Saturday, June 10, 2023

Email id:, Contact Us : +91-9871552944

Home Manufacturing And Construction Approx. 123,000 real estate transactions were registered in the emirate in 2022....

Approx. 123,000 real estate transactions were registered in the emirate in 2022. Will the number of real estate transactions will keep on growing? : Ken Research

  1. The Impact of Tourism in the UAE Real Estate Market


UAE Real Estate Market

Tourism has played a significant role in the GDP of UAE ever since. In 2017, the contribution of travel and tourism to the overall GDP of the country was recorded at AED 68.5 Bn which comes out to be 5.2% of the total GDP of UAE.  The market is forecasted to rise by 4.9% per annum to AED 264.5 Bn which would be 12.4% of GDP in 2027.The travel and tourism sector directly generated 317,500 jobs in the UAE which is 5.4% of total employment. This is further expected to rise by 2.4% per annum to 410,000 jobs which would be 5.9% of total employment in 2027.


  1. Fall in rent are creating opportunities for large space owners to lease to Co-working offices.

                              UAE Hotel Real Estate Market
                          DOWNLOAD SAMPLE REPORT

 Due to continuous fall in the rents across the Emirate, there are numerous opportunities for large space owning landlords who are struggling to lease out their property. These spaces are now considered ideal for the co-working industry as they look to take advantage of spaces in the range of 7,000 sq ft to 50,000 sq ft within close proximity to transport, hotels and main amenities.

Based on global growth in co-working space, it is anticipated that UAE will experience an addition of co-working space between 320,000 square feet to 530,000 square feet in the upcoming years.

The success of co-working spaces stems from accommodating varied businesses; from start-ups and freelancers to blue-chip companies in the Emirate by offering flexible operating environment.

The majority of co-working space providers intends to enter into a partnership or managerial agreement with the landlords as entering in to a joint venture limits their risk in economic downturns as they are not accountable for a huge capital, which is rent.


  1. Government Initiatives and Regulations in the UAE Real Estate Market.

 Initiatives such as the UAE central bank mortgage cap, approval of the Dubai Urban Planning Framework and consolidation of real estate players in Abu Dhabi helped towards tightening control on market conditions. While initiatives such as regulation on housing allowances for Abu Dhabi government employees, announcement of government back projects and AED 330 Billion stimulus package in Abu Dhabi stimulated real estate demand and market performance.

The government imposed a new rental decree in 2014 which allowed the rents to be increased by 5% only if they are 11% below the market rate for that area rather than 26% as determined by the RERA’s rental index. The law was applicable to private and public sector owned properties in Dubai, as well as those within the free zones.

During 2013, Dubai was named the world’s strongest housing market given the city’s status as a safe haven with improved consumer and investor confidence.


 Key Segments Covered

UAE Real Estate Market

By Geography:

  • Dubai
  • Abu Dhabi
  • Ajman
  • Sharjah
  • Fujairah
  • Umm-Al-Quwain
  • Ras-Al-Khaimah

UAE Office Real Estate Market

By Type:

  • Premium Office
  • Type A Office
  • Type B Office

UAE Retail Real Estate Market

By Type:

  • Super-Regional Mall
  • Regional Mall
  • Community Center
  • Neighborhood Center
  • Convenience Center
  • UAE Residential Real Estate Market

By Type:

  • Apartments
  • Villas
  • UAE Hotel Real Estate Market

By Type:

  • 1-3 Star Hotels
  • 4 Star Hotels
  • 5 Star Hotels
  • Hotel Apartments (Deluxe/Superior/ Standard)

Key Target Audience

  • Real Estate Developers
  • Independent Investors
  • Real Estate Consulting Companies
  • Third-Party Real Estate Companies
  • Independent Architects
  • Industry Associations
  • Government Agencies

Time Period Captured in the Report:

  • Historical Period – 2013 – 2018
  • Forecast Period – 2019F – 2025F

Contact Ken Research:
Ankur Gupta
Head Marketing and Communications



The supply in China flexible workspace market has been growing at a CAGR of about 35% in 2019- Which Factors can make the industry...

Buy Now Listing flexible workspace brand on broker and aggregator portals can ensure targeting the right individuals, says a report by Ken Research 1. Emerging trend...

Building New India: can government initiative & FDI inflow catapult the construction chemical market to INR 11000 Cr by 2025?

An FDI Inflow of over INR 25 Bn & Smart City Mission are some of the factors serving as catalyst in the Indian Construction...

Global Exoskeleton market is expected to reach ~USD 2500 Mn by 2028F: Ken Research

Buy Now Global Exoskeleton Market By Geography The Global Exoskeleton market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America accounted for the...

Most Popular

Malaysia Unorganized Automotive Aftermarket Services Market Poised to register a CAGR of over 11% during the period 2020-25. Will the projections justify growth?

91% of the market is captured by unorganized independent garages which offer personal touch, flexibility, convenience and economic services to the customer: Ken Research 1....

سوق الخدمات اللوجستية في المملكة العربية السعودية مدفوع بزيادة الطلب على صادرات النفط والغاز بشكل رئيسي عن طريق البحر وازدهار قطاع التجزئة والتجارة الإلكترونية...

Buy Now التحول نحو القطاع غير النفطي: تمتلك المملكة العربية السعودية حوالي 17٪ من احتياطيات النفط المؤكدة في العالم. يمثل قطاع النفط والغاز حوالي 50٪...

ارتفاع القدرة الشرائية لأولياء الأمور في الإمارات العربية المتحدة مدعوما بالسعي المتزايد للتعلم التجريبي قد دفع نمو السوق: كين للأبحاث

Buy Now تزال صناعة أدوات الأنشطة وكذلك صناعة التعلم الإلكتروني في الإمارات العربية المتحدة في مرحلتها الوليدة ولم تكتسب الصناعتان معا وتيرة إلا بعد عام...

In 2021, the market size of (B2B) E-Commerce was worth over USD 5 Bn in India. Will India be able to stand on this...

Buy Now 1. Growth of B2B Start-ups in India. Trends and Developments in Indian Online B2B Industry (4,650) of Total Online Startups in 2019 provide B2B...