War puts brakes on UAE realty boom

The ongoing war in West Asia is causing significant delays in the UAE's booming real estate market, with developers facing handover setbacks of six to twelve months due to supply chain disruptions and increased construction costs. Notably, half of the anticipated 45,000 units for 2026 are now expected to be delivered later, while overall construction costs have risen by approximately 30%. Shipping services have also been affected, as vessels navigate detours due to the conflict.