The Dubai real estate market has seen a noticeable increase in women’s participation in 2022, with over 26,698 female investors getting in on the action. With over 33,419 real estate deals recorded amounting to AED 58.8 billion, the market has experienced a 50.7% increase in volume and a 53% increase in value since 2021, according to data provided by Dubai Land Department (DLD).
Women aren’t just investing in real estate, they are taking up many more roles in the industry including brokers, builders, and agents. In fact, women make up 34.8% of registered real estate brokers with a total of 8,606 transactions worth AED 696 million generated by them. Additionally, 42% of women comprise the workforce and are essentially fulfilling organisations at all levels.
With annual transactions establishing new records, Dubai’s real estate market finished another spectacular year and established itself as a significant contributor to the objectives of the Dubai Economic Agenda D33. With 122,658 real estate sales in 2022, totaling AED 528 billion, the emirate’s annual real estate transactions for the first time exceeded the half-trillion dirham mark.