Sabse badi problem ye hai ki supply chain pe bahut pressure aa gaya hai. Middle East mein jo tensions hain, uski wajah se Dubai ke property sector mein cheezein 6 se 9 mahine late ho rahi hain. Ab 2026 mein deliver hone wali 45,000 units mein se kai ab 2027 ya uske baad hi ready hongi. Construction ka kharcha 30% tak badh gaya hai, aur jo materials bahar se aa rahe hain, unki prices 18% se lekar 28% tak badh gayi hain. Shipping bhi slow ho gayi hai kyunki conflict zones ko avoid karne mein transit time badh gaya hai.
Iske alawa, banks bhi loan dene mein zyada careful ho gaye hain. Developers ko loan milna mushkil ho raha hai, especially jo projects abhi shuruati stage mein hain. Fitch Ratings ka kehna hai ki agar conflict lamba chala, toh UAE ki real estate companies ko cash ki dikkat ho sakti hai. Sabse zyada risk un projects ko hai jo abhi 0-20% hi bane hain, aise projects 58% hain active projects mein. Is tension ki wajah se log property kharidne mein bhi hesitate kar rahe hain. Entry-level market mein sales 40% tak kam ho gayi hain pichhle saal.
Wahi, agar dekho toh neighboring Saudi Arabia mein toh kaam tez chal raha hai Vision 2030 ki wajah se. Lekin Dubai ko abhi thoda adjustment karna padega. Analysts keh rahe hain ki market mein correction aa sakta hai, jo 6-9 mahine tak chal sakta hai. Developers ab bas cash bachaane aur risk manage karne par focus kar rahe hain. Total 482,000+ units abhi bhi construction mein hain, toh dekhna padega ye sab kaise handle hota hai.
