LoginConstruction and real estate
Growing economic momentum
The UAE is currently the region’s second-largest construction projects market, with over US$356 billion (AED1.3 trillion) in private real estate developments, ongoing public housing and building projects. The sector is set for continued growth, anticipated to reach US$50.40 billion (AED185.12 billion) by 2029.
This growth is a testament to Dubai's rise as the 'city of the future', a pivotal gateway to the world's fastest-growing markets and a premier destination for investment and development.
60% of Dubai's land area
will comprise nature reserves & rural areas by year 2040.
+16% year-on-year price rise
in Dubai's property market, second fastest worldwide.
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