UAE Construction Sector Grows 6.8% in Q4 2024
The UAE construction sector posted 6.8% year-over-year growth in Q4 2024, driven by residential mega-developments in Dubai and industrial expansion in Abu Dhabi and Ras Al Khaimah.
The UAE construction sector recorded 6.8% year-over-year growth in the fourth quarter of 2024. Growth was driven by residential mega-developments in Dubai and industrial expansion in Abu Dhabi and Ras Al Khaimah.
Market analysts link the expansion to sustained government and private investment in housing, logistics, and energy-related infrastructure. Demand for construction equipment—including cranes, excavators, and telehandlers—remains strong across the Emirates.
Contractors and rental providers can use these trends to align fleet and capacity with the sectors and geographies showing the strongest momentum.