UAE PropTech market forecast to hit AED 5.95bn by 2032

VR and AR tools are gaining ground in the UAE’s real estate development pipeline as immersive visualisation becomes standard practice before construction begins

Staff Writer
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Article summary

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The UAE's PropTech market is forecast to grow from AED 2.49 billion in 2025 to AED 5.95 billion by 2032, according to MarkNtel Advisors. VR and AR technologies are increasingly embedded in the development process, allowing teams to identify design issues before construction begins.

Key points

  • UAE PropTech market forecast to reach AED 5.95bn by 2032
  • VR and AR tools reducing design revisions before construction starts
  • Lifesize Plans Dubai operating in UAE market since 2023

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The UAE’s PropTech sector is on course for sustained growth, with the market valued at approximately AED 2.49 billion in 2025 and expected to reach around AED 5.95 billion by 2032, according to market research firm MarkNtel Advisors. That represents a compound annual growth rate of 13.28 per cent between 2026 and 2032.

Smart city programmes, digital infrastructure investment and rising demand for efficiency tools across property development, sales and asset management are driving that expansion, the firm said.

Within the sector, VR and AR technologies are becoming a standard part of the design and development process. By allowing developers, architects and clients to walk through a project at full scale before a single wall is built, the tools help teams catch design problems early and reduce the cost of late-stage revisions.

Lifesize Plans Dubai, which describes itself as an Australian provider of life-sized architectural projections and immersive visualisation technology, has been operating in the UAE since 2023.

The company combines 1:1 scale plan projections with VR and AR experiences, letting clients physically navigate a proposed layout before construction begins.

“The UAE has become one of the region’s most exciting PropTech markets because it continues to embrace technologies that improve how real estate is designed, developed and experienced. We are seeing growing demand for immersive visualization tools that help developers, architects and homeowners identify opportunities before construction starts, ultimately saving both time and cost. As the market continues to evolve, innovative technologies such as VR and AR will play an increasingly important role in delivering smarter, more efficient developments across the country,” Georges Calas, CEO of Lifesize Plans Dubai said in a statement.

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