Dubai Prices Hold Up as War Hits Gulf Demand

The article says Dubai’s economy is facing a difficult year because of war-related problems in the Gulf.

However, home prices in Dubai still rose by 3% in the second quarter of 2026 compared with a year earlier.

Hotels became cheaper by 7% during the first half of 2026.

Many hotel rooms were still empty.

Plane tickets stayed expensive because there were fewer competing airlines and fuel costs went up.

This means prices did not fall as much as demand.

The article compares this situation with the Bahrain Grand Prix being held in Malaysia.

It presents Dubai as a place where some prices remain strong even while fewer people are buying or traveling.