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The UAE Construction Market Report is Segmented by Sector Into Commercial Construction, Residential Construction, Industrial Construction, Infrastructure (transportation) Construction, and Energy and Utility Construction. The Report Offers Market Size and Forecast for the UAE Construction Market in Terms of Value (USD) for all the Above Segments.
In 2021, the forecast value of construction output in the United Arab Emirates was worth 9.45 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.
In 2020, the value of construction contract awards for the building sector was worth over 13.7 billion U.S. dollars in the United Arab Emirates. According to projections for 2021, this will increase to 14.9 billion U.S. dollars for the buildings sector.
This statistic shows the revenue of the industry “construction“ in United Arab Emirates from 2012 to 2019, with a forecast to 2024. It is projected that the revenue of construction in United Arab Emirates will amount to approximately 37,0 billion U.S. Dollars by 2024.
The statistic shows the number of construction sector employees in Abu Dhabi emirate in 2017, by enterprise size. In that year, the total number of construction sector employees at large enterprises in the emirate of Abu Dhabi was 531,943.
In 2021, it was estimated that there were almost 1.6 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.
This statistic shows the revenue of the industry “construction“ in Saudi Arabia by segment from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of construction in Saudi Arabia will amount to approximately 56,2 billion U.S. Dollars by 2024.
In 2020, the actual value of construction contract awards in the United Arab Emirates was 24.7 billion U.S. dollars due to the corona effect. The initial projection for construction contract awards for 2020 in the UAE was 43.5 billion U.S. dollars.
The number of construction sector employees in the emirate of Dubai in the United Arab Emirates (UAE) was about 656.3 thousand in 2019. Wholesale and retail sector was the largest contributor to the gross domestic product (GDP) of the emirate in 2021
The forecasted construction market growth rate in 2021 among the Middle East and North Africa (MENA) region was the highest for Egypt at 7.7 percent, and the lowest for the United Arab Emirates (UAE) at minus 4.8 percent. Construction across the MENA region was expected to contract by 4.5 percent in 2020.
The number of construction workers of buildings in the emirate of Dubai in the United Arab Emirates exceeded 270 thousand in 2020. The total value of construction output in the emirate was about 80.5 billion dirhams in that year.
The value of construction output of buildings in the emirate of Dubai in the United Arab Emirates exceeded 40.5 billion Emirati dirhams in 2020. The total value of construction output in the emirate exceeded 80.5 billion dirhams in that year.
In 2019, the construction sector accounted for the highest number of employed persons in the United Arab Emirates (UAE) at around **** million, followed by the wholesale and retail trade, repair of motor vehicles, motorcycles, and personal and household goods sector at around *** million. The UAE economy The UAE is one of the Middle East region’s largest economies. Its gross domestic product (GDP) was forecasted to reach around ** thousand U.S. dollars per capita in 2024. The service sector continued to account for the largest share of the GDP in 2019. Understanding the need to reduce reliance on revenues from petroleum and natural gas, the country has adopted plans to create a sustainable and diversified economy. Housing sector future By 2022, the UAE was forecasted to have the second largest demand for housing units in the Gulf Cooperation Council. The growing construction of villas in the UAE has driven the growth of the smart homes market in recent years, which was also forecasted to continue growing by 2022.
The number of trade and repair services registered at the Ministry of Human Resources and Emiratization in the United Arab Emirates (UAE) was 129 thousand in 2018, while the number of registered entities in the building and construction sector was 65 thousand in that year.
The value of compensation of building construction workers in the emirate of Dubai in the United Arab Emirates was approximately 9.6 million Emirati dirhams in 2020. In that year, the number of construction workers of buildings in the emirate exceeded 270 thousand.
In 2023, the number of commercial vehicles sold in the Kingdom of Saudi Arabia amounted to around 113 thousand. In comparison, about 16.5 thousand commercial vehicles were sold in Kuwait that year. Saudi Arabia and Israel were the only two counties to see an increase in commercial vehicle sales over the previous year during this period.
As of 2024, Saudi Arabia had the largest value of known planned and unawarded construction projects in the Middle East and Africa region, worth an estimated 1.136 trillion U.S. dollars. The construction market in Saudi Arabia is expected to surpass that of the United Arab Emirates by around 64 percent.
This statistic displays the distribution of employment in the United Arab Emirates in 2014, by economic sector. In this year, the construction and building industry accounted for approximately 19.55 percent of the total employment in the UAE.
In the third quarter of 2021, the hourly wage of a mechanical, electrical, and plumbing (MEP) foreman in Saudi Arabia amounted to ** U.S. dollars, the highest among the selected jobs in the construction industry in four listed Middle Eastern countries. Meanwhile, construction skilled laborers received far lower hourly wages, at only *** U.S. dollars in Qatar and *** U.S. dollars in Bahrain. Labor force of the construction industry The construction sector accounted for one of the largest shares of employees in the Middle East and North Africa (MENA) region, along with the agriculture and trade sectors. As of 2020, the overwhelming majority of jobs in the region’s construction sector were occupied by male workers. In Saudi Arabia in 2019, the average monthly wage for a construction worker was ranked the lowest among its main industries. Labor participation in MENA In 2019, the labor participation rate of the MENA region stood below ** percent. Female participation in the labor force is much lower than male participation. The participation rate of the female population in MENA was also lower than the global average. Although the region has witnessed an increasing female enrollment ratio for tertiary education, improved education and employment opportunities among women seem to have not reflected in female participation in the workforce.
In 2020, technical and skilled workers made up most of the workforce in the United Arab Emirates (UAE), accounting for nearly *** million employees each. In comparison, the total number of limited skill workers in the country amounted to approximately *** thousand in that same year. UAE labor force According to the UAE’s most recent occupational classification scheme, over *** current job titles shall be categorized into nine professional levels and five presented skill levels. Level One represents highly-skilled specialists, and Level Five lower-skilled employees. In terms of economic sectors, construction and wholesale-retail trade accounted for the highest number of employees across the country in 2019. Meanwhile, the UAE workforce was relatively young, with the majority aged between 25 and 39. Female participation in the workforce As of 2019, there were reportedly over **** million male employees in the United Arab Emirates, almost nine times the number of female employees across the country that year. While the UAE had a higher female participation rate than the 2019 global average, the labor participation rate amounted to only around ** percent for female Emiratis, compared to over ** percent for their male counterparts.
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The UAE Construction Market Report is Segmented by Sector Into Commercial Construction, Residential Construction, Industrial Construction, Infrastructure (transportation) Construction, and Energy and Utility Construction. The Report Offers Market Size and Forecast for the UAE Construction Market in Terms of Value (USD) for all the Above Segments.