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UAE PropTech market forecast to reach $1.62 billion by 2032

The sector is projected to more than double from AED2.49 billion in 2025, with virtual and augmented reality moving deeper into design, planning and sales.

YAYasmin Al-Rashid18 Aug 2026 · 2 min read
UAE PropTech market forecast to reach $1.62 billion by 2032

The UAE's property technology market is forecast to more than double over the next seven years. Research firm MarkNtel Advisors values the sector at about AED2.49 billion in 2025 and expects it to reach roughly AED5.95 billion, or $1.62 billion, by 2032. That works out to a compound annual growth rate of 13.28% between 2026 and 2032.

Behind the number is a shift in how developers and other property stakeholders work. Digital tools are being brought in to cut inefficiency, reduce the risk carried by large projects and change what a buyer gets to see before a building exists. Smart city programmes, continued spending on digital infrastructure and demand for technology-driven services across real estate all support the forecast.

Seeing the building before it is built

Virtual reality and augmented reality sit at the centre of that change. The tools let developers, architects and buyers walk through a project or an individual layout long before construction starts, so the way a space will look and function is understood in detail rather than inferred from a floor plan.

For developers, the value is in catching design problems early, when changes are cheap. Rework late in construction is not. Immersive models also give architects, developers and clients a single interactive view of a scheme to work from, which makes collaboration less abstract than circulating drawings and renders.

That has pushed VR and AR into planning, design and customer engagement strategies, adopted less as a demonstration and more as part of the decision chain.

Differentiation in a crowded market

The scale of UAE real estate development creates its own demand. With many projects competing for the same buyers, developers are using immersive technology to stand apart and to give prospective purchasers something more engaging than a brochure. VR lets a user explore a property or a whole masterplan remotely. AR layers digital information onto a physical space. Used together, they let investors and end users form a view of a scheme before completion.

Georges Calas, chief executive of Lifesize Plans Dubai, said the UAE has become one of the region's most active PropTech markets because it keeps absorbing tools that change how property is designed, built and experienced. Demand is rising for visualisation that helps developers, architects and homeowners spot opportunities before construction begins, he said, which saves both time and cost, and he expects VR and AR to carry more weight as the market matures.

Dubai accounts for about 62% of the UAE market in 2025, according to MarkNtel Advisors. Software makes up roughly 72% of it by solution type, and the residential segment about 61%.

Government work on digital transformation and smart cities underpins much of this, alongside the pipeline of large real estate projects. As technology spreads through development, sales and asset management, the pitch is simple enough: show buyers and planners what a building will be like before anyone pours concrete.

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Yasmin Al-Rashid
Yasmin Al-Rashid covers e-commerce and retail across the UAE and MENA for Anecdoted.

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