Will Dubai property prices crash in 2026?

A full crash is considered unlikely by most analysts; the base case is moderation, not collapse. Fitch flagged a possible 10-15% correction in some segments as supply rises, and off-plan secondary values reportedly softened around 9% in Q1 2026. Prime villas and waterfront homes have stayed resilient, so any weakness is expected to be segment-specific rather than market-wide.