openPR Logo
Press release

The on-demand home services industry is valued at AED 4 Bn as of 2021. Will UAE be able to continue the growth trajectory? : Ken Research

05-18-2023 11:39 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt .Ltd

The on-demand home services industry is valued at AED 4 Bn as

1. UAE Inflation rate is rising even though there is increasing government incentives to buyers is driving the residential real estate market of UAE, despite the rise in prices

Average prices of houses in Dubai increased by 9.3% in 2021, while average rents increased by 8.3%, as compared to 2020. In 2021, a total of 37,403 new units were delivered. Average prices in Abu Dhabi increased by 1.6% in 2021 while rents in the residential market fell by 1.4%. A total of 5,435 new units were delivered.
Reasons of increasing demand for residential real estate in UAE despite of increasing prices of properties:
Government incentives such as special investor and retirement visas, golden long-term visas, as well as the reduction of the loan-to-value (LTV) for first time homebuyers to 20% by the UAE Central Bank, low interest rates and competitive mortgage products gave a boost to the industry.
Increase in the number of transactions in the residential real estate market, indicates an increase in the demand for On-Demand Home Services in UAE. Cleaning, Repair and Maintenance, Moving in/out services would be in high demand with shift in the number of households.

Industry has evolved from offering home services through classified platforms to providing on-demand home services through marketplaces.

2. 70% marketplaces have adopted Lease type business model to ensure quality services to its customers

To learn more about this report Download a Free Sample Report:- https://www.kenresearch.com/sample-report.php?Frmdetails=NTI0MDUx

Types of business models adopted by Marketplaces to partner with Service Providers

Lease Model -. Around 70-80% of marketplaces are taking up this business model, for example Justlife and Urban Company.
Open Market Model -The marketplace charges a commission to the service providers on each booking made by the customers. For example, Mr.Usta.

 Benefits to service providers for partnering with On-Demand Home Services

They get to promote and sell their services to a huge network of buyers.
Expand their business and grow as a company and earn extra revenue.

Benefits to customers for using On-Demand Home Services

Access to services at home, when there are no local service providers in the vicinity; multiple payment options with data security and safety.
In-app chat with local vendors and get local vendor details.

3. Impact of COVID on demand and user preferences in the On-Demand Home Services Industry in UAE

Visit this Link: - Request for custom report:- https://www.kenresearch.com/ask-customization.php?Frmdetails=NTI0MDUx

Pre-COVID Scenario

Around 70% of households had full time maids/cleaners who would take care of the entire house cleaning.
Individuals preferred going to salons/beauty parlors for beauty services.
Less than 20% of people actually availed these services online through marketplaces.
Repair and Maintenance services contribute only ~10% to the industry.
Majority of the apartments in UAE have fixed maintenance contracts with a particular service provider.
Other services were not that popular in the pre-COVID times. Moving/Packing services has always been in demand but the number of bookings for these services is very low.

Post COVID Scenario

Number of full time maids reduced post COVID; people preferred getting cleaners on demand through marketplaces or service providers.
Also, with increase in the awareness of hygiene and sanitation, demand for cleaning services rose post COVID.
The scenario for Repair and Maintenance services has not changed much as compared to the pre-covid scenario.
Due to the fall in residential house prices/rents during COVID, people have started shifting to bigger houses; leading to increasing in moving/packing services and other home services.

To know more about report visit:- https://www.kenresearch.com/consumer-products-and-retail/consumer-services/uae-on-demand-home-services-industry/524051-95.html

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The on-demand home services industry is valued at AED 4 Bn as of 2021. Will UAE be able to continue the growth trajectory? : Ken Research here

News-ID: 3058219 • Views:

More Releases from Ken Research Pvt .Ltd

Ken Research Stated UAE Lubricants Market to Reached USD 1 Billion
Ken Research Stated UAE Lubricants Market to Reached USD 1 Billion
Comprehensive market analysis maps demand pockets, re-export corridors, and strategic imperatives across automotive, industrial, and marine end-use in the UAE's lubricant ecosystem. Delhi, India - October 6, 2025 - Ken Research released its strategic market analysis titled "UAE Lubricants Market Outlook to 2030," revealing that the current market size is valued at USD 1 billion, based on a five-year historical analysis. The comprehensive analysis details how the market is expected to
India Apparel Market Crosses USD 68 Billion Milestone - Latest Insights by Ken Research
India Apparel Market Crosses USD 68 Billion Milestone - Latest Insights by Ken R …
Comprehensive market analysis maps consumer evolution, retail transformation, and policy-led competitiveness shaping India's apparel ecosystem. Delhi, India - October 6, 2025 - Ken Research released its strategic market analysis titled "India Apparel Market Outlook to 2030," revealing that the current market size is valued at USD 68 billion, based on a five-year historical analysis. The detailed analysis outlines how the market is poised to expand, driven by rising disposable incomes, rapid
Philippines E-commerce Logistics Market - Ken Research Stated the Sector is Valued at USD 1700 million with Strong Growth Potential
Philippines E-commerce Logistics Market - Ken Research Stated the Sector is Valu …
Comprehensive market analysis maps exponential growth trajectory, investment opportunities, and strategic imperatives for industry leaders in the Philippines' rapidly evolving e-commerce logistics ecosystem. Delhi, India - October 6, 2025 - Ken Research released its strategic market analysis titled "Philippines E-commerce Logistics Market Outlook to 2028," revealing that the current market size is valued at over USD 1700 million, based on a five-year historical analysis. The comprehensive analysis details how the market
Budaun & Pilibhit Oncology Market - Ken Research Stated the Sector is Recorded at 8,870 Cases with Strong Growth Potential
Budaun & Pilibhit Oncology Market - Ken Research Stated the Sector is Recorded a …
Comprehensive analysis charts rising incidence, capacity build-out, and investment pathways across two high-potential Uttar Pradesh districts. Delhi, India - October 3, 2025 - Ken Research released its strategic market analysis titled "Budaun & Pilibhit Oncology Market Outlook to 2029," revealing that the current market size is recorded at 8,870 cases, based on a five-year historical analysis. The comprehensive analysis details how the market is expected to expand, driven by rising cancer

All 5 Releases


More Releases for UAE

Ashish Jain, a Renowned Fund Manager Expands into UAE Real Estate in UAE
Dubai - Ashish Jain, a world-renowned fund manager and CEO of Fortune Capital, Fortune Wealth, and the newly launched Alieus Hedge Fund, is stepping into the UAE real estate market as part of his latest strategic expansion. This move marks Jain's entry into the thriving property market, further cementing his reputation as a leader in global finance and innovation. Image: https://www.getnews.info/uploads/9b42e4a62bfaef7aaf02043c03240d75.jpg A Visionary Leader in Finance With over 15 years of experience in
Fitness Equipment Market UAE | UAE Fitness Market Revenue | Member Penetration U …
The fitness services means any service treatment, diagnosis, advice or instruction concerning to the physical fitness, comprising but not restricted to diet, body building, cardio-vascular fitness, or physical training programs and which you function as or on behalf of the named insured. The fitness services market is commonly propelled by the increasing concerns over the healthy lifestyles around the populace throughout the UAE. Growing health awareness concerning the advantages of
UAE Fitness Services Market, UAE Fitness Services Industry, Covid-19 Impact UAE …
A strong growth has been witnessed with a considerable expansion in the number of boutique and budget fitness centers directly contributing to the economy. High Obese and Obesity Rate: Increase in membership rate in UAE fitness centers due to the prevalence of high obese population and obesity rate (Adult obesity in the UAE stood at 27.8% in 2019) has positively affected the market. Growth of Ladies Fitness Center: Opening up
wifi solution in uae
Welcome to MAK, Wifi solutions provider in UAE. We bring everything that you would expect from an internet service provider – a highly professional installation and setup, high internet speed, a reliable network, great technical support and customer service to create a remarkable experience for the users, thereby remaining the most trusted WiFi Solutions provider in Dubai and across UAE. Designing Efficient and Cost Effective Home Wifi Networks Keep the connections to
UAE Nuclear Power Sector UAE Nuclear Power Sales Report
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990 Report Table of Contents 1. UAE Power Sector Scenario 1.1 Existing Power Generation Outlook 1.2 Current & Projected Power Demand 2. Why UAE Energy Policy beyond Oil & Gas? 3. UAE Nuclear Power Sector Overview 3.1 UAE Entering into Nuclear Power Sector 3.2 Nuclear Policy Overview 4. UAE Nuclear Power Sector Dynamics 4.1 Favorable Parameters 4.2 Nuclear Power Sector
UAE Power Sector Analysis
UAE is a rapidly growing economy whose electricity sector needs are anticipated to increase upto 50% in order to meet its growing demand for power, by the year 2020. UAE also has one of the highest levels of per capita power consumption across the globe. The electricity consumption in the UAE region is slated to cross 100 TWh by 2012, putting pressure on the supply side. In fact, the power