UAE Residential Real Estate Market is Predicted to Grow at a CAGR of 5.30% by 2032

Residential Real Estate Market in UAE 2024:

How Big is the UAE Residential Real Estate Industry?

The UAE residential real estate market size is projected to exhibit a growth rate (CAGR) of 5.30% during 2024-2032. The market is growing, driven by urbanization, government initiatives, and increasing demand for luxury and affordable housing

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Growth Rate (2024-2032)	6.7%

UAE Residential Real Estate Market Trends and Drivers:

The UAE residential real estate market is experiencing rapid growth, driven by robust economic development, urbanization, and government initiatives aimed at diversifying the economy beyond oil. Significant investments in infrastructure and real estate projects, like the Dubai 2040 Urban Master Plan, are focused on creating sustainable urban spaces and enhancing the quality of life. Additionally, the expanding expatriate population and the influx of foreign investors, attracted by favorable policies such as long-term visas and 100% foreign ownership in certain sectors, are further boosting the market. The demand for luxury residential properties is also rising, as affluent buyers seek high-end homes with advanced amenities.

Current trends in the UAE residential real estate market include a strong focus on sustainability and smart home technologies. New developments are increasingly integrating advanced technologies like home automation systems and IoT devices to appeal to tech-savvy buyers. The COVID-19 pandemic has accelerated the demand for larger living spaces and properties with outdoor areas, as remote working has become more common. Additionally, the growth of e-commerce has heightened the demand for properties with easy access to retail and logistics hubs. These evolving trends and market dynamics are expected to continue driving the UAE residential real estate market in the coming years.

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UAE Residential Real Estate Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

• Condominiums and Apartments

• Villas and Landed Houses

Regional Insights:

• Dubai

• Abu Dhabi

• Sharjah

• Others

Top Players Analysis:

The report provides a detailed analysis of the competitive environment. It covers various aspects such as market structure, positioning of key players, top strategies for success, a competitive dashboard, and a company evaluation quadrant. Furthermore, the report includes comprehensive profiles of all major companies.  

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=23517&flag=C Other Key Points Covered in the Report:

• COVID-19 Impact on the Market

• Porter's Five Forces Analysis

• Strategic Recommendations

• Market Dynamics

• Historical, Current and Future Market Trends

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain Analysis

• Comprehensive Mapping of the Competitive Landscape

• Top Winning Strategies

• Recent Industry News

• Key Technological Trends & Development

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

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