A recent market analysis reveals a notable upsurge in female investment within the UAE’s real estate sector, with women contributing an estimated $25 billion (AED 90.5 billion) in 2023, representing a substantial 53.9% increase over the previous year. This growth is attributed to factors such as improved financial literacy, enhanced access to capital, and government initiatives supporting women’s empowerment.
The study, conducted by leading Dubai-based real estate fund management firm Hedge & Sachs, projects women investors to contribute approximately 22% of total real estate investments in Dubai during the first quarter of 2024, amounting to at least $3.27 billion (AED 12 billion). While a temporary plateau in women’s investments is observed in February and anticipated through March due to slower market growth and Ramadan, a rebound is expected post-holiday.
Millennials appear to be the dominant demographic among female investors, potentially due to their increased exposure to financial literacy and wealth management opportunities. This trend aligns with the broader growth in female economic participation driven by rising employment, financial literacy, and capital accessibility. Additionally, evolving social attitudes embracing female financial independence and decision-making contribute to this positive shift.
The UAE’s stable economy, robust regulations, attractive rental yields, and advantageous tax policies further incentivize investment across demographics, including women. Government initiatives fostering an inclusive business environment for female entrepreneurs and investors play a crucial role in this diversification of property
Publish Feb 19, 2024
Source: https://www.arabianbusiness.com/industries/real-estate/revealed-uae-real-estate-sector-seeing-massive-upsurge-in-women-investments-with-25bn-recorded-in-2023
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