UAE’s PropTech Market to Reach $1.55 Billion by 2030

Dubai, UAE – August 13, 2025 – The UAE’s rapidly expanding property technology (PropTech) market is set to play a pivotal role in the nation’s evolution as a global hub for innovation, real estate, and smart urban living. By embracing advanced technologies such as artificial intelligence (AI), blockchain, Internet of Things (IoT), Virtual Reality (VR), and Augmented Reality (AR), the country aims to boost efficiency, transparency, and customer experience across all real estate segments.

According to analysis firm Research and Markets, the UAE’s PropTech sector, valued at $610 million (AED 2.24 billion) in 2024, is projected to nearly triple to $1.55 billion (AED 5.69 billion) by 2030. This represents a compound annual growth rate (CAGR) of 17.49%, driven largely by the increased adoption of technology in property development, management, transactions, and investments, while also reducing costs.

Transforming Construction with VR and AR

The integration of VR and AR into the UAE’s construction market is enabling smarter, faster, and more efficient project delivery. These tools enhance design accuracy, streamline collaboration between stakeholders, and reduce costly errors—making them especially valuable for the nation’s fast-paced, high-value development projects.

By improving productivity, safety, and client engagement, VR and AR offer developers a competitive edge and position the UAE as a leader in digital-first real estate solutions.

Lifesize Plans Dubai Brings 1:1 Scale Design to the Market

Australian-headquartered Lifesize Plans, a leader in life-sized architectural projections, has closely tracked the steady growth of PropTech and the construction sector in the UAE over recent years. In 2023, the company established its Dubai presence to meet the rising demand for immersive pre-construction solutions.

The firm’s technology transforms architectural blueprints into true 1:1 scale projections, allowing stakeholders to interact physically with floor plans before construction begins. This tactile visualization tool enhances decision-making, improves certainty, and is well-suited to the region’s rapid development cycle.

Industry Perspective

Georges Calas, CEO of Lifesize Plans Dubai, said:

“From immersive Virtual Reality (VR) and Augmented Reality (AR) walkthroughs to AI-driven analytics, these new technologies are redefining how real estate is bought, sold, and built in the UAE. As the country continues to push the boundaries of innovation and prove to be one of the top investment options for expatriates from all over the world, PropTech is quickly becoming a cornerstone of the market’s long-term resilience and global competitiveness.”

Driving the UAE’s Smart and Sustainable Future

As the UAE advances toward its vision of becoming a global leader in smart, sustainable urban development, the PropTech sector is set to expand its influence further. From optimizing construction workflows to enhancing customer engagement and supporting data-driven investment decisions, technology is reshaping the real estate landscape.

Backed by strong government support, investor confidence, and a commitment to innovation, PropTech will remain central to the nation’s growth strategy, helping to ensure that its real estate market remains competitive on the world stage.