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Home»Business»UAE actual property sector to hit $759bn by 2029 amid Dubai and Abu Dhabi property growth
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UAE actual property sector to hit $759bn by 2029 amid Dubai and Abu Dhabi property growth

VernoNewsBy VernoNewsSeptember 23, 2025No Comments3 Mins Read
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UAE actual property sector to hit 9bn by 2029 amid Dubai and Abu Dhabi property growth
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The UAE actual property sector is on observe for a record-breaking yr in 2025, consolidating its position as a key engine of financial development.

Buoyed by international direct funding, off-plan launches, rental stability and authorities initiatives, Dubai and Abu Dhabi posted double-digit gross sales development whereas international forecasts put the market’s worth at practically $693bn by year-end.

In line with the newest worldwide experiences, the market is sustaining robust momentum in 2025, fuelled by international direct funding, enlargement of off-plan initiatives, and authorities initiatives to reinforce the funding attraction of the sector.

UAE actual property: Dubai and Abu Dhabi efficiency

A report by JLL revealed that off-plan properties dominated gross sales transactions in each Dubai and Abu Dhabi within the first half of the yr.

Dubai’s property gross sales reached AED153.7bn ($41.9bn) within the second quarter, up 44.5 per cent year-on-year. In Abu Dhabi, common gross sales costs rose 12.1 per cent over the identical interval.

The report famous continued energy in off-plan properties, backed by round 32,400 residential items underneath development throughout each cities within the second half of 2025.

Demand remained resilient, confirming the market’s capability to fulfill housing wants.

Rental exercise additionally stabilised, with tenants favouring renewals. Abu Dhabi recorded a 9.4 per cent year-on-year rise in lease contracts in Q2, whereas Dubai noticed an 11.5 per cent enhance in whole residential leases.

Gross sales transactions adopted an analogous sample:

  • Abu Dhabi posted a 9.1 per cent enhance in whole gross sales, together with 32.6 per cent development within the secondary market
  • Dubai recorded a 22.8 per cent rise in whole gross sales and a 17.1 per cent enhance in secondary gross sales

Workplace market enlargement

Abu Dhabi’s workplace inventory elevated by 78,000sq m within the second quarter to achieve 4.6million sq. metres, with one other 66,000sq m anticipated by year-end.

Dubai added 24,000sq m, bringing its whole to 9.3 million sq. metres, with 264,000sq m of premium house in Dubai Worldwide Monetary Centre scheduled for supply in 2026.

Statista initiatives the UAE actual property market will attain $693.53bn by the tip of 2025, led by the residential section at $401.81bn.

The sector is forecast to increase at an annual development fee of two.28 per cent via 2029, reaching $759.04bn.

Excessive-net-worth people proceed to drive demand for luxurious properties, reinforcing the UAE’s place as a worldwide funding vacation spot.

Mordor Intelligence estimated the UAE actual property companies market at $18.45bn in 2025, with enlargement to $24.75bn by 2030 at a compound annual development fee of 6.05 per cent.

Development is being pushed by international funding, logistics demand, and new information centre and premium housing initiatives.

The report additionally highlighted Ras Al Khaimah as poised for the best development charges within the coming years, underscoring the range of alternatives throughout all emirates.

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