UAE Residential Real Estate Market Outlook 2024, Share, Size, Key Players and Forecast By 2032

Residential Real Estate Market-UAE 

Market Statistics

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 5.30% (2024-2032)

The UAE residential real estate market is growing due to population increase, economic diversification, and attractive property investment opportunitie. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 5.30% from 2024 to 2032.

Download sample copy of the Report: https://www.imarcgroup.com/uae-residential-real-estate-market/requestsample                     

UAE Residential Real Estate Market Trends and Drivers:

  • Urbanization and Population Growth: Expanding urbanization and a rising population, particularly in major cities like Dubai and Abu Dhabi, are key drivers of the UAE residential real estate market's growth.

  • Government Initiatives: Government policies, including long-term visas for investors and professionals, have boosted demand for residential properties, attracting both expatriates and foreign investors.

  • Post-Pandemic Recovery: The post-pandemic recovery has sparked renewed interest in homeownership, with buyers seeking larger living spaces and outdoor amenities.

  • Flexible Payment Plans and Low Interest Rates: The availability of flexible payment plans and reduced interest rates is encouraging more individuals to invest in residential real estate.

  • Sustainable and Smart Homes: A growing trend in the market is the shift towards sustainable and smart homes, with developers incorporating eco-friendly materials, energy-efficient designs, and smart home technologies.

  • Green Building Practices: This focus on sustainability aligns with the UAE's broader efforts to promote green building practices, further boosting market growth.

  • Luxury Residential Projects: High-net-worth individuals are increasingly drawn to luxury residential projects offering premium amenities like wellness centers, concierge services, and private pools.

  • Digital Tools for Property Transactions: The adoption of digital tools for virtual property tours and online transactions is transforming the buying process, making it more convenient and accessible for local and international buyers.

  • Future Outlook: These factors are expected to continue driving the UAE residential real estate market's growth over the forecast period.

UAE Residential Real Estate Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest UAE residential real estate market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.

Type Insights:

  • Condominiums and Apartments
  • Villas and Landed Houses

Regional Insights:

  • Dubai
  • Abu Dhabi
  • Sharjah
  • Others

Request for customization: https://www.imarcgroup.com/request?type=report&id=23517&flag=C

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

134 N 4th St. Brooklyn, NY 11249, USA 

Email: sales@imarcgroup.com 

Tel No:(D) +91 120 433 0800 

United States: +1-631-791-1145

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