UAE Residential Real Estate Market Expected to Rise at a CAGR of 5.30% during 2024-2032

Residential Real Estate Market-UAE 

Market Statistics

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 5.30% (2024-2032)

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UAE Residential Real Estate Market Trends and Drivers:

• Rapid Market Expansion:

  • Driven by robust economic growth and urbanization.
  • Supported by government initiatives aimed at diversifying the economy beyond oil.

• Major Investments:

  • Significant infrastructure and real estate projects, such as the Dubai 2040 Urban Master Plan.
  • Focus on creating sustainable urban environments and improving quality of life.

• Expatriate Population & Foreign Investment:

  • Growing expatriate population boosting market demand.
  • Influx of foreign investors attracted by favorable policies like long-term visas and 100% foreign ownership in certain sectors.

• Rising Demand for Luxury Properties:

  • Increasing interest in high-end homes with modern amenities from affluent buyers.

• Sustainability & Smart Home Technologies:

  • New developments integrating advanced technologies like home automation systems and IoT devices.
  • Appeal to tech-savvy buyers with a focus on sustainability.

• Impact of COVID-19:

  • Increased demand for larger living spaces and properties with outdoor areas due to the rise of remote work.

• E-Commerce Growth:

  • Greater demand for properties with convenient access to retail and logistics hubs.

• Future Market Outlook:

  • Evolving trends and dynamics are expected to sustain growth in the UAE residential real estate market in the coming years.

UAE Residential Real Estate Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest residential real estate market share in UAE. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.

Type Insights:

• Condominiums and Apartments
• Villas and Landed Houses

Regional Insights:

• Dubai
• Abu Dhabi
• Sharjah
• Others

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Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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