DFM Real Estate Index will plunge to 10,000

The DFM Real Estate Index will fall to 10,000 in 2026, wiping value off listed Dubai developers and construction names. Traders will point to the March 2026 selloff when the index plunged about 21% from nearly 16,700 to 13,353 by March 9 as the turning point. Over 120,000 new residential units are…