Latest statistics show that Dubai Emirates continues to attract office seekers, experts and investors around the world, recording the highest population growth in the previous year.
Analysts have found that a large influx of new residents will increase demand for living space, transportation, public services, healthcare and education. They also hope for a significant increase in consumption over 2025.
According to the Dubai Statistics Centre, the Emirate’s population is expected to grow by more than 169,000 in 2024, reaching 3,825 million by the end of last year.
The city’s population has grown steadily over the years, with over 104,000 expected in 2023 to increase in 2021. In 2021, there were 67,000 people. 2018. Dubai continued to attract people with 19 years of Covid, attracting around 54,700 new residents in 2020. Experts said one of the main factors that has made the Emirates more attractive during the pandemic was its successful response to the crisis.
The substantial population growth of Dubais shows that the city’s people, the economy and their future are confident, said Atiq Munshi, managing partner at Finexpertisa Vae.
During the day, millions of other Emirates gather in Dubai for business and meetings, which increases even more during the day by day. Most of them come from nearby cities of Sharjah, Abu Dhabi and Ajman.
Which sectors will benefit in 2025?
Experts say that population growth will drive demand for consumer goods, housing and public services from 2025 and play an important role in economic growth and expanding the most important sector.
“Dubai and the rest of the emirates will definitely benefit through higher consumption and a better economy. With the overall increase in population now UAE has a much larger local market and consumption is bound to increase, this in turn helps companies to increase sales either directly or indirectly,” said Munshi.
While growing populations offers many benefits, infrastructure is also burdened, which regularly causes traffic congestion in major cities around the world.
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“Dubai is extremely proactive in improving infrastructure needs; hence, one can expect a horizontal expansion of the emirates,” added Munshi.
Zasaad Holdings Managing Director Akbar Naqvi said it will record all government services, especially those who need fees, especially great benefits.
“In the private sector, anything related to housing, transportation, utilities, healthcare, education, etc, will see an obvious benefit,” he said.
According to NAQVI, infrastructure is under heavy stress, but it will not collapse under pressure with ongoing government investment.
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