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RESIDENTIAL CONSTRUCTION IN THE UAE

TO 2019 : MARKET FORECASTS


Ken
Research
Pvt.
Ltd.
Research
Pvt.
Ltd.
Ken

Contribution of Residential Construction to GDP in the UAE


The construction segment
made up for approximately
11% of the UAEs GDP in
2015
In 2011, there were 46
construction projects
declared in the UAE
amounting to about USD 625
billion
This industry will display a
sustainable growth for the
years to come and will cater
to the UAEs increasing
residents

Construction as a Percentage of GDP

(Percentage)

Construction as a percentage of
GDP

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Growth of Residential Construction in the UAE

Low and
stable
inflation
rate

High
GDP
Growth
rate

Factors
responsible
for growth of
Residential
Construction
in the UAE

Upsurge
in
expatria
te
populati
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Increasi
ng
populati
on
growth
rate

SWOT Analysis

WEAKNESSES
WEAKNESSES

Still
on on
its way
Still
itsto recovery after the
Global Financial Crisis of 2008 and is
way
to
endeavoring
to reach pre-crisis level
Excess
supply of residential units in the
recovery
economy leading to postponement of
after
new residential construction projects
the Global
Financial
Crisis

-Stable industry prone to minor setbacks


-Major segment of the UAEs construction
industry
-Making eforts to tap environmentally
conscious consumers like Dubais TSC
project

STRENGTHS

SWOT
ANALYSIS
OPPORTUNITIES

No scope of improvement in the short


run due to reduction in rental rate and
increasing vacancy rates
Possible scope of losses for existing
players

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THREATS

OPPORTUNITI
ES

Ease of doing Business ranking


improvement
Popular destination
for business and
Ease
of doing
leisure
rank
is
Momentous business
growth expected
because
of high population growth rate and GDP
growth rateimproving
in the long run

Major Players in Residential Construction Market of the


UAE

EMAAR PROPERTIES PJSC


One of the worlds biggest construction companies and is listed on
Dow Jones Arabia titans Index
Known for building Burj khalifa in Dubai, United Arab Emirates

ALDAR PROPERTIES PJSC


Second largest real estate developer by Assets in the Gulf
Projects to build a Ferrari based theme park in Abu Dhabi

NAKHEEL PROPERTIES PJSC


It is a government owned company and cut throat competition
exists between Nakheel and Emaar Properties in Dubai for projects
in the residential sector
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Government Regulations
Owns
Owns real
real estate
estate
companies
companies like
like
Nakheel
Nakheel PJSC
PJSC to
to
ensure
objectives
objectives are
are in
in
line
line with
with that
that of
of
the
the economy
economy

The UAE government


allows the non UAE
nationals to have
freehold or leaseholds in
certain areas of the
country that successfully
brings in more foreign
capital
Incentives for real
estate developers are
enhanced by ofering
them visa from six
months up to three years
in duration

Role of
Government
in the
Residential
Constructio
n Industry
Makes
Makes the
the
regulations
regulations
more
more user
user
friendly

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Continues to
back the
back
the sector
sector
with
with liquidity
liquidity
and
and legislation
legislation
when
when needed
needed

Scope of the Report

Overview of the residential construction industry in the United Arab Emirates

Historic and forecast market value for the residential


construction output and value-add methods for the period

Historic and forecast market value by construction activity (new construction, repair
and maintenance, refurbishment and demolition) across the residential construction
industry for the period 2010 through to 2019

Considering the macroeconomic scenario, its population composition, governmental


regulations and the structure and dynamics of the industry, this segment
undeniably promises well anchored, structured and withstanding growth prospects
till 2019.

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Pvt.
KenResearch
Research Pvt.
Ltd.Ltd.

construction industry by
2010 through to 2019

KEN RESEARCH PRIVATE LIMITED


To know ore on the coverage, click on the link below:
https://www.kenresearch.com/manufacturing-and-construction/infra
structure/residential/29574-97.html
Related Reports:
Outdoor Leisure Facilities Construction in Saudi Arabia to 2019: M
arket Databook
Retail Buildings Construction in Saudi Arabia to 2019: Market Data
book
Contact

Information

Ankur Gupta, Head Marketing & Communications, Ken Research


Ken Research Pvt. Ltd.
Email id: query@kenresearch.com
Ken Research Pvt. Ltd.

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