The UAE commercial real estate market is expected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing demand for new solutions in terms of enhanced management and rising number of businesses.
Commercial real estate is an asset that is used completely for business-related purposes and to deliver a working area instead of living space that as a substitute creates the residential real estate. Most frequently, commercial real estate is rented to leaseholders to conduct income-producing activities. Spending in commercial real estate commonly requires larger amounts of funds from investors than residential real estate. Publicly traded real estate investment trusts are an achievable mode for those who want to indirectly spend in commercial real estate.
Owning and maintaining rented commercial real estate requires full and constant management by the holder. Property holders may desire to service a commercial real estate management firm to help them manage, find, and maintain renters, manage rents and investing options, and organize property conservation and marketability.
The commercial real estate in the UAE is inviting sturdy investor attention and it is estimated that the country can again re-establish itself as a widely held property terminal post EXPO 2020. The investment under rare assets classes are achieving reputation. For instance, companies are hiring and sales back deals through which vendors shift off real estate then occupy that on rental basis to open up capital, malleable office working by enterprises, and setting up real estate investment trust.
Dubai introduced One Free Zone Passport that permits companies to spread their operation to land in Dubai. DMCC, DWTC DAFZA, and DIFC are the free zones that allow to sign contracts with the Department of Economic Development to offer dual-licenses. Many industries are purchasing commercial properties to operate industries. Companies are increasingly setting up a hub in Dubai as it’s the safe option. Dubai already has a global hub and easy to manage settings that make it seamless place for businesses.
The report on the UAE- commercial real estate market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes | Details |
Report Title | Commercial Real Estate Market - UAE Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year | 2020 |
Historic Data | 2018–2019 |
Forecast Period | 2021–2028 |
Segmentation | Types (Industrial, Multi-family, Offices, Logistics, Hospitality, and Retail) |
Country | The UAE |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report | Deyaar; Aldar Properties; Jabal Omar Development Company; RAK Properties; and Nakheel Properties |
On the basis of types, the market is segregated as industrial, multi-family, offices, logistics, hospitality, and retail. The offices segment is expected to constitute a key share of the market during the projected period owing to rising amount of fresh initiatives is driving the segment growth. Growing demand for small units with semi-furnished space is estimated to propel the growth of the offices segment.
The retail segment is estimated to exhibit a high CAGR during the forecast period. Various companies are entering the UAE retail market to leverage their market share. For instance, the rising number of hypermarkets and convenience stores is increasing the UAE retail market share.
Segments Covered in the Report
The UAE commercial real estate market is segmented on the basis of:
Types
Country
Key Players
The key players competing in the UAE commercial real estate market are Deyaar; Aldar Properties; Jabal Omar Development Company; RAK Properties; and Nakheel Properties.
Segments Covered in the Report
The UAE commercial real estate market is segmented on the basis of:
Types
Country
Key Players
The key players competing in the UAE commercial real estate market are Deyaar; Aldar Properties; Jabal Omar Development Company; RAK Properties; and Nakheel Properties.
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