In Terms of Total Female Investment, The UAE is Catching up to Some of The Major Markets Internationally, such as China and India.
Women had made investments in the UAE real estate market for roughly $16 billion (AED58.8 billion) as of 2023, according to data from the Dubai Land Department.
According to an industry analyst, the UAE is experiencing an unprecedented rise in female investment, with the real estate sector leading the preferred asset classes for the fairer sex and accounting for 40% of their overall assets. This surge in female interest in real estate might be influenced by the vibrant lifestyle and opportunities available in the region. To get a glimpse of such a lifestyle, one can explore Life in Sharjah, which provides an in-depth perspective on the local experiences and amenities.
The two top industries in the country for female investment are technology, which accounts for 30%, and healthcare, which has a 20% stake.
Women had made investments in the UAE real estate market for roughly $16 billion (AED58.8 billion) as of 2023, according to data from the Dubai Land Department. Market forecasts show that this statistic is on track to reach 50% by 2023 end, compared to 2022, Rachit Pant, CEO of Hedge & Sachs, a prominent investment firm with its headquarters in Dubai, told Arabian Business. He continued, We anticipate this trend to continue this year as well.
The assumption that women currently own 30% of the real estate in Dubai is even more encouraging, he said.
According to Pant, the market saw a 51 percent increase in female investments in 2022 compared to the previous year, highlighting a major trend of rising financial independence and autonomy of women in the UAE.
In terms of overall female investment, the UAE is catching up to some of the bigger markets in the globe, such as China and India.
While individual investment preferences may vary from place to country, according to him, the global trend of women actively participating in investing is clear.
In China, women are a major force in the consumer market, with a focus on luxury fashion, fitness, and numerous lifestyle industries. For instance, in India, 65% of female investors favor real estate investments over other assets like gold or equities.
Women investors in the UAE increase by 51% in 2022
Recent market figures indicate that as of July 2023, the total amount of investments made by women in the UAE had surpassed AED100 billion ($27 billion).
In comparison to the previous year, there was a significant increase in the number of female investors in 2022 of 51%.
Compared to last year, the number of women investors will increase much more in 2023, according to Pant.
The rise of female entrepreneurs and business owners in the UAE encouraging women to invest in their businesses and explore investment avenues, he said, as well as progressive government policies and initiatives, financial programs run by various investment firms helping women investors to diversify investment landscapes, and more were further identified as the reasons for the rise of women’s investments in the UAE and the broader economy.
Real Estate Investor Disparity Between Men and Women is Closing More Quickly
Despite tremendous progress achieved by women in the world of investing, according to Pant, men still account for the majority of total investment volume.
It’s important to acknowledge that the gender investment disparity is gradually narrowing,” he continued.
We anticipate a continued shift towards a more balanced investment landscape in the UAE as more women actively participate in financial markets, participate in financial education programs, and explore diversified investment options,” Pant added.
