last year<\/p>\n","protected":false},"author":1,"featured_media":99579,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1551],"tags":[1267,7,98,41],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-99578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uae-in-the-news","tag-emaar-properties","tag-enterpriseam-uae","tag-real-estate","tag-uae-in-the-news","wpautop","entry"],"acf":{"mongo_id":"42d8b580-5f43-45cf-a4db-8e761e0d4004","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/634.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Raising Dubai property prices too much could \u201ckill the golden goose\u201d -Alabbar","related_issue":[99564],"teaser":"Knight Frank forecasted that residential prices will grow 8% this year, down from double-digit growth last year","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.ccf23418-efa2-4b1c-aee7-3399fd3847a5.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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