The UAE’s PropTech sector is projected to nearly triple in value by 2030, rising from Dh2.24 billion in 2024 to Dh5.69 billion, according to Research and Markets (approx. $0.61 billion to $1.55 billion) at a compound annual growth rate of 17.49%.
The expansion is supported by government initiatives promoting smart urban development, including Dubai’s 2040 Urban Master Plan and paperless strategies, and Abu Dhabi’s Smart City programmes, all serving to encourage adoption of technologies that span AI, blockchain, IoT, VR and AR. These technologies are transforming efficiency, transparency and user experience in areas such as property transactions, building operations and urban planning.
Dubai has established a PropTech Hub, managed by the Dubai Land Department, targeting a PropTech market value of Dh4.5 billion by 2030. The hub aims to support over 200 startups, attract more than Dh1 billion in investment, launch over 20 dedicated venture capital funds and accelerate innovation in real estate technology.
Adoption of immersive tools, VR and AR walkthroughs, smart building automation, and blockchain transactions has become more widespread in high‑value local developments, offering faster decision‑making and reduced errors. In the residential sector, platforms like Bayut, Property Finder and Dubizzle now offer AI-powered property recommendations, virtual tours and automated listings.
The broader construction sector is projected to exceed $52 billion (Dh193 billion) by 2030, a trajectory reinforced by PropTech adoption, which supports faster project delivery and improved design accuracy.
