NextFin News -- The stock prices of leading real estate companies in the United Arab Emirates (UAE) have plummeted by over 30% since the air strikes of the U.S. and Israel on Iran on February 28. The stock prices of publicly listed developers in Dubai and Abu Dhabi have continued to fall sharply. Aldar Properties, the largest publicly listed developer in Abu Dhabi, and Emaar Properties, which built the world's tallest building, the Burj Khalifa in Dubai, have both seen their stock prices decline by more than 30%. Additionally, the bond prices of major developers have also suffered significantly. As the conflict in the Middle East escalates, the UAE's long-touted image as a "safe haven" for global elites is facing severe challenges. Iran has targeted airports, ports, and energy facilities in the two major cities of Dubai and Abu Dhabi, with even the iconic Burj Al Arab hotel in Dubai being affected by missile debris, putting the local reputation for safety and stability at risk.