The UAE Residential Real Estate Market is Segmented by Property Type (Apartments & Condominiums and Villas & Landed Houses), Price Band (Affordable, Mid-Market and Luxury), Mode of Sale (Primary and Secondary), Business Model (Sales and Rental) and Emirates (Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah and Rest of UAE). The Market Forecasts are Provided in Terms of Value (USD).

The residential real estate market in UAE was valued at USD XX Billion in 2022 and is anticipated to reach USD XX Billion by 2031, expanding at a CAGR of 8% during the forecast period, 2023–2031. The growth of the market is attributed to new government initiatives in the country.



The residential market in the UAE is decreasing due to high competition and less supply of housing unit. The UAE government announced several initiatives to drive the economic and real estate demand in the country. A permanent residency “gold card” scheme in Dubai was introduced in 2019.

To meet the demand-supply mismatch in the country, an initiative was launched by Dubai government such as Real Estate Planning Committee. This committee was established to improve the mismatch between demand and supply. These schemes are established to increase the demand for housing units in the country.



The Covid-19 pandemic affected the demand and supply of residential real estate market in the UAE market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

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  New government initiatives and hassle free law for foreign investors are projected to drive the market.

  
  
  

  The dynamics of the Residential Real Estate market in the UAE are further influenced by the diverse range of properties available, catering to various segments of the population. From luxurious villas to affordable apartments, the market offers something for everyone. This diversity not only attracts local buyers but also international investors looking for profitable ventures in a stable economy. The strategic location of the UAE, coupled with its robust infrastructure, makes it a prime destination for real estate investment.

  
  


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The UAE Real Estate Services Market Report is Segmented by Property Type (Residential - Apartments and Condominiums, Villas and Landed Houses; Commercial - Office, Retail, Logistics, Others), Service (Brokerage Services, Property Management Services, Valuation Services, Others), Client Type (Individuals/Households, and More), and Geography (Dubai, Abu Dhabi, and More). The Market Forecasts are Provided in Terms of Value (USD).

In 2022, the number of sales transactions in the Dubai real estate market reached **** thousand. That was a sharp increase compared to the previous year, when the number of real estate sales transactions was **** thousand.

The GCC real estate market, valued at $13.39 billion in 2025, is projected to experience robust growth, with a Compound Annual Growth Rate (CAGR) of 9.63% from 2025 to 2033. This expansion is driven by several key factors. Increased government investments in infrastructure projects, particularly in Saudi Arabia and the UAE, are stimulating demand. Furthermore, a burgeoning population, coupled with rising urbanization and a robust tourism sector, fuel the need for residential and commercial properties. The significant influx of foreign investment, attracted by the region's economic diversification strategies and favorable regulatory environments, also contributes significantly to market growth. The market is segmented by property type, with single-family homes and multi-family dwellings representing the primary segments. Competition among major players like Strabag Dubai LLC, Extra Co Group of Companies, and Albaddad International is fierce, driving innovation and efficiency improvements within the construction and development sectors. While challenges exist, such as potential economic fluctuations and material cost increases, the overall outlook for the GCC real estate market remains positive, promising substantial growth over the forecast period. The forecast period of 2025-2033 is anticipated to witness a steady rise in market value, influenced by factors like ongoing infrastructure development, government initiatives to boost housing affordability, and continuous growth in the tourism and hospitality industries. The strategic location of the GCC region, serving as a crucial trade hub, adds to its appeal for investors. The ongoing diversification of the regional economy, reducing reliance on oil revenue, enhances long-term stability and fosters a favorable investment climate. While supply chain disruptions and global economic uncertainties represent potential headwinds, the strong fundamentals of the GCC real estate market suggest its resilience and capacity for sustained growth. The segmentation into single-family and multi-family homes reflects differing consumer preferences and demand drivers, influencing the overall market dynamics. Recent developments include: June 2023: Saudi Arabia's Red Sea International Co. acquired a 51% stake in local construction firm Fundamental Installation for Electric Work Co. Ltd. (First Fix) for a total transaction value of 544.2 million (USD 145 million)., May 2022: Saudi Giga projected a merger to create a new development powerhouse. Saudi Arabia's Public Investment Fund (PIF) combined two big projects, with The Red Sea Development Company (TRSDC) having taken over Amaala under a single new entity, which will be soon known as Red Sea Global.. Key drivers for this market are: Increasing Demand of prefabricated Housing in GCC, Government Initiatives Driving the Construction. Potential restraints include: Increasing Demand of prefabricated Housing in GCC, Government Initiatives Driving the Construction. Notable trends are: Rising Demand for Single Family Type in the Region Fuelling the Market Demand.

UAE Residential Real Estate Market size was valued at around USD 36.32 Billion in 2024 & is projected to reach USD 52.32 billion by 2030 with a 5.1% CAGR.

The UAE commercial real estate market was valued at USD XX Billion in 2022 and is anticipated to reach USD XX Billion by 2031, expanding at a CAGR of 6% during the forecast period between 2023 and 2031. The growth of the market is attributed to increasing demand for new solutions in terms of enhanced management and rising number of businesses.



Commercial real estate is an asset that is used completely for business-related purposes and to deliver a working area instead of living space that as a substitute creates the residential real estate.

Most frequently, commercial real estate is rented to leaseholders to conduct income-producing activities. Spending in commercial real estate commonly requires larger amounts of funds from investors than residential real estate. Publicly traded real estate investment trusts are an achievable mode for those who want to indirectly spend in commercial real estate.



Owning and maintaining rented commercial real estate requires full and constant management by the holder. Property holders may desire to service a commercial real estate management firm to help them manage, find, and maintain renters, manage rents and investing options, and organize property conservation and marketability.



The commercial real estate in the UAE is inviting sturdy investor attention and it is estimated that the country can again re-establish itself as a widely held property terminal post EXPO 2020. The investment under rare assets classes are achieving reputation. For instance, companies are hiring and sales back deals through which vendors shift off real estate then occupy that on rental basis to open up capital, malleable office working by enterprises, and setting up real estate investment trust.



Dubai introduced One Free Zone Passport that permits companies to spread their operation to land in Dubai. DMCC, DWTC DAFZA, and DIFC are the free zones that allow to sign contracts with the Department of Economic Development to offer dual-licenses. Many industries are purchasing commercial properties to operate industries. Companies are increasingly setting up a hub in Dub

Luxury Real Estate Market Outlook

The global luxury real estate market size was valued at approximately USD 289.6 billion in 2023 and is projected to reach around USD 515.3 billion by 2032, growing at a CAGR of 6.5% from 2024 to 2032. The growth of this market is primarily driven by increasing urbanization, rising disposable incomes, and a growing number of high-net-worth individuals (HNWIs) worldwide.

One of the primary growth factors contributing to the expansion of the luxury real estate market is the surge in the population of high-net-worth individuals. According to recent data, the number of millionaires and billionaires is increasing globally, especially in emerging economies. This demographic tends to invest heavily in luxury properties to diversify their asset portfolios and leverage real estate as a stable investment. Additionally, many of these HNWIs are inclined towards acquiring properties in prime locations, further fueling the demand for high-end real estate.

Another significant factor driving the luxury real estate market is the growing trend of second homes and vacation properties. With the rise in global travel and tourism, affluent individuals are purchasing luxury vacation homes in exotic locations, such as beachfront properties, mountain retreats, and exclusive urban residences. This trend is particularly evident in regions like the Mediterranean, the Caribbean, and Southeast Asia. The availability of luxury amenities, coupled with the desire for privacy and exclusivity, makes these properties highly attractive investments.

Technological advancements and the adoption of smart home technologies have also played a crucial role in the growth of the luxury real estate market. High-end properties are increasingly equipped with state-of-the-art home automation systems, energy-efficient solutions, and top-notch security features. These technological innovations not only enhance the living experience but also significantly boost the property's market value. Furthermore, the integration of eco-friendly and sustainable building practices in luxury properties is becoming a growing trend, appealing to environmentally conscious buyers.

The concept of Property Franchise is gaining traction in the luxury real estate sector, offering a unique business model that combines the benefits of franchising with the lucrative potential of high-end properties. By leveraging established brand names and proven business systems, property franchises provide investors with a structured approach to entering the luxury market. This model allows franchisees to tap into the expertise and resources of a larger network, while maintaining the flexibility to cater to local market demands. As the luxury real estate market continues to expand, property franchises are becoming an attractive option for entrepreneurs seeking a foothold in this competitive industry. The ability to offer a consistent brand experience across various locations is a key advantage, appealing to both investors and clients looking for reliability and prestige in their property transactions.

From a regional perspective, the Asia Pacific region is witnessing substantial growth in the luxury real estate market. Countries such as China, India, and Australia are experiencing rapid urbanization and economic growth, leading to an increasing demand for luxury properties. In North America, the United States and Canada continue to dominate the market, driven by strong economic fundamentals and high levels of disposable income. Europe remains a key player in the luxury real estate market, with cities like London, Paris, and Berlin attracting global investors due to their historical significance and robust real estate infrastructure. The Middle East and Africa region is also emerging as a significant market, particularly in cities like Dubai and Cape Town, renowned for their luxury real estate offerings.

Property Type Analysis

The luxury real estate market can be segmented by property type into residential, commercial, and industrial properties. The residential segment dominates the luxury real estate market, driven by the high demand for luxurious homes, villas, and apartments in prime locations. High-net-worth individuals and affluent families seek exclusive residential properties that offer privacy, security, and top-notch amenities. The trend of owning multiple residen

The UAE's real estate market, a cornerstone of its economy, experienced robust growth between 2019 and 2024, driven by factors such as infrastructural development, tourism expansion, and a burgeoning population. While precise market size figures for the earlier years aren't provided, a conservative estimate, considering global trends and the UAE's economic performance, suggests a steady increase in market value. The base year of 2025, likely reflecting a period of consolidation or slight adjustment after periods of rapid growth, sets a foundation for future expansion. The projected Compound Annual Growth Rate (CAGR) from 2025 to 2033 indicates continued positive momentum, fueled by ongoing government initiatives promoting sustainable development and attracting foreign investment, particularly in sectors like hospitality and commercial real estate. This growth is expected to be influenced by factors such as Expo 2020 Dubai's lasting impact and the nation's commitment to diversifying its economy beyond oil. Looking ahead to 2033, the predicted CAGR will likely translate into significant market expansion. This expansion isn't uniformly distributed; certain segments, like luxury residential properties and commercial spaces in prime locations, will see disproportionately higher growth rates. Government regulations, aiming to stabilize prices and ensure sustainable development, will undoubtedly shape the market's trajectory. Factors such as interest rate changes and global economic conditions will also influence the speed and nature of this expansion. Analysis of previous trends suggests that despite potential short-term fluctuations, the long-term outlook for the UAE's real estate sector remains positive, with significant growth potential across various property types and geographical locations within the Emirates. This in-depth report provides a comprehensive analysis of the UAE real estate market, covering the historical period (2019-2024), base year (2025), and forecast period (2025-2033). With a focus on key segments like residential, commercial, and other property types, along with services including property management and valuation, this report offers invaluable insights for investors, developers, and industry professionals seeking to navigate this dynamic market. Keywords: UAE Real Estate Market, Dubai Real Estate, Abu Dhabi Real Estate, Real Estate Investment UAE, Property Prices UAE, Real Estate Development UAE, Property Management UAE, Real Estate Valuation UAE. Key drivers for this market are: Increasing Developments in the Residential Segment, Investments in the Senior Living Units. Potential restraints include: Limited Availability of Land Hindering the Market. Notable trends are: Increase in Facility Management Services in the United Arab Emirates.

The UAE Luxury Residential Real Estate Market Report is Segmented by Business Model (Sales, Rental), by Property Type (Apartments & Condominiums, Villas & Landed Houses), by Mode of Sale (Primary New-Build, Secondary Existing-Home Resale), and by City (Dubai, Abu Dhabi, Sharjah, Other Emirates). The Market Forecasts are Provided in Terms of Value (USD).

Real estate, and especially when located in prime locations, is often referred to as a safe haven for investments. According to the forecast, Dubai is going to see the highest growth in luxury real estate prices in 2025. New York and Geneva, which also right high, were forecast to witness high-end properties prices rise by ***** percent.

Between the fourth quarter of 2020 and the first quarter of 2021, cash transactions in the real estate sector of the emirate of Dubai decreased by ** percent, while mortgage transactions increased by ** percent. During the same period, the primary real estate market decreased in Dubai by *** percent while the secondary market increased by **** percent.

The UAE commercial real estate market, encompassing offices, retail, industrial & logistics, and hospitality sectors, exhibits robust growth potential. Driven by factors such as increasing tourism, a burgeoning population, and significant government investments in infrastructure development (particularly in Dubai, Abu Dhabi, and Sharjah), the market is projected to experience a Compound Annual Growth Rate (CAGR) of 6.00% from 2025 to 2033. The substantial presence of major players like Aldar, Emaar (implied by the presence of Nakheel, a subsidiary), and Arabtec, coupled with ongoing diversification efforts within the UAE economy, further fuels this expansion. However, global economic uncertainty and potential fluctuations in oil prices pose challenges. The segmentation by property type reveals varying growth trajectories; for instance, the logistics sector is likely experiencing faster growth due to increased e-commerce and supply chain developments. The market's geographic concentration within major cities like Dubai, Abu Dhabi, and Sharjah reflects their status as economic hubs. While precise market size figures for 2025 are not provided, we can extrapolate based on the CAGR. If we assume a 2025 market size of $50 billion (USD), the forecast shows significant expansion throughout the forecast period. Future analysis should consider granular data on specific property types and locations to provide more precise estimations and explore opportunities within niche segments. The competitive landscape is characterized by a mix of large established developers and smaller contracting companies. The continued influx of foreign investment, particularly in sectors like tourism and technology, could further stimulate the demand for commercial spaces. Government initiatives to enhance the ease of doing business and promote sustainable development practices also shape the market's trajectory. Analyzing the performance of different segments in relation to macroeconomic indicators and global events will be crucial for accurately predicting future market trends. The presence of international players alongside local giants implies both local dominance and international recognition of the UAE's real estate market. Risk assessment should include factors like fluctuating global interest rates, which impact construction financing and property investment. This in-depth report provides a comprehensive analysis of the UAE commercial real estate market, offering invaluable insights for investors, developers, and industry professionals. Covering the period from 2019 to 2033, with a focus on 2025, this report delves into market dynamics, trends, and growth opportunities across various segments. We analyze key cities like Dubai, Abu Dhabi, and Sharjah, along with the "Rest of the UAE," examining office, retail, industrial & logistics, hospitality, and other commercial property types. Recent developments include: March 2022: AD Ports Group signed an agreement with Metal Park Investment ME LTD to establish an integrated metal hub in KIZAD that will cater to all industry verticals and offer scale flexibilities to metal vendors, processors, and fabricators in the United Arab Emirates. The upcoming Metal Park in KIZAD covers a total land area of 450,000 sq. m. It will be equipped with state-of-the-art facilities supporting storage and handling, processing, and fabrication activities while offering access to R&D amenities, rental office space, and associated financial services., December 2021: A consortium comprising Aldar Properties and ADQ announced the acquisition of approximately 85.52% of the outstanding share capital of The Sixth of October for Development and Investment SAE.. Key drivers for this market are: Government Initiatives Promoting Affordable Housing, Economic Growth and Rising Disposable Incomes. Potential restraints include: Shortage of Skilled Labor, Fluctuating Construction Materials Costs. Notable trends are: Increase in Demand for Office Spaces across Dubai To Drive the Market.

UAE Commercial Real Estate Market was valued at USD 24.6 Billion in 2024 and is expected to reach at USD 45.68 Billion in 2030 and project robust growth in the forecast period with a CAGR of 10.7% through 2030

The UAE Commercial Real Estate Market Report is Segmented by Property Type (Offices, Retail, Logistics, Others), by Business Model (Sales, Rental), by End-User (Individuals/Households, Corporates & SMEs, Others), and by Geography (Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, Rest of UAE). The Market Forecasts are Provided in Terms of Value (USD).

The UK real estate services industry, valued at approximately £32.45 billion in 2025, is projected to experience steady growth, with a compound annual growth rate (CAGR) of 3.00% from 2025 to 2033. This growth is driven by several factors. Increasing urbanization and population growth in key UK cities fuel demand for both residential and commercial properties, stimulating the need for property management, valuation, and other related services. Furthermore, the ongoing development of innovative technologies, such as proptech solutions improving efficiency and transparency in property transactions, contributes to market expansion. Government initiatives aimed at boosting housing supply and infrastructure development also play a significant role in shaping industry growth. However, economic uncertainties, including interest rate fluctuations and potential market corrections, could pose challenges to the industry’s trajectory. The segmentation within the UK market reflects this diversity, with residential property services likely holding the largest share, followed by commercial properties. The "Other Services" segment encompasses a variety of specialized offerings, likely experiencing growth proportional to the overall market expansion. Competition among established players like Hammerson, British Land, and Rightmove, alongside smaller firms and niche players, remains intense, driving innovation and efficiency within the sector. The regional distribution of market share within the UK is likely skewed towards London and the South East, given their high property values and transaction volumes. However, significant growth potential exists in other regions fueled by infrastructure projects and investment in new housing developments. The presence of large housing associations like Bridgewater and Sanctuary indicates a substantial social housing component influencing the overall market dynamics. The forecast period (2025-2033) suggests continued, albeit moderate, expansion, indicative of a maturing but still dynamic market. The industry's long-term outlook hinges on effective adaptation to technological advancements, economic stability, and consistent government policy support for housing and infrastructure projects. Recent developments include: January 2023: United Kingdom Sotheby's Property Business Acquired by the Dubai Branch of Sotheby's. UK Sotheby International Realty was previously owned by Robin Paterson, who sold the business to his business partner and affiliate, George Azar. George Azar currently holds and operates Sotheby's Dubai and the MENA region., November 2022: JLL identified a shortage of quality rental homes as a long-term problem for the UK, which the recent boom in rentals has accentuated. This unmet need for quality rental homes has led to continued investor interest in purpose-built rental properties in UK city centers. JLL reported that annual investment in UK living real estate reached £10bn (USD 12.73 bn) in Q3 2022, setting living on track for another record year.. Key drivers for this market are: Improvements in Infrastructure and New Development, Population Growth and Demographic Changes. Potential restraints include: Improvements in Infrastructure and New Development, Population Growth and Demographic Changes. Notable trends are: Increasing in the United Kingdom House Prices.

The forecasted value of the real estate industry in Saudi Arabia for the year 2019 was about ***** billion U.S. dollars. The construction market was undergoing a comeback after a period of economic volatility that followed the collapse of the Dubai real estate market.

According to ValuStrat, the average residential prices in Dubai reached around ***** United Arab Emirates dirhams (AED) in December 2023, rising from around *** AED in 2020. Real estate market in Dubai Despite the impact of the global COVID-19 pandemic on the real estate market, Dubai's real estate sector continues to show resilience and remains a lucrative investment option. In the first quarter of 2021, the real estate transactions in Dubai amounted to approximately ** billion U.S. dollars in value. With its emphasis goal of transforming into a high-end tourist destination, Dubai has become an appealing choice for real estate investors. In 2019, investment villas made up most urban buildings in the emirate, with around ** thousand units. Residential market outlook The residential market in Dubai has experienced substantial growth in recent years. In 2022, it was projected to witness the addition of approximately ** thousand new apartments and ***** thousand new villas. These additions contribute to the existing supply of *** thousand residential units in the emirate for that year. According to the same source, in December 2022, the capital prices of residential apartments in Jumeirah Beach Residence, Dubai, stood at approximately *** million United Arab Emirates dirhams. This represented a *** percent growth in capital values compared to the prior year. With its strong market presence and attractive investment opportunities, Dubai's residential market remains a key player in the region.

In 2022, **** percent of sales transactions in the real estate market were secondary market transactions. Meanwhile, the rest of the sales transactions in the real estate market were off-plan transactions.

The UAE's luxury real estate market, valued at approximately $XX million in 2025, is experiencing robust growth, projected to expand at a CAGR exceeding 8% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, significant government investments in infrastructure and tourism initiatives, such as Expo 2020 Dubai’s lasting impact, are enhancing the appeal of the UAE as a prime investment destination and bolstering property values. Secondly, a consistent influx of high-net-worth individuals (HNWIs) seeking lucrative investment opportunities and a luxurious lifestyle contributes significantly to market demand. Thirdly, the diversification of the UAE economy beyond oil, attracting foreign investment and fostering economic stability, provides a strong foundation for sustained luxury real estate growth. Finally, the increasing popularity of second homes and holiday properties further fuels demand, particularly in desirable locations like Dubai, Abu Dhabi, and Sharjah. While potential interest rate hikes and global economic uncertainties pose some restraints, the overall market outlook remains positive, driven by strong investor confidence and the UAE's continued economic strength. The segment breakdown reveals a strong preference for apartments and condominiums, driven by their accessibility and centralized locations. However, villas and landed houses remain highly sought after, particularly among HNWIs seeking spaciousness and privacy. Dubai dominates the market, owing to its established luxury infrastructure, vibrant lifestyle, and international appeal. However, other cities like Abu Dhabi and Sharjah are also experiencing notable growth, benefiting from infrastructural developments and government initiatives. Key players like Emaar Properties, DAMAC Properties, and Nakheel Properties are shaping the market landscape through their diverse projects and strategic partnerships. The competitive landscape remains dynamic, with both established players and emerging developers vying for market share. International investors are also increasingly active, attracted by the market's potential and high returns. The regional distribution of investment shows strong participation from the Middle East and Asia-Pacific regions. This report provides an in-depth analysis of the luxury real estate market in the UAE, covering the historical period (2019-2024), the base year (2025), and forecasting the market's trajectory until 2033. It examines key segments including Dubai real estate, Abu Dhabi real estate, and other emirates, focusing on apartments and condominiums, and villas and landed houses. The report analyzes market dynamics, identifying key growth drivers and challenges influencing this lucrative sector. This is a must-read for investors, developers, and anyone interested in understanding the future of luxury property in the UAE. Recent developments include: March 2023: Emaar The Economic City (Emaar EC) agreed to sell a prime beachfront land plot in Murooj Golf Community District, King Abdullah Economic City (KAEC), as an in-kind contribution to Al Bilad Tourism Fund. It is a Capital Market Authority (CMA)-regulated Shariah-compliant closed-end private real estate investment fund. In return for the land sale, Emaar EC will acquire units in the fund worth SAR 269.2 million (USD 717 million), representing 41.15% of the fund's equity. The fund strategy is to develop and operate the resort under the Rixos Premium brand (an all-inclusive luxury resort and waterpark comprising around 550 properties with lifestyle, retail, and food and beverage offerings). This is to create value and exit at the planned maturity of 12 years, said the company., February 2023: Dubai Holding, a diversified global investment company with operations in 13 countries, announced that it had acquired full ownership of the iconic The Westin Paris - Vendome after acquiring Henderson Park's stake in the property. The acquisition of this prime asset further strengthens Dubai Holding's extensive portfolio of world-class assets in key gateway locations. In addition, it supports the Group's long-term strategy of global expansion that is focused on boosting its presence in strategic destinations worldwide, including North America, the Middle East, Europe, and Asia.. Key drivers for this market are: Increasing Spending on the Commercial Construction. Potential restraints include: Materials and Labor Shortages. Notable trends are: Post-Expo landscape looks bright for Dubai luxury home market.