UAE construction market projected to reach AED 614.38 billion by 2031

The United Arab Emirates construction market is projected to reach AED 614.38 billion by 2031, driven by sustained public and private investment in residential, hospitality, and logistics sectors. Dubai is expected to account for 47.2% of this market in 2025.

To manage increasing project complexity, developers are increasingly adopting technologies such as Building Information Modelling (BIM), Virtual Reality (VR), and Augmented Reality (AR) to visualize designs before construction begins. Companies like Lifesize Plans Dubai are providing immersive visualization services to help investors evaluate floor plans and finishes.

Simultaneously, property developers are targeting opportunities along the newly announced 80km Fourth Corridor highway. This strategic road axis will link Sharjah, Dubai, and Abu Dhabi, potentially reducing travel times significantly. The project is expected to support new residential and commercial communities, with developers like Reportage Group already planning large-scale residential projects near the corridor's route.