Is there an oversupply of property in Dubai?

Concerns are seen as overstated for 2026 but real for 2027. Knight Frank says prime and family homes stay undersupplied, while risk concentrates in high-density apartment areas like JVC and Business Bay. Roughly 70,000-plus units are forecast for 2027 handover, well above the approximately 35,000 five-year average, making absorption - not a glut - the key watch-point.