A number of experts and real estate professionals in the UAE expressed their expectations that the sector will continue to achieve more outstanding performance in 2025, explaining that many factors have helped support the growth of the real estate sector, most notably the growth of the economy, stability and security enjoyed by the country, in addition to the encouraging government initiatives that supported the sector and enhanced confidence in it.
They stressed that the real estate sector achieved positive performance and continuous growth in 2024, especially with the continued demand for purchasing and owning real estate, and the launch of quality projects that have received great interest and demand from investors and end users, and this has helped real estate development companies succeed in selling their projects within a short period.
They pointed out that next year will witness an increase in demand for quality and luxurious projects, and the continuation of attracting the wealthy, businessmen and investors for the purpose of working and residing in the country, especially in Dubai, Abu Dhabi and Ras Al Khaimah.
Dr. Ali Al Ameri, Chairman of Al Shomoukh Group, said: “In general, the real estate sector in the UAE is expected to be strong, as this sector is considered one of the main pillars of the national economy, and has witnessed a distinguished performance in recent years, including 2024.” He added: “As for evaluating the performance of the real estate sector in 2024, this sector in the UAE has witnessed a significant increase in demand for purchasing and owning real estate, especially in major cities such as Dubai and Abu Dhabi, and multiple factors have contributed, such as the growth of the national economy, stability and security, the increase in population, as well as supportive government initiatives, such as golden residencies and freehold programs.” Al Ameri continued: “Many new real estate projects have been launched, catering to the needs of different categories, whether luxury or medium, as the real estate market has witnessed development in smart and sustainable communities, which enhances the attraction of investors.
He stated that the UAE has attracted more foreign investments in the real estate sector, driven by flexible legislation and an attractive tax environment.
Regarding the expectations for 2025, Al Ameri responded: “It is difficult to predict accurately, but we may witness some changes, such as a change in the pace of launching projects, so that they focus on the quality and details of services more than quantity, and a focus on quality and attention to detail rather than speed and quantity, as well as price stability, as prices may witness stability or a slight increase, instead of a continuous increase.
Al Ameri added: “I believe that it is possible to increase the demand for luxury real estate, as the UAE will continue to attract wealthy people from around the world, especially in Abu Dhabi, Dubai, and Ras Al Khaimah.. The coming period will also witness the launch of more projects that focus on technology, sustainability, and meeting the needs of the growing population.” He said: “The sector may face challenges such as increased supply, which may affect real estate prices, but the current balance between supply and demand remains positive.
He concluded by saying: “The real estate sector in the UAE achieved remarkable success and sustainable growth in 2024, and it is expected that the sector will continue its positive momentum in 2025, with the launch of more real estate projects, and benefiting from national strategies to enhance investment and growth.”
Qualitative Projects
Amin Al-Qudsi, CEO of Nationwide Middle East Real Estate, stated that the real estate sector in the country, during 2024, maintained its investment attractiveness and achieved significant returns, with an increase in demand for purchasing and owning real estate for investment or final use.
Al-Qudsi explained that the real estate sector in the country recorded the launch of more new qualitative projects, which were met with great demand from investors, businessmen and capitalists, which pushed real estate prices to rise further, due to the continued demand and the arrival of new groups of investors for the purpose of residing in the country and starting their businesses from it, thanks to its active, stable and safe business environment.
Al-Qudsi stated that Dubai, Abu Dhabi and Ras Al Khaimah have attracted the greatest attention from investors and end users thanks to the qualitative projects that were launched, as well as the imminent entry of huge qualitative projects that will contribute to changing the landscape of the real estate sector in the country.
Amin Al-Qudsi stated that the UAE has succeeded in becoming the best destination for residence and purchase of luxury real estate by wealthy businessmen and investors, who have come to it, especially in light of the various circumstances witnessed by the region and the world, as the UAE enjoys an advanced infrastructure in various fields, which has contributed to a significant and noticeable increase in the volume of real estate sales and transactions in the country, explaining that this is due to the initiatives of the wise leadership and the incentive and motivational packages that were launched to support investors and continue their business.
The Executive Director expressed his expectations that the real estate sector in the country will record further growth in demand for real estate in 2025, thanks to the confidence of residents and foreigners in the real estate sector and their desire to reside in the country and practice their own businesses and activities, or with the trend of many tenants of apartments and residential units in the country to purchase real estate, for the purpose of ownership and residence for the purpose of final use.
Al-Qudsi explained that the prices of residential units in the UAE are the most competitive, compared to real estate prices in various countries of the world, pointing out that there are many incentives offered by real estate development and marketing companies, which will stimulate the market and push it towards further growth. Great demand
Abdul Rahman Al Shaibani, Chairman of the Board of Directors of Manabi’ Real Estate Company, said: “The performance of the real estate sector in 2024 was very distinctive, as it witnessed the launch of large, giant and diverse projects at the state level, and recorded an unprecedented demand for purchasing in various projects, whether from investors and buyers within the state or new investors from outside the state, which in turn reflected a clear picture and gave great confidence to the real estate sector in the state, due to the great demand for purchasing.
Al Shaibani added: “We expect increased growth during the coming year, due to the launch and sale of a large number of projects within the state, during 2024. Demand is still there, and this in turn will lead to the launch of new and diverse projects during the coming year, which will increase growth and prosperity, and will contribute to driving the national economy.”
Global reputation
Businessman Hamad Al Awadhi says: “In light of the geopolitical changes and fluctuations in the region, the UAE witnessed significant growth in purchasing and owning real estate, as the state enjoyed a global reputation, especially after the end of the global pandemic, and became a destination for the wealthy, businessmen and investors from all over the world.”
Al-Awadhi added: “The legislative environment in the country has succeeded in attracting investors and capitalists and encouraging them to buy and own real estate, especially in light of the circumstances witnessed in Europe and the region, which has made the UAE a preferred destination for living, residing, settling, and launching projects and businesses.”
He explained that the imposition of high taxes by many countries on investors has made it a repellent environment for investors looking for a destination with low costs and taxes, and has made them head to the UAE to benefit from the active business environment it provides and encourages work and investment. He said: “The UAE, with its strategic location, advanced infrastructure, and legislation, has contributed to attracting foreign investments and encouraging investors to buy and own real estate for the purpose of settling and working.” He expressed his expectations that the real estate market in the country will record stability in 2025 and 2026, with the delivery of many new projects and their entry into the market, noting that the occurrence of some problems in the region or the world may prompt many investors to come to the country for the purpose of residence and work, which will increase demand for real estate.
Remarkable growth
Dr. Ayoub Al Faraj, President and Partner of Coldwell Banker in Abu Dhabi, said: “The real estate sector in the UAE witnessed strong performance and remarkable growth during 2024, against the backdrop of continued demand for residential and commercial properties. The most prominent features of this growth were the increase in demand for purchasing and owning real estate, the UAE’s attraction of foreign capital and investors, thanks to freehold laws, and the increase in demand for luxury properties and furnished apartments in vital areas, such as Dubai and Abu Dhabi, in addition to the increasing investments of citizens and residents in real estate as a safe haven.”
Dr. Al Faraj added: “Many developers have also launched huge projects, especially in Dubai and Abu Dhabi, with the aim of meeting the growing demand.” He explained that real estate prices have witnessed an increase, especially in luxury sectors, in addition to rising rental rates with the increase in demand for housing in urban areas.
He touched on the importance of government support and stimulating legislation through initiatives such as the golden residency and flexible economic policies, which have enhanced the attraction of investors.
Regarding the real estate sector’s expectations for 2025, Al Faraj replied: “The sector is expected to continue to grow at a strong pace, supported by factors such as continued demand with the increasing desire of individuals and institutions to own real estate, and attracting more investors, thanks to economic and political stability, in addition to launching new projects, as we are likely to see more luxury and integrated residential projects to meet demand.
He expressed his expectations that future projects will focus on the use of technology and sustainable construction.
He concluded by saying: “Thanks to the state’s future plans and economic vision, the real estate sector is expected to continue to grow with strong momentum in 2025, especially in light of the increasing demand from the upper classes of investors and the increase in foreign and local investments.
New opportunities
Fatima Mamkalo, Public Relations Manager at Al Hamra Real Estate Company, said: “The real estate sector witnessed remarkable developments in 2024, making it a fundamental pillar of the national economy and one of the main drivers of growth. With the increasing demand for residential and commercial real estate, new opportunities have emerged that have contributed to enhancing economic activity in general.
She added: “The year 2024 was marked by a strong performance in the real estate sector, thanks to several key factors such as increased demand for real estate, as demand for buying and owning real estate witnessed a significant increase, driven by population growth and increased interest from local and international investors in investing in the real estate sector. Financing and banking facilities also played an important role in facilitating purchases, making ownership a more attractive option compared to renting.
She stated that demand for luxury real estate and high-quality residential units increased, which contributed to enhancing the market value of the sector, noting that the huge real estate projects launched by the government and the private sector contributed to providing diverse options for investors and residents, in addition to improving infrastructure and facilities.
The Public Relations Manager explained that the rise in rental prices in some areas prompted many residents to move towards ownership as a long-term option, and with the increasing confidence of investors in the real estate market, the sector has become a preferred destination for local and international capital. She expressed her expectations for continued growth in the real estate sector in 2025, with new developments that may enhance its economic position, such as launching more real estate development projects and investing in sustainable real estate, in addition to the increase in demand for commercial and office real estate.
She concluded by saying: “The real estate sector in 2024 represents a successful model for an economy that is developing and growing sustainably. With positive expectations for 2025, it seems that the sector is poised to continue playing its vital role as a major driver of economic development, and with continued innovation and investment, real estate will remain one of the most important and safest investment assets in the future.
Khalifa Al Muhairbi: UAE real estate leads the world
Dr. Khalifa Saif Al Muhairbi, Chairman of the Board of Directors of the Arabian Gulf Investment Company, confirmed that UAE real estate has captured global attention in 2024, whether in terms of investors and capital owners’ interest in purchasing for the purpose of investment and achieving profitable returns, or by end users who prefer to own real estate instead of renting it.
Dr. Al Muhairbi appreciated the support of the wise leadership, which continues to achieve more accomplishments, which supports various economic sectors, most notably the real estate sector, which contributes significantly to driving economic growth in the country and achieving lucrative returns for investors. Dr. Al Muhairbi explained that the real estate sector in the country has succeeded in maintaining its strength and durability in 2024
Carlos Wakim: Continued investment and ownership
Carlos Wakim, CEO of Bloom Holding, confirmed that the UAE continues to strengthen its position as a leading destination for stability and investment, thanks to the safe environment and sustainable economy, which supports investor confidence and helps them in long-term planning.
Wakim said: “The UAE real estate market is one of the most important markets in the world, and we expect the demand for buying and owning real estate to continue in the coming period, due to the progress witnessed by the country in various fields, especially in the real estate investment and development sector. Rental prices are expected to witness a moderate increase in the coming year, driven by the continued demand resulting from the increase in the number of new residents.”