1. Economic stability: The economic condition of Dubai and the United Arab Emirates as a whole plays a key role in turning the view on expensive real estate. A growing economy, high incomes and stable economic policies are driving consumer confidence and a slowdown.
2. International demand: Dubai attracts international investors and buyers from around the world due to its international status, diverse culture, innovative infrastructure and high level of services. International demand has a significant impact on the demand and prices of luxury real estate.
3. Legislation and Legal Environment: The legal environment and legislation for real estate in Dubai has a significant impact on the market. Transparent and investor-oriented laws provide security and confidence for investors, which contributes to the development of the high-end real estate market.
4. Infrastructure and city development: The development of infrastructure, including transport, social and commercial, plays an important role in making areas attractive for expensive real estate. New infrastructure projects and entertainment facilities can have a significant impact on prices and demand.

5. Geopolitical environment: Geopolitical events and international conflicts can have an impact on the luxury property market in Dubai, especially if they lead to instability in the region or changes in economic policy.
6. Currency Fluctuations: Changes in exchange rates can have an impact on the attractiveness of Dubai to international investors and buyers, especially if their national currencies weaken against the US dollar, which is often used in property transactions in Dubai

These factors influence the demand, supply and prices of luxury properties in Dubai and can determine market dynamics at different times.