Women's investments in the UAE's real estate sector have surged, contributing over $16 billion, with a 51% increase in female investors in 2022. Women's ownership of properties in Dubai now stands at 30%. They are diversifying their portfolios, with real estate, technology, and healthcare sectors at the forefront. The 'Invest'HER' initiative has played a significant role in educating and mentoring women in investment. This trend signifies growing financial independence and empowerment among women, actively shaping the UAE's economic landscape.
According to the Dubai Land Department (DLD), women's investments in the UAE's real estate sector have made a substantial impact, contributing more than AED 58.8 billion ($16 billion). The latest data from the real estate market reveals that the number of female investors saw a remarkable 51% increase in 2022 compared to the previous year, 2021. This highlights a significant trend towards greater financial independence among women.
This trend is expected to continue gaining momentum in 2023, with market projections suggesting that this growth is set to surpass 50% year-over-year expectations by the end of the year. Additionally, a recent government report indicates that women currently hold ownership of 30% of the properties in Dubai, underscoring their substantial economic impact and growing influence on the nation's financial landscape.
The impressive expansion of women's investment portfolios is characterized not only by its size but also by its variety. Female investors are strategically spreading their investments across a range of asset categories, including stocks, bonds, real estate, and alternative investments.
Women investors are making conscious decisions within key sectors, reflecting both their financial goals and socioeconomic perspectives. Notably, the real estate sector remains a significant foundation, representing 40% of women's investments. Furthermore, technology has emerged as a prominent sector, making up a substantial 30% portion of investments, while healthcare accounts for 20% of the investments. The remaining 10% is spread across various sectors, illustrating the multifaceted nature of women's investment interests.
The persistent growth in women's investments serves as evidence of their expanding financial knowledge, strategic acumen, and significant contributions to the economic progress of the UAE. The composition of women investors' portfolios, with a strong emphasis on real estate, technology, healthcare, and other sectors, demonstrates a careful approach to diversification that aligns with their values.
The 'Invest'HER' initiative by Hedge and Sachs, which concentrates on mentoring and educating women about investment opportunities, has gained notable attention and engagement since its inception. The substantial increase of approximately 25-30% in inquiries related to Invest'HER' underscores the growing interest women have in investing and the resonance of this customized financial solution.
The rise in women's investment in the UAE isn't just a numerical trend; it represents a story of empowerment and advancement, with women actively contributing to shaping the nation's economic path.