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Construction and real estate

Growing economic momentum

The UAE is currently the region’s second-largest construction projects market, with over US$356 billion (AED1.3 trillion) in private real estate developments, ongoing public housing and building projects. The sector is set for continued growth, anticipated to reach US$50.40 billion (AED185.12 billion) by 2029.

This growth is a testament to Dubai's rise as the 'city of the future', a pivotal gateway to the world's fastest-growing markets and a premier destination for investment and development.

60% of Dubai's land area

will comprise nature reserves & rural areas by year 2040.

+16% year-on-year price rise

in Dubai's property market, second fastest worldwide.

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