United Arab Emirates Facility Management Market Size (2024 - 2029)

United Arab Emirates Facility Management Market Analysis

The United Arab Emirates Facility Management Market size is estimated at USD 7.62 billion in 2024, and is expected to reach USD 10.53 billion by 2029, growing at a CAGR of 6.68% during the forecast period (2024-2029).

• The main factors driving the need for facility management in the United Arab Emirates are the growing number of tourist-oriented railways, airports, transit facilities, and hotels and the strict rules about safety, cleanliness, and hygiene in the country.
• Facility management services across Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, Umm al Quwain, and Ajman have matured, with infrastructure development projects rising across the United Arab Emirates for economic growth. The growing concentration of facility management service providers in these regions has further affected the companies' bottom lines. The surging emphasis on green building practices is increasing the demand for facility management in the United Arab Emirates. The country's government is also concentrating on smart cities, with plans to digitize up to 1,000 government services and establish 2,000 Wi-Fi hotspots.
• Green buildings require FMs to efficiently manage air quality, energy usage, water consumption, and waste. Low operating costs, low maintenance costs, low development costs, a healthier indoor environment, and enhanced durability are the characteristics of a green building. Owing to the increasing demand for sustainable facility management solutions, market players in the region are significantly improving their offerings and gaining opportunities to showcase them further.
• Dubai's strategic location between Europe and Asia serves the East and the West, offering optimum trading conditions for the Emirate. To facilitate trade and e-commerce operations, Dubai has executed various crucial initiatives to develop its technology and infrastructure to implement an excellent logistics infrastructure and a well-integrated transport system. Since e-commerce as a whole is growing quickly, and warehouses are being built rapidly in the country, the demand for facility management services is also rising.
• However, factors such as the increasing stringency of labor laws and immigrants compensating with the workforce are hampering market growth.
• The country’s economy was positively impacted after the COVID-19 pandemic and recession. When the pandemic-related restrictions were lifted, the country saw improvements in the tourism industry, as well as the hospitality sector. The country also experienced a boom in the construction industry, as well as the real estate sector. In recent years, consumers in the country have shifted more toward luxury and high-end developments, leading to the growing demand for a luxurious lifestyle. This trend has also attracted individuals globally for real estate investments. In July 2023, 16 luxury projects were launched, including the futuristic ‘Tree of Life,’ island resorts, and the first 3D-printed villa in Dubai.

United Arab Emirates Facility Management Industry Segmentation

Facility management (FM) consists of multiple disciplines that influence organizations' efficiency and productivity, including the management of building upkeep, utilities, maintenance operations, waste services, and security.

The UAE facility management market is segmented by services (hard services and soft services), type (in-house and outsourced (single, bundled, and integrated FM)), end user (commercial and retail, manufacturing and industrial, government, infrastructural and public entities, and institutional), and cities (Abu Dhabi, Dubai, and Rest of United Arab Emirates). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.