118 billion dirhams the size of women’s contribution to the real estate sector in Dubai
Dubai, April 15/ WAM/ The Emirate of Dubai is witnessing a remarkable shift in the scene of investment and real estate development, led by women’s competencies that were able to prove its presence effectively in this vital sector.
The numbers and facts prove that women in Dubai are no longer a secondary element in the real estate scene, but rather have become a basic pillar that contributes to advancing development, and consolidating the emirate’s position as a leading global destination in real estate investment, through a comprehensive development model that puts the gender balance and economic empowerment at the top of its priorities.
The value of women’s investments in this field during the year 2024 amounted to about 118 billion dirhams, through more than 50 thousand and 979 real estate transactions, according to Magda Ali Rashid, Executive Director of the Real Estate Development Sector in the Dubai Land and Property Department.
Rashid said in a statement to the Emirates News Agency, “WAM”, that 34% of the total real estate investors in Dubai are women, which reflects the great development in women’s trend towards long -term and stable investment.
She added that women possess leadership capabilities and a strategic vision that makes them able to influence effectively in the future of the real estate market, and contribute to achieving the economic and social goals of Dubai, within the Dubai Economic Agency D33, and the Dubai Real Estate Sector Strategy 2033.
She emphasized that the next stage will witness the expansion of the policies supporting women in the real estate sector, through motivational initiatives, investment facilities, and specialized consultations, in addition to focusing on increasing women’s representation in leadership positions, and enabling them to perform influential roles in formulating the future of the real estate market.
As part of its efforts to support women, the Dubai Land Department launched a series of specific programs and initiatives, most notably the “Real Empowerment Program”, which attracted more than 1,000 women to enter the sector, and the “real estate mediator” program that strengthened the presence of women in the real estate mediation sector, and the department also provides a flexible investment environment, which includes financing solutions and specialized training programs, as well as support for women’s entrepreneurship.
Women are not satisfied with their role in investing, but also affect the investment family decisions, and contribute to promoting financial stability, which prompted “Dubai Land” to develop comprehensive awareness programs to raise awareness of women and enhance their confidence in making strategic real estate decisions.
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