The real estate services market in the United Arab Emirates is entering a new growth phase, with forecasts predicting its value will rise to approximately 97 billion dirhams by 2031. This growth is driven by several factors, including an influx of foreign investments, the expansion of the tourism sector, and the implementation of major infrastructure projects. Dubai, in particular, is experiencing steady demand for both residential and commercial properties. Experts highlight that the country's stable economic policies and favorable investment climate continue to attract international developers and investors. In the coming years, the market is expected to maintain its positive momentum, supported by upcoming exhibitions and events aimed at promoting UAE real estate on a global scale.
UAE Real Estate Market to Grow to AED 97 Billion by 2031
The UAE real estate market is in a new growth phase, expected to reach AED 97 billion by 2031. Driven by foreign investments, tourism, and infrastructure projects.