+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

The UAE Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (Q1 2025)

  • PDF Icon

    Report

  • 42 Pages
  • March 2025
  • Region: United Arab Emirates
  • GlobalData
  • ID: 5742651

The Construction in the UAE - Key Trends and Opportunities to 2029 (Q1 2025) report provides detailed market analysis, information and insights into the UAE's construction industry, including:

  • The UAE’s construction industry's growth prospects by market, project type and construction activity
  • Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the UAE’s construction industry
  • Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline
The analyst expects the UAE’s construction industry to expand by 4.2% in real terms in 2025 and register an average annual growth of 4% from 2026 to 2029, supported by investments in the transport, oil and gas, energy, and housing infrastructure projects. Growth will be driven by Dubai’s AED16 billion ($4.4 billion) 2024-2027 Main Roads Development Plan, which will cover 22 projects across the emirate’s expanding road network, and benefit over six million people. Previously, in November 2024, the emirate had approved the five-year (2025-2029) plan for internal roads development; it involves 21 projects across 12 residential, commercial, and industrial areas for the construction of 634km of new roads at a cost of AED3.7 billion ($1 billion). In a recent development, in January 2025, Dubai's Roads and Transport Authority (RTA) awarded a contract worth AED1.5 billion ($408.4 million) for the Al Fay Street Development. The project includes the development of five key intersections featuring 13,500m of bridges and 12,900m of roads.

The government's plan, announced in early February 2025, to increase the logistics sector's value to AED200 billion ($54.5 billion) annually by 2030 will also support industry growth during the forecast period and enhance its global trade hub status. To achieve this, the government will focus on expanding infrastructure, modernizing supply chain technologies, and attracting foreign direct investment (FDI). Previously, in November 2024, the UAE announced the National Investment Strategy 2031, through which, it aims to double FDI to AED1.3 trillion ($354 billion) by 2031. To achieve this, the government will attract new investments in priority sectors, expand existing projects, strengthen international partnerships, improve investor relations, and boost overall competitiveness

Scope

This report provides a comprehensive analysis of the construction industry in the UAE. It provides:

  • Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in the UAE, featuring details of key growth drivers.
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
  • Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

  • Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts
  • Understand the latest industry and market trends
  • Formulate and validate business strategies using the analyst's critical and actionable insight
  • Assess business risks, including cost, regulatory and competitive pressures
  • Evaluate competitive risk and success factors

Table of Contents

1 Executive Summary2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile
4 Construction Outlook
4.1 All Construction
  • Outlook
  • Latest news and developments
  • Construction Projects Momentum Index
4.2 Commercial Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.3 Industrial Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.4 Infrastructure Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.5 Energy and Utilities Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.6 Institutional Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.7 Residential Construction
  • Outlook
  • Project analytics
  • Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
7.1 What is this Report About?
7.2 Definitions
7.3 CRI Methodology
About the Analyst
Contact the Publisher
List of Tables
Table 1: Construction Industry Key Data
Table 2: The UAE, Key Economic Indicators
Table 3: The UAE, Commercial Construction Output by Project Type (Real % Change), 2020-29
Table 4: The UAE, Top Commercial Construction Projects by Value
Table 5: The UAE, Industrial Construction Output by Project Type (Real % Change), 2020-29
Table 6: The UAE, Top Industrial Construction Projects by Value
Table 7: The UAE, Infrastructure Construction Output by Project Type (Real % Change), 2020-29
Table 8: The UAE, Top Infrastructure Construction Projects by Value
Table 9: The UAE, Energy and Utilities Construction Output by Project Type (Real % Change), 2020-29
Table 10: The UAE, Top Energy and Utilities Construction Projects by Value
Table 11: The UAE, Institutional Construction Output by Project Type (Real % Change), 2020-29
Table 12: The UAE, Top Institutional Construction Projects by Value
Table 13: The UAE, Residential Construction Output by Project Type (Real % Change), 2020-29
Table 14: The UAE, Top Residential Construction Projects by Value
Table 15: The UAE, Key Contractors
Table 16: The UAE, Key Consultants
Table 17: The UAE, Construction Output Value (Real, $ Million)
Table 18: The UAE, Construction Output Value (Nominal, AED Million)
Table 19: the analyst Construction Market Definitions
Table 20: Risk Dimensions
Table 21: Ratings, Scores and Definitions
List of Figures
Figure 1: Middle East and North Africa, Construction Output (Real % Change), 2023-29
Figure 2: The UAE, Construction Output by Sector (Real % Change), 2023-25 and 2026-29
Figure 3: The UAE, Risk Summary
Figure 4: The UAE, Risk Regional Comparison
Figure 5: The UAE, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2020-29
Figure 6: The UAE, Construction Output Value, by Sector (Real, $ Million), 2020-29
Figure 7: The UAE, Total Bank Credit to Construction and Real Estates (AED Million)
Figure 8: The UAE, Construction Value-Add, Constant prices (2010) Million Dirhams
Figure 9: The UAE, Construction Projects Momentum Index
Figure 10: Middle East and North Africa, Construction Projects Momentum Index
Figure 11: The UAE, Commercial Construction Output by Project Type (Real, $ Million), 2020-29
Figure 12: The UAE, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 13: The UAE, Industrial Construction Output by Project Type (Real, $ Million), 2020-29
Figure 14: The UAE, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 15: The UAE, Infrastructure Construction Output by Project Type (Real, $ Million), 2020-29
Figure 16: The UAE, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 17: The UAE, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2020-29
Figure 18: The UAE, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 19: The UAE, Institutional Construction Output by Project Type (Real, $ Million), 2020-29
Figure 20: The UAE, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 21: The UAE, Residential Construction Output by Project Type (Real, $ Million), 2020-29
Figure 22: The UAE, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 23: The UAE, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 24: The UAE, Headquarters of Key Consultants (% of Total Project Pipeline)