Mohamed Alabbar, founder of Emaar Properties, has said Dubai's property market is heading towards a more balanced state in 2027 as new supply comes through. He confirmed Emaar will continue its policy of maintaining strong pricing without discounts.
September 09, 2026 | Tripti Mehta | UAE | Real Estate | 2 Min Read
Image Courtesy: Forbes Middle East
Mohamed Alabbar, founder of Emaar Properties, has said Dubai's property market is set to reach a more balanced state in 2027 as a significant wave of new housing supply enters the market. Speaking at the AIM Congress, he reaffirmed that Emaar will continue its approach of maintaining pricing strength rather than offering discounts.
Asked about his outlook for prices heading into next year, Alabbar pointed to the significant new supply expected in 2027 as a key factor that would bring the market into better balance.
He noted that some price adjustment could be expected given current regional conditions, while pointing to Emaar's continued strong financial position as a source of stability. Alabbar added that Emaar's large development pipeline has given the company useful visibility into market conditions, with the group progressing close to 50,000 units under construction in the UAE as part of a wider portfolio of 90,000 homes across around 18 countries.
He also pointed to sustained customer confidence in the market, noting that payment behaviour among buyers had remained strong. "Our customers really trust this land. They trust the government here. They really trust what we do," he said.
Alabbar reiterated the importance of housing affordability to Dubai's long-term growth, and encouraged investors with strong balance sheets to view the current period as one of opportunity. "This is the time that you should look at opportunities if you don't have a lot of debt, if you reserve cash. This is the time to look at the region as a whole," he said.
He also spoke about the growing role of Artificial Intelligence across Emaar's operations, saying the technology has significantly accelerated processes such as master planning and feasibility studies. "We do master plans in four hours. We used to do master plans in nine months. We do feasibility in like four minutes. We used to do feasibility in three months," he said, adding that all employees are encouraged to adopt AI tools across their work.
Alabbar's comments point to a developer confident in its fundamentals even as the wider market adjusts to new supply. With strong cash reserves, low debt and steady buyer trust underpinning its position, Emaar's approach signals continuity and discipline as Dubai's property market moves towards a more balanced, mature phase in the years ahead.
Source: Gulf News, Khaleej Times
