UAE Residential Real Estate Market to Grow at a CAGR of 5.30% during 2024-2032
Residential Real Estate Market in UAE 2024: How Big is the UAE Residential Real Estate Industry? The UAE residential real estate market size is projected to exhibit a growth rate (CAGR) of 5.30% during 2024-2032 . The market is thriving due to economic growth, urbanization, foreign investments, and government initiatives promoting development. Report Attribute Key Statistics Base Year 2023 Forecast Years 2024-2032 Historical Years 2018-2023 Market Growth Rate (2024-2032) 5.30% UAE Residential Real Estate Market Trends and Drivers: The UAE residential real estate market is experiencing rapid growth, driven by robust economic development, urbanization, and government initiatives aimed at diversifying the economy beyond oil. Key investments in infrastructure and real estate projects, such as the Dubai 2040 Urban Master Plan, are focus...