Dubai property market to find 'nice balance' as 2027 supply wave hits, says Emaar's Alabbar

Emaar founder predicts market balance in 2027 as new supply arrives, rules out discounts Dubai: Dubai property prices could see a more balanced market in 2027 as a wave of new housing supply comes through, Mohamed Alabbar, founder of Emaar Properties, said, while stressing that his company is resisting discounts despite some developers offering price cuts ranging from 20 to 50 per cent. Asked about his outlook for Dubai property prices after a post-war prediction five months ago that values could fall 15 per cent, Alabbar said: “I’m thinking ready for 2027? A lot of supply come in, so it…