Morgan’s International Realty forecasts 70,537 residential units for delivery in 2027. This number is:
- 98% above the 5-year average of 35,531 units per year
- The highest single-year supply Dubai has seen in over a decade
- Plus an estimated 51,000 units delayed from 2025-2026
Potential total 2027 delivery: 120,000+ units if delays finally resolve.
As Morgan’s report notes: “If demand fails to scale in parallel, the market could face pricing pressure, yield compression, and longer absorption cycles—especially in oversupplied communities.”
This is the supply test everyone should be watching, not 2026.