UAE's PropTech sector to hit AED 5.95 billion by 2032 – Travel Daily Media

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The UAE's PropTech sector is set to expand significantly, with its market value projected to grow from AED 2.49 billion in 2025 to AED 5.95 billion by 2032, according to MarkNtel Advisors. This growth, at a compound annual rate of 13.28%, is driven by the country's smart city initiatives and investment in digital infrastructure. Technologies such as Virtual Reality (VR) and Augmented Reality (AR) are playing a pivotal role in transforming the real estate lifecycle, enhancing project visualisation and decision-making.

Lifesize Plans Dubai, an Australian company specialising in life-sized architectural projections, has seen increased demand since launching in the UAE in 2023. The company uses VR and AR to allow clients to walk through projects at a 1:1 scale before construction, improving design confidence and reducing costly revisions. Georges Calas, CEO of Lifesize Plans Dubai, noted the UAE's embrace of technologies that enhance real estate design and development, stating, "We are seeing growing demand for immersive visualisation tools that help developers, architects and homeowners identify opportunities before construction starts, ultimately saving both time and cost."

The UAE's commitment to digital transformation and world-class real estate projects ensures that PropTech will continue to thrive. As VR and AR become integral to property development, these technologies are expected to shape the future of the UAE's real estate landscape, offering smarter and more efficient solutions


This story was selected and published by a human editor, with content adapted from original press material using AI tools and checked by the editor before publication. Spot an error? Report it here.

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UAE’s PropTech sector to hit AED 5.95 billion by 2032

The UAE's PropTech sector is set to expand significantly, with its market value projected to grow from AED 2.49 billion in 2025 to AED 5.95 billion by 2032, according to MarkNtel Advisors. This growth, at a compound annual rate of 13.28%, is driven by the country's smart city initiatives and investment in digital infrastructure. Technologies such as Virtual Reality (VR) and Augmented Reality (AR) are playing a pivotal role in transforming the real estate lifecycle, enhancing project visualisation and decision-making.

Lifesize Plans Dubai, an Australian company specialising in life-sized architectural projections, has seen increased demand since launching in the UAE in 2023. The company uses VR and AR to allow clients to walk through projects at a 1:1 scale before construction, improving design confidence and reducing costly revisions. Georges Calas, CEO of Lifesize Plans Dubai, noted the UAE's embrace of technologies that enhance real estate design and development, stating, "We are seeing growing demand for immersive visualisation tools that help developers, architects and homeowners identify opportunities before construction starts, ultimately saving both time and cost."

The UAE's commitment to digital transformation and world-class real estate projects ensures that PropTech will continue to thrive. As VR and AR become integral to property development, these technologies are expected to shape the future of the UAE's real estate landscape, offering smarter and more efficient solutions


This story was selected and published by a human editor, with content adapted from original press material using AI tools and checked by the editor before publication. Spot an error? Report it here.

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