Female Investors Pump $25B into Dubai Real Estate in 2023
A new study reveals that female investors invest nearly $25 billion into Dubai Booming Real Estate Market in 2023, marking a massive 53.9% increase from 2022.The analysis, conducted by leading real estate fund manager in Dubai, credits improved financial literacy, access to capital, and government empowerment initiatives as drivers behind this remarkable growth.
Emirati and Asian Women Lead Dubaiโs Property Investments in Early 2024
The report found that Emirati, South Asian, and East Asian women are leading the pack regarding snapping up property in the Emirates. It projects women will contribute 22% of total real estate investments in Dubai during the first quarter of 2024, valued at around $3.27 billion. However, the quarterly numbers are expected to dip temporarily due to the usual Ramadan slowdown.
โThe rise of female investors speaks louder than statistics โ itโs a story of empowerment, financial expertise and a reshaping real estate landscape,โ stated by real estate investment experts. โWeโre witnessing the beginnings of a more inclusive, dynamic property market driven by investor diversity.โ
Millennial women are the primary engine behind this capital influx, likely due to higher financial literacy and market exposure than previous generations. Moreover, evolving attitudes and increased acceptance of women as financially independent decision-makers play a role. Of course, Dubai investor-friendly regulations, stable economy, and strong yields havenโt hurt either.
The data shows the yearly number of women real estate investors in Dubai leaping from 26,698 in 2022 to 38,059 last year โ an impressive 42.5% jump. According to the experts โfemale investors arenโt just growing in numbers and demonstrating serious buying power fueling market expansion.โ
They also added, โThese figures highlight the success Dubai real estate is having in changing social mindsets while proving the tremendous economic impact wielded by women investors.
With no signs of slowing down, women investors seem poised to continue reshaping Dubaiโs property landscape for years. Their ranks and capital reserves quickly transform the Emirate into a global hub for inclusive, dynamic real estate investment.
