The Report Cube which is one of the leading market research company in UAE expects the UAE Construction Market to grow at a CAGR of around 6.04% through 2032, as highlighted in their latest research report. The study provides an in-depth analysis of the emerging trends shaping the UAE Construction Market and offers detailed forecasts for its potential growth during 2025–2032. The report also presents a comprehensive assessment of the competitive landscape, including profiles of leading players, their performance metrics, and recent strategic developments. Additionally, it explores the key market drivers, challenges, opportunities, and provides insights into historical and future revenue trends at the global, regional, and country levels.
UAE Construction Market Overview:
Market Size (2025): USD 72.12 Billion
Market Size (2032): USD 108.76 Billion
CAGR (2025–2032): 6.04%
Top Companies in UAE Construction Market: Al Naboodah Construction Group (ANCG), China State Construction Engrg. Corp., Lennar Corporation, Al Habtoor Group, Skanska AB, STRABAG SE, Fluor Corporation, Bechtel Corporation, and Others
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UAE Construction Industry Recent News and Developments:
2024:
Al Naboodah Construction Group (ANCG) held a nearly USD 275 million contract for the construction of a sustainable mixed-use development in Dubai South, integrating advanced energy-efficient systems & smart building technologies to achieve LEED Platinum certification.
Al Habtoor Group disclosed plans for an approximately USD 550 million tourism & entertainment complex in Abu Dhabi, featuring luxury hotels, retail spaces, and cultural venues, strengthening their diversification strategy beyond traditional construction.
2025:
Fluor Corporation seized a nearly USD 1.2 billion EPC contract for a chief petrochemical complex in Ruwais, solidifying its position in the industrial construction sector.
Bechtel Corporation formed a consortium with local partners to develop smart city infrastructure solutions, winning around USD 680 million contract for implementing intelligent transportation systems across Dubai's main arterial corridors.
Key Growth Drivers of the UAE Construction Market:
The key aspect driving the UAE Construction Market is the government's great investments in infrastructure development. The country is dedicated to enhancing connectivity, owing to the implementation of strategic programs, such as the UAE Railway Program, which has invested nearly more than USD 13 billion.
UAE Construction Market Segmentation
The market is segmented based on sectors and regions to provide a clear understanding of demand patterns and growth opportunities. By sectors, it includes Residential, Commercial, Industrial, Infrastructure (Transportation), and Energy & Utilities, reflecting the diverse applications and investment potential across industries. Regionally, the market is analyzed across Dubai, Abu Dhabi, Sharjah, and other areas, highlighting geographic trends, regional preferences, and localized market dynamics. This segmentation enables stakeholders to identify key growth areas and make informed strategic decisions.
Market Share, By Sectors
· Residential
· Commercial
· Industrial
· Infrastructure (Transportation)
· Energy & Utilities
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Market Share, By Region
· Dubai
· Abu Dhabi
· Sharjah
· Others
Note:
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About The Report Cube
The Report Cube is a leading provider of market research and business intelligence solutions in UAE, dedicated to helping organizations make smarter, data-driven decisions. With a comprehensive library of over 900,000 industry reports covering 800+ sectors worldwide, the company delivers precise insights, actionable forecasts, and strategic recommendations tailored to client objectives.
Backed by a team of 1,700+ experienced analysts and researchers, The Report Cube empowers businesses with the knowledge they need to navigate evolving markets, identify opportunities, and sustain growth in an ever-changing global landscape.
The company specializes in syndicated research, customized studies, competitive analysis, company profiling, and industry forecasting, serving clients across industries including energy, technology, healthcare, manufacturing, and more.
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