Dubai's property market is facing significant challenges, with entry-level activity declining by 40% over the past year due to geopolitical tensions, particularly the ongoing Iran war. Brokers report that off-plan properties are taking longer to sell, and actual sales in March were down as much as 50%. This decline is exacerbated by seasonal factors, with Ramadan typically being a softer sales period. In response to these challenges, developers are implementing flexible payment plans and incentives, such as waiving Dubai Land Department (DLD) fees and offering vehicles with property purchases. Market experts anticipate a 6-9 month corrective phase, predicting price adjustments of 15-18% in the secondary market and 9-12% in the primary market. Despite these challenges, there remains cautious optimism, particularly among Indian buyers who are seizing the opportunity to enter the market. The long-term outlook will depend on the stability of geopolitical conditions.