Industry News
UAE Construction Market Projected to Reach AED 642.3 Billion by 2032
The UAE construction market is forecast to reach AED 642.3 billion ($175 billion) by 2032, according to market intelligence firm Mordor Intelligence. Dubai represents 47 percent of the national market in 2026, driven by sustained investment in infrastructure, residential, and commercial developments. Contractors and developers are also accelerating adoption of digital pre-construction tools such as Building Information Modelling and virtual reality.
