The productivity of construction and real estate activities in 2018 was 434.6 billion from AED.

The value of combined production from the construction and real estate sectors reached AED 434.6 billion in 2018. The commercial and residential components of the real estate market have experienced strong activity in recent months and this sector should continue to be very active in the coming period.
According to data from the Federal Competitiveness and Statistics Authority, the total value of real estate production output in the UAE reached AED 609 billion in the last five years, from 2014 to 2018, and workers at 37.3 billion over the same period.
The total value of production of real estate activities on the local market increased by 16.6% in 5 years, from AED 109.4 billion in 2014 to 127.6 billion in 2018. In 2015, it recorded around 120, 6 billion, 125.4 billion in 2016 and about 126 billion in 2017..
The remuneration of real estate operators has increased by 36%, rising from 6.2 billion AED in 2017 to 8.48 billion in 2018, reaching 6.565 billion in 2015 and around 7.331 billion in 2016. In 2017, it is spent at 8.707 billion AED. The real estate sector remains one of the most important economic sectors in terms of contributing to the economic growth of the UAE, which has successfully recovered from the consequences of the global financial crisis and its ability to attract foreign direct investment, where they represent the largest share.
The construction sector ranks third among the largest UAE domestic production sectors in 2018, with AED 307 billion, up 2.7% from 2017, with about 299 billion, according to the Federal Authority for Competitiveness and Statistics.
The total value of construction in the UAE has increased by 7.7% in 5 years, from AED 285 billion in 2014 to 307 billion in 2018. In 2015, it recorded 294 billion, 285.5 billion in 2016 and 299 billion. billion in 2015. 2017
Compensation paid to workers in the construction sector amounted to 249 billion euros between 2014 and 2018. In 2015, they amounted to 49 billion and nearly 47.5 billion in 2016, while They rose to 52.3 billion dirhams in 2017, according to the data of the Authority.
Growth in the construction sector is receiving strong support from two sides, one related to Expo 2020 projects and the other related to the strong activity of the residential component of the industry, with the latest reports about $ 8 billion invested in transportation and related infrastructure projects. On-site work is valued at between $ 2 billion and $ 4 billion. The commercial and residential components of the real estate market have experienced strong activity in recent months. Thousands of residential units, commercial areas and hotel rooms have been delivered. The construction sector should remain one of the main drivers of growth, despite the increase in residential project deliveries in 2017. However, the launch of additional development projects in 2018 and beyond will give the sector of construction a new impetus to continue its growth in the short term.