Real Estate
Dubai's Real Estate Surge Fuels Demand for High-Speed Construction Solutions
Dubai’s real estate market is on a rapid upward trajectory, with 20,000 new housing units slated for completion in the latter half of 2024. Real estate transactions in the first half of the year have already reached AED346 billion ($94.2 billion), a notable 23% increase from the previous year. This surge has drawn 50,000 new investors to the market, intensifying the demand for high-speed, quality construction solutions.
To meet the city’s ambitious development goals, construction firms are adopting cutting-edge technology. The 3DXB Group, for instance, is employing 3D printing methods to expedite building processes, achieving efficiency and quality standards that align with Dubai’s urban vision. 3D printing enables rapid construction of complex structures with reduced environmental impact, directly supporting Dubai's growth and sustainability objectives.
"The pace of growth in Dubai’s real estate sector requires construction solutions capable of meeting demand without compromising on quality," said Badar Rashid AlBlooshi, Chairman of 3DXB Group. "Our advanced 3D printing solutions empower developers to achieve these targets sustainably and effectively."
Dubai’s real estate sector is now among the top five globally for growth in prime property values, reinforcing the need for fast and precise construction solutions to maintain investor confidence and deliver projects on tight schedules.