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The expert reported on a possible decrease in real estate prices in the Persian Gulf

Rumyantseva expert: real estate prices in the Persian Gulf may decrease

Mon, 03/30/2026 - 04:45

Photo: Global Look Press/Markus Mainka

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The cost of mass-market real estate in the Persian Gulf markets may decrease in the near future amid the escalation of conflict in the Middle East. This was announced on March 30 by Ekaterina Rumyantseva, founder and CEO of Kalinka Group of Companies.

"In the future, prices will show multidirectional dynamics for up to 12 months: the massmarket may "sink" by another 3-7% due to an oversupply, while premium locations will survive due to a shortage of supply and long-term investors. The most economical entry lots, the cost of which ranges from 700 thousand dirhams, are subject to the greatest volatility and potential pressure. As a rule, these are one- and two—bedroom apartments in new buildings," TASS quoted her as saying.

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Registered by the Federal Service for Supervision of Communications, Information Technology and Mass Communications. Certificates of registration Certificate of registration: EL № FS 77 - 76208 dated July 8, 2019. , Certificate of registration: EL № FS 77 - 72003 dated December 26, 2017.