Gateway to the Middle EastPresident Marcos’ recent working visit to the United Arab Emirates represents a fundamental shift in our country’s economic diplomacy, one that would actually change the numbers back home. This is not merely a milestone because it is the country’s first free trade agreement in the Middle East. However, this is expected to drop to 6,000 units in 2026, then to 3,000 units in 2027 and to 2,000 units in 2028. Meanwhile, the residential market remains soft, according to Leechiu, with demand hitting a six-year low and with current inventory expected to be cleared in 3.5 years. That should be a much-welcome development for the property sector, investors, and property users alike.

Source: Philippine Star January 17, 2026 16:34 UTC