Dubai's index fell to a 12-day low on thin volumes and Emaar Properties extended losses. The developer reported a 45 percent fall in first-quarter earnings on Sunday.
"We're going to need remainder of numbers from UAE companies before anyone makes a decision and liquidity returns," said Julian Bruce, EFG-Hermes director of institutional equity sales.
The Dubai benchmark eased 0.2 percent to 1,635 points, its lowest close since April 14.
Emirates NBD posted a net profit of 1.4 billion dirhams ($381 million) beating forecasts. Its shares rose 2.4 percent.
Logistics firm Aramex fell 2.1 percent before reporting quarter results, which were up five percent.
Property stocks weighed on Abu Dhabi's index with Aldar Properties falling 1.9 percent and Sorouh Real Estate down 0.7 percent.
The Abu Dhabi benchmark eased 0.05 percent to 2,689 points — a two-week low.
After market close, Abu Dhabi Commercial Bank said its quarterly profit more than doubled, helped by lower loan provisions, also beating analysts expectations. Its shares did not trade on Tuesday.
Stock-specific trading in Kuwait's index pushed it up to a 10-week high and banks recovered from a sell-off on Monday. The benchmark rose 0.4 percent to 6,494 points, its highest close since Feb 16.
Ahli United Bank gained 1.9 percent, with the heaviest trading among the top 10 largest stocks. Agility rose 2.4 percent.
Global Investment House surged 6 percent after winning a $250 million UAE court ruling against Abu Dhabi-listed National Bank of Umm Al-Qaiwain.
"The market is healthy at this point, but on an individual stock basis, there are very few bargains at these prices," said a Kuwait-based trader, speaking on condition of anonymity.
Banking stocks are the bourse's safe-haven, he added.
After public holidays, Egypt's main index slipped as court decisions over questionable sales of state land to real estate developers weighed on investor confidence, traders say.
The EGX30 index ended 0.1 percent lower at 4,989 points, with property developer Palm Hills Development Co. closing flat after retracing earlier losses and Talaat Moustafa fell 8 percent.
An Egyptian court ruled on Tuesday that a sale of state land to Palm Hills, the country's second-biggest listed developer, was illegal and scrapped the contract.
"The same stocks that pressured the market on Thursday are still doing the same today," said Mohamed Radwan, head of equities at Pharos Securities. "Verdicts will come out in favor of the government, so investors should have discounted that."
Saudi Arabia's index ended flat as investors await more cues after first-quarter earnings are priced in. The Tadawul All-Share Index (TASI) rose slightly to 6,686.3 points on Tuesday. The stock market turnover reached SR5.53 billion on Tuesday.
The Qatari benchmark slipped 0.2 percent to 8,442 points.
The Omani index edged up 0.04 percent to 6,327 points.
The Bahraini index slipped 0.2 percent to 1,400 points.
