Page 87 - UP PR REPORT - JANUARY 2026
P. 87

Dubai Property CEO expects supply of new homes to


               moderate


               Dubai property prices have had one of their best streaks in decades






















               Published Wed, Jan 7, 2026 · 02:38 PM


               [ABU DHABI] The chief executive officer of Dubai’s Union Properties expects surging construction

               and land costs to put the brakes on the supply of new homes in the emirate’s booming real-estate
               market.


               “The market is going to regulate itself over the coming two years, just by the inflation and

               construction costs and inflation in land value,” said Amer Khansaheb, CEO of Union Properties, a
               small publicly traded developer in the emirate that has seen its stock surge over the past two years.

               “This should be good for investors because as supply comes down a bit, it will regulate the
               demand.”


               Dubai property prices have had one of their best streaks in decades. Home prices surged more

               than 75 per cent since the end of November 2020, according to Knight Frank.
               https://www.businesstimes.com.sg/property/dubai-property-ceo-expects-supply-new-homes-
               moderate?ref=pulse
   82   83   84   85   86   87   88   89   90   91   92