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Construction and real estate
Mon, August 17, 2020
Dubai’s real estate market adjusts quickly to changing demand, and growing e-commerce across the UAE creates significant opportunities in warehousing, industrial and logistical real estate.
Dubai’s real estate market adjusts quickly to changing demand, and growing e-commerce across the UAE creates significant opportunities in warehousing, industrial and logistical real estate.
The Sustainable City is Dubai’s first version of the future cities, aiming to reduce the use of energy and water and the generation of waste by running on a combination of technology, architectural designs and solar power.
+85.4%
Increase in property sales
The year-on-year increase in the volume of property sales reported in Dubai in Q3, 2021.
+135.4%
Increase in value of property sales
The year-on-year increase in the value of property sales reported in Dubai in Q3, 2021.
+45%
Value of real estate transactions
The year-to-date value of sales transactions through to Q3, 2021 was 45% higher than the total figure recorded in 2020
US$11.53 bn
Record quarterly sales performance
Q3, 2021 set a new benchmark for Dubai’s real estate sector in terms of sales transactional value.
Overview
01
Population growth fuelling construction sector
With the UAE’s population forecast to exceed 11.5 million by 2025, demand for properties in Dubai’s real estate sector is expected to accelerate further this decade, making the city a prime target for international developers.
02
Robust regulatory environment
Dubai’s real estate market is governed by well-established laws, providing a protected legislative and regulatory structure for businesses operating both inside and outside of free zones.
03
Innovative construction methods
The application of advanced construction techniques, such as 3D printing, are helping the city accelerate its growth plans.
04
A global investment destination
Dubai is a magnet for property investors from around the world looking to diversify their portfolios while tapping into the growth potential of the world’s fourth most-visited city.
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