UAE Residential Real Estate Market Set to Witness Health Growth at a Steady CAGR of 8.4% by 2030, Driven by Growing Development Initiatives

The residential real estate comprises the properties utilized for living purposes, as single-family homes, apartments, condominiums, and townhouses. It plays a significant role in wealth-building, and financial planning, by offering potential for long-term growth. This sector of real estate emphasis housing individuals and families and involves both property ownership and rental agreement. The UAE residential real estate industry is witnessing huge upsurge, owing to the growing spending on infrastructure, relaxed laws for foreign investors, new government initiatives to drive investments, and new project announcements. This growth is also analysed by the recently published report by renowned data analytics and market research firm, Markntel Advisors. According to the comprehensive report, the UAE Residential Real Estate Market size is estimated to grow at a CAGR of around 8.4% during the forecast period, i.e., 2025-30.

"𝑰𝒇 𝒚𝒐𝒖'𝒓𝒆 𝒊𝒏𝒕𝒆𝒓𝒆𝒔𝒕𝒆𝒅 𝒊𝒏 𝒊𝒏𝒔𝒊𝒈𝒉𝒕𝒔 𝒐𝒏 𝒕𝒉𝒆 2025-2030 𝒇𝒐𝒓𝒆𝒄𝒂𝒔𝒕, 𝒓𝒆𝒂𝒄𝒉 𝒐𝒖𝒕 𝒇𝒐𝒓 𝒕𝒂𝒊𝒍𝒐𝒓𝒆𝒅 𝒊𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 𝒕𝒉𝒂𝒕 𝒄𝒂𝒏 𝒉𝒆𝒍𝒑 𝒚𝒐𝒖 𝒏𝒂𝒗𝒊𝒈𝒂𝒕𝒆 𝒕𝒉𝒊𝒔 𝒈𝒓𝒐𝒘𝒊𝒏𝒈 𝒔𝒆𝒄𝒕𝒐𝒓!!!"

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 - https://www.marknteladvisors.com/query/request-sample/uae-residential-real-estate-market.html

" Growing Factors Shaping the UAE Residential Real Estate Industry"

• Increasing preference for large homes with outdoor spaces

• Improving economic conditions and evolving demographics

• Rise of remote working and online learning

• Strategic government regulations and investors initiatives

• Increasing transaction value and investment in UAE's real estate industry

• Providing provision of 5-year and 10-year residency visas to attract foreign capital

• Rising demand for sustainable and smart homes

• Emerging requirement of affordable housing for middle-income earners, young professionals, and expatriates

• Launching new projects that offer high-quality, affordable living spaces well connected to urban amenities

• Availability of attractive financing options

• Stability in political environment across country

• Encouraging R&D investment in real estate sector

" Key Competitors and their Strategic Initiatives Strengthening Industry Growth"

Prominent players essentially contributing in the growth of the UAE residential real estate sector are Dubai Holding LLC, Emaar Properties PJSC, DAMAC Properties, Vincitore Realty LLC, Aldar Properties, Majid Al Futtaim Properties, Deyaar Properties, Azizi Developments, Omniyat, Manazel, and others.

𝐕𝐢𝐞𝐰 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 - https://www.marknteladvisors.com/research-library/uae-residential-real-estate-market.html

Recent Initiatives and Developments by Industry Players

• Emaar Properties PJSC: Emaar Properties (or simply Emaar) is an Emirati real estate development company located in the United Arab Emirates, recently agreed to sell a prime beachfront plot in Murooj Golf Community District, King Abdullah Economic City (KAEC), to Al Bilad Tourism Fund, a Shariah-compliant investment fund regulated by the CMA. In exchange, Emaar will acquire fund units valued at USD 717 million, representing 41.15% of the fund's equity. The fund aims to develop a Rixos Premium resort and exit the investment after 12 years.

• Dubai Holding: Dubai Holding is a global investment and real estate developer recently announced its acquisition of full ownership of The Westin Paris - Vendôme by purchasing Henderson Park's remaining stake in the property. This strategic acquisition enhances Dubai Holding's already extensive portfolio by adding another world-class asset in a prime location. It also aligns with the Group's long-term global expansion strategy, aimed at increasing its presence in key international markets across North America, the Middle East, Europe, and Asia.

" Segmentation Analysis Based on Type and Geography"

- Type Analysis: Apartments and Condominiums Segment to Hold Highest Market Share

The type segment is sub divided into apartments & condominiums and Villas & Landed Houses. Condominiums are a large apartment building in which each apartment is owned separately by the people living in it, and also contains shared areas. Besides, Villas are individual homes which are sold as a single unit. Among both, apartments and condominiums segment is projected to led the industry growth. This is because with rising urbanization and influx of international workers resulted in growing demand for rental properties such as apartments. Additionally, ongoing development of new high-rise complexes and luxury condominiums by leading real estate developers continues to enrich the market.

𝐂𝐥𝐢𝐜𝐤 𝐭𝐨 𝐂𝐨𝐧𝐧𝐞𝐜𝐭 𝐖𝐢𝐭𝐡 𝐎𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 - https://www.marknteladvisors.com/query/talk-to-our-consultant/uae-residential-real-estate-market.html

- Geographical Analysis

This segment is classified as Abu Dhabi & Al Ain, Dubai, and Sharjah & Northern Emirates, these cities are famous for tourism as well as commercial purpose. Amongst all, Dubai capture the substantial growth in overall industry, determined by availability of flourished destinations renowned for their strategic locations and high-quality living standards. The key areas such as Dubai Marina, Downtown, Dubai, and Palm Jumeirah, gained widespread residential investments further results in exponential growth of Residential Real Estate Industry.

"Future Outlook"

As per the report by Markntel Advisors, the UAE Residential Real Estate Market is expected to demonstrate upward graph in terms of growth perspectives, owing to the widespread rising factors. According to these dynamics, the industry players can effortlessly project valuable approaches and therefore, contribute to the exponential growth of the UAE residential real estate market.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

• Oman Residential Real Estate Market - https://www.marknteladvisors.com/research-library/oman-residential-real-estate-market.html

• India Luxury Residential Real Estate Market - https://www.marknteladvisors.com/research-library/india-luxury-residential-real-estate-market.html

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About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

This release was published on openPR.