Women’s Real Estate Investment Is Increasing By 50.7 Percent In Volume.
In 2022, women’s participation in Dubai’s real estate market will be significantly higher. In the last year, 26,698 female investors filed 33,419 investments in real estate worth over Dh58.8 billion in the emirate, representing a 50.7% increase in volume and a 53% increase in value over 2021. According to Dubai Land Department (DLD) data, the number of women investing in the sector climbed by 50.8% from 2021 to 2022.
Dubai’s real estate sector finished another spectacular year, with yearly transactions reaching new milestones. Establishing the sector as a major contributor to the Dubai Economic Agenda D33 targets. Annual real estate sales in the emirate surpassed the half-trillion dirham mark for the first time in 2022. With 122,658 transactions valued at Dh528 billion.
Women’s roles in real estate were not restricted to investing. They also made contributions to the field as developers, real estate agents, and workers. According to DLD data, women made up 34.8 % of registered real estate brokers. A total of 4,519 women brokers were involved in 8,606 deals totaling Dh696 million. Women make up 42% of all personnel in the Dubai Land Department. Moreover, they perform critical roles across sectors and levels in carrying out the organization’s objective.