Emaar Properties chairman Mohamed Alabbar has said monthly property cancellations, which doubled to around 1,200 during the recent regional conflict, have now fallen back to fewer than 600 a month, a sign he described as clear evidence of renewed buyer confidence in Dubai's real estate market.
"We are still collecting exactly like before. That shows you customer confidence," Alabbar said, pointing to the company's steady collection performance even through the period of regional tension. Emaar typically sells around 4,000 units a month, and its current sales backlog stands at roughly Dh180 billion. The developer's revenue backlog had reached Dh127.7 billion as of the end of June 2026, an 8 per cent increase compared with the first half of 2025.
Alabbar also said the company's hospitality operations are running more than 60 per cent above previous levels. He reiterated Emaar's long-standing no-discount policy, arguing that pricing stability protects brand value and long-term customer trust. "The only sustainable thing in life is your name, your family name and your reputation," he said.
On technology, Alabbar said developers that adapt to artificial intelligence tools will operate faster, smarter and at lower cost. His comments come as Dubai's property market works through a short period of uncertainty triggered by regional tensions, with recent figures pointing to a gradual return to more normal trading conditions across the emirate's real estate sector.