Dubai's "safe haven" image took a direct hit this week as missile debris fell near the Burj Al Arab and Palm Jumeirah following military escalations involving Iran, the US, and Israel. For Indian HNIs, family offices, and startup founders who had parked billions in Dubai real estate, the question is no longer about returns, it's about risk. Indian buyers, who account for 20-30% of prime property purchases, are hitting pause. Markets plunged. Host Dia Rekhi talks to ET’s  Sobia Khan and Dilasha Seth aboutSovereign wealth funds if they are being watched closely. With nine million Indians working across the Gulf and remittances at stake, the Iran conflict isn't just a West Asia story, it's an India story too.

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