If one dive into the reports of Dubai Land Department 2022, the number of women investors in the real estate market has escalated by 50.8 percent from the past year (2021).
You can clearly see the escalation in the number of women investors in the popular and powerful Dubai real estate market to reciprocate the UAE's dictatorship, empowering women to take part in manifold economic activities plus phases of life.
Furthermore, the robust regulatory framework of the emirates provides:
- Powerful protection for investments,
- Resilience to global and regional fluctuations,
- Remarkable infrastructure, and
- Positive economic outlook
All these factors have encouraged women investors to invest in the local sector. One major supportive and encouraging factor why women investments in Dubai are the ability to manage growth plus offer some excellent return on investment (ROI).
Future of Dubai Economy
With the increasing participation of women across economic sectors, plus the escalating culture of gender balance in organizations across the emirate, Women are planned to play a significant role in attaining the aim of the Dubai Economic Agenda D33 recently declared by Prime Minister, Vice President, Highness Sheikh Mohammad bin Rashid AL Maktoum, and Ruler of Dubai, to accelerate the size of the emirate's economy by 2033.
What About Annual Real Estate Transactions?
Dubai's real estate market has finished another phenomenal year with setting new annual transactional records and trends, counting the sector as a main donor to the Dubai Economic Agenda D33 goals.
For the first time, the annual real estate transactions in the emirate surpassed the AED 500 billion milestones with 1,22,658 real estate transactions in 2022, valued at AED 528 billion.
The Role Of Women In The Real Estate Sector
Women's role in real estate is more expansive than in investments. They also distinctly contributed to the sector:
- Real estate brokers
- Developers
- Members of the sector's workforce
Dubai Land Development data also showcases that women have accounted for 34.8 percent of registered brokers of real estate.
A sum of 4519 women brokers has successfully contributed to the 8606 transactions worth AED696 million. Comprising 42 percent of total employees in the DLD, women play significant roles across levels and sectors in delivering the organization's mandate.
What Will Be Next?
Women investors will continue to invest in the Dubai real estate economy to witness more growth and development in the upcoming years. It will continue to grow year-on-year at an incredible pace. So, if you're willing to invest in the Dubai real estate market to achieve great success and strengthen the economy, you're good to go!