Geopolitical Shocks and Capital Reallocation: Analyzing the Russia-Ukraine Conflict's Influence on Dubai's Real Estate Market (Feb 2022-Feb 2023)

Zaid Ahmed Riyyas

Abstract: This study investigates how the Russia-Ukraine conflict influenced Dubai's real estate market from February 2022 to February 2023. Drawing upon monthly data on average property prices, transaction volumes, and rental yields, the analysis identifies substantial increases across all indicators during the conflict period. Property prices rose by 10.09 percent, transaction volumes increased by 43.84 percent, and rental yields improved by 0.62 percentage points. The findings suggest a strong correlation between geopolitical instability and the redirection of global capital into politically neutral markets. The paper positions Dubai as a strategic investment destination during periods of uncertainty, emphasizing its regulatory stability, economic openness, and attractive residency policies.

Keywords: Dubai real estate, Russia-Ukraine war, transactions, rental yields, foreign direct investment, FDI

How to Cite?: Zaid Ahmed Riyyas, "Geopolitical Shocks and Capital Reallocation: Analyzing the Russia-Ukraine Conflict's Influence on Dubai's Real Estate Market (Feb 2022-Feb 2023)", Volume 14 Issue 12, December 2025, International Journal of Science and Research (IJSR), Pages: 2341-2345, https://www.ijsr.net/getabstract.php?paperid=SR251223113840, DOI: https://dx.doi.org/10.21275/SR251223113840