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UAE to add 390,000 new residential units by 2030, says new report

UAE to add 390,000 new residential units by 2030, says new report

A new report from Alpen Capital forecasts significant growth in the UAE's real estate sector, with an estimated 390,000 new residential units expected to be added by 2030. This expansion will bring the country's total housing stock to 1.51 million units. The report highlights that this growth is largely driven by apartment-led, mixed-use developments, indicating a long-term strategic vision for urban development in the country.

This forecast provides invaluable strategic insight for a wide range of business clients. For construction companies, developers, and suppliers of building materials, this report signals a sustained pipeline of large-scale projects for the remainder of the decade. Real estate investors can use this data to make informed long-term investment decisions. Furthermore, ancillary industries such as facility management, interior design, home furnishings, and landscaping can anticipate a substantial increase in market size, allowing them to plan for expansion and scale their operations accordingly.