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The UAE Construction Market Report is Segmented by Sector (Residential, Commercial, and Infrastructure), by Construction Type (New Construction and Renovation), by Construction Method (Conventional On-Site and More), by Investment Source (Public and Private), and by Geography (Abu Dhabi, Dubai, Sharjah, and Rest of UAE). The Market Forecasts are Provided in Terms of Value (USD).
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TwitterIn 2021, the forecast value of construction output in the United Arab Emirates was worth **** billion Emirati dirhams. Several projects and strategies are in the works to stimulate the construction industry, including the Energy Strategy 2050, the Sheikh Zayed Housing Program, and the Dubai Tourism Strategy.
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UAE Data Center Construction Market Report Segments the Industry Into Infrastructure (By Electrical Infrastructure, by Mechanical Infrastructure, General Construction), by Tier Type (Tier 1 and 2, Tier 3, Tier 4), by Data Center Type (Colocation, Self-Built Hyperscalers (CSPs) and More). The Market Sizes and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.
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The UAE Construction Market is projected to grow at a CAGR of 6.04% during 2025-32, reaching a market value of approximately USD 108.76 billion in 2032.
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The UAE Transportation Infrastructure Construction Market Report is Segmented by Type (Roadways, Railways, Airways, Ports, and Inland Waterways), by Construction Type (New Construction, Renovation), by Investment Source (Public, Private), and by Geography (Abu Dhabi, Dubai, Sharjah, Rest of UAE). The Market Forecasts are Provided in Terms of Value (USD).
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Discover the booming UAE construction market! Explore a $41 billion industry projected to grow at 4.26% CAGR through 2033, driven by infrastructure projects, tourism, and government initiatives. Analyze market segments, key players, and future trends. Recent developments include: November 2023: Dubai-based developer Wasl granted a construction contract worth AED 1.2 billion (USD 1.4 billion) to China State Construction Engineering Corp., a Beijing-based company, to construct The Island, a 26-acre development that is expected to be the first in the region to allow legal gaming. A total of 1,400 hotel rooms are planned for the development., September 2023: Hassan Allam Holding, one of Egypt's leading construction companies, announced its expansion into the United Arab Emirates on the occasion of 'Building Boundless Horizons: From Egypt to the UAE'., August 2023: ADNOC Gas, the world's leading integrated gas processing company, announced that it was awarded a contract for AED 13.1 billion (USD 3.6 billion). This contract will enable ADNOC Gas to extend its gas processing facilities in the United Arab Emirates by commissioning new facilities and providing an optimal supply to the RUWAIS Industrial Complex.. Key drivers for this market are: The Demand for Commercial Spaces, Smart Cities and Sustainable Development. Potential restraints include: The Demand for Commercial Spaces, Smart Cities and Sustainable Development. Notable trends are: Rise in Demand from the Tourism Sector.
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The size of the UAE Data Center Construction Market market was valued at USD XX Million in 2024 and is projected to reach USD XXX Million by 2033, with an expected CAGR of 6.00% during the forecast period. Recent developments include: May 2021: Dubai Electricity and Water Authority (DEWA) inaugurated six electricity transmission substations in Dubai. The project was completed with an investment of AED 1.1 billion. The substations include a 400 kilovolt (kV) substation at the Mohammed bin Rashid Al Maktoum Solar Park and five 132 kV substations in other areas in Dubai., December 2020: The United Arab Emirates commissioned its first Barakah Nuclear Energy Plant, which reached 100% of the reactor power capacity for Unit 1 of the facility during testing.. Key drivers for this market are: 9.1 Rising Adoption of Renewable Energy Sources9.2 Increase in 5G Deployments Fueling Edge Data Center Investments9.3 Smart City Initiatives Driving Data Center Investments. Potential restraints include: 10.1 Security Challenges in Data Centers10.2 Location Constraints on the Development of Data Centers. Notable trends are: BFSI to have significant market share.
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UAE Construction Market growth is driven by increasing infrastructure investments, urbanization, and technological advancements in construction methods.
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TwitterThe NEOM megacity project in Saudi Arabia led the list of future construction projects in the Middle East and North Africa region with a combined value of roughly 361 billion U.S. dollars. The construction market in Saudi Arabia is expected to surpass that of the United Arab Emirates by around 64 percent.
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Market Size and Growth: The construction market in the UAE has experienced steady growth, with a market size of USD 41 million in 2019 and a projected CAGR of 4.26% from 2025 to 2033. This growth is primarily driven by the country's expanding infrastructure, real estate development, and government spending on major construction projects. Key Trends and Drivers: The UAE's construction market is influenced by several key trends and drivers, including the government's Vision 2030 plan to transform the country into a regional hub for trade, tourism, and logistics. This plan has led to significant investment in infrastructure development, including transportation networks, airports, and urban development projects. Additionally, the country's robust economy and increasing population are driving demand for residential and commercial construction. Key drivers for this market are: The Demand for Commercial Spaces, Smart Cities and Sustainable Development. Potential restraints include: Economic Vulnerability to Oil Price Fluctuations. Notable trends are: Rise in Demand from the Tourism Sector.
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After recording a contraction of 10.4% in 2020, GlobalData expects the construction industry to rebound this year, growing by 4.4%, and then register an annual average growth of 3.9% between 2022 and 2025. The hosting of upcoming Expo 2020 (1 October 2021-31 March 2022) has provided some positive support to the industry, while low base effects and pent-up demand will help to generate positive growth when compared to levels of 2020. Read More
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The U.A.E. construction material market will generate USD 16.2 billion in 2024, expected to grow at a CAGR of 3.5%, reaching USD 20 billion by 2030.
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UAE 3D Printed Construction market size valued at USD 0.07 million in 2025 and expected to reach USD 1.1 million by 2034, growing at 35.76% CAGR from 2026-2034.
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UAE Modular Construction market size valued at USD 1.48 million in 2025 and expected to reach USD 2.95 million by 2034, growing at 7.98% CAGR from 2026-2034.
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TwitterIn 2021, it was estimated that there were almost *** million workers employed in the construction sector in the United Arab Emirates (UAE). Several projects and strategies are in the works to stimulate the construction industry, including the Energy Strategy 2050, the Sheikh Zayed Housing Program, and the Dubai Tourism Strategy.
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The GCC construction market is poised for robust expansion, projected to reach approximately $169.30 million by 2025, with a compelling Compound Annual Growth Rate (CAGR) exceeding 5.00% during the forecast period of 2025-2033. This significant growth is propelled by a confluence of factors, including substantial government investments in infrastructure development, particularly in transportation networks and energy projects across nations like Saudi Arabia and the UAE. The ongoing diversification of economies away from oil reliance is fueling extensive commercial and residential construction projects, driven by population growth and an increasing demand for modern living and business spaces. Furthermore, a surge in mega-events and a commitment to sustainable development are creating new opportunities and influencing construction methodologies, emphasizing green building practices and technological integration. Key trends shaping the GCC construction landscape include the adoption of advanced technologies like Building Information Modeling (BIM) and automation to enhance efficiency and reduce costs, alongside a growing emphasis on sustainability and smart city initiatives. The region is witnessing a significant shift towards modular construction and prefabricated elements, streamlining project timelines and improving quality. However, the market also faces certain restraints, such as the volatility in raw material prices, skilled labor shortages in specific domains, and evolving regulatory landscapes that require adaptation. Despite these challenges, the strategic vision for economic diversification and the continuous pipeline of large-scale projects across various sectors – from residential and commercial to industrial and infrastructure – paint a very positive outlook for the GCC construction market in the coming years. This comprehensive report delves into the dynamic GCC construction market, offering in-depth analysis and actionable insights for industry stakeholders. The market, valued at an estimated $185,000 Million in 2023, is projected to witness robust growth driven by ambitious infrastructure development and diversification strategies across the region. Key drivers for this market are: Green And Sustainable Buildings Initiatives, Urbanisation and Tousrism Growth. Potential restraints include: Decliing Crude Oil Prices. Notable trends are: Rising Investments in the Infrastructure Construction Market.
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TwitterIn 2020, the value of construction contract awards for the building sector was worth over **** billion U.S. dollars in the United Arab Emirates. According to projections for 2021, this will increase to **** billion U.S. dollars for the buildings sector.
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The Middle East construction industry, valued at approximately $XX million in 2025, is experiencing robust growth, projected to maintain a CAGR exceeding 3.00% from 2025 to 2033. This expansion is fueled by several key drivers. Significant government investments in infrastructure development, including transportation networks, housing projects to accommodate burgeoning populations, and large-scale tourism initiatives across the region are major contributors. Furthermore, the ongoing diversification of economies away from oil dependence is stimulating investment in commercial and industrial construction. The rising adoption of sustainable building practices and the increasing demand for advanced building materials, such as polymer and specialized metals, are also shaping the market's trajectory. Competition within the market is intense, with both regional and international players vying for market share. Challenges remain, however, including fluctuations in global commodity prices impacting material costs and potential labor shortages in certain skilled trades. The segmentation of the market highlights key opportunities. The residential sector, driven by population growth and urbanization, represents a substantial portion of the market. Similarly, the commercial sector is experiencing expansion due to increased business activity and the development of new business hubs. Material-wise, bitumen continues to hold a significant market share, but the increasing adoption of more durable and sustainable alternatives like polymers and specialized metals indicates a shift towards technologically advanced materials. The geographical spread across the Middle East showcases strong growth potential across various nations, with Saudi Arabia, the UAE, and Qatar leading the way due to ambitious national development plans. This positive outlook suggests that the Middle East construction sector is well-positioned for continued growth, albeit with challenges that require strategic navigation by businesses operating within the sector. Recent developments include: In November 2021, ASSENT, a fully-equipped and highly advanced steel manufacturing company in Dubai and the GCC Region, announced a new contract award from JGC Corporation, a global engineering company. ASSENT will supply 3,500 ton of fabricated steel to Basrah Refinery Upgrading Project in Iraq., In June 2021, Red Sea International Co., a Saudi Arabian public joint-stock company providing specialized prefabricated modular buildings for various real estate and industrial sectors, signed a SAR 52.93 million (USD 14.09 million) contract with Royal Commission for AlUla (RCU) to construct a turnkey housing complex in AlUla. The contract includes the design, construction, supply, and installation of 150 modular, high-quality, and fully-furnished accommodation units on a turnkey basis, which will serve as the housing complex for one of RCU's strategic projects in AlUla.. Notable trends are: Construction Activities Playing a Significant Role in the Construction Sheets Market.
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TwitterThe forecasted construction market growth rate in 2021 among the Middle East and North Africa (MENA) region was the highest for Egypt at *** percent, and the lowest for the United Arab Emirates (UAE) at minus *** percent. Construction across the MENA region was expected to contract by *** percent in 2020.
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Discover the booming Middle East construction market! This in-depth analysis reveals a CAGR exceeding 3%, driven by mega-projects and government initiatives. Explore market size, segmentation, key players, and future trends impacting bitumen, rubber, metal, and polymer construction materials in Saudi Arabia, UAE, and beyond. Key drivers for this market are: 4., Rapid Urabanization4.; Increasing government investments. Potential restraints include: 4., Increasing cost of raw materials affecting the construction industry4.; Slowdown in economic growth affecting the market. Notable trends are: Construction Activities Playing a Significant Role in the Construction Sheets Market.
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The UAE Construction Market Report is Segmented by Sector (Residential, Commercial, and Infrastructure), by Construction Type (New Construction and Renovation), by Construction Method (Conventional On-Site and More), by Investment Source (Public and Private), and by Geography (Abu Dhabi, Dubai, Sharjah, and Rest of UAE). The Market Forecasts are Provided in Terms of Value (USD).