The premier trade event will promote business partnerships and cultural exchange between China and the Middle East as UAE furniture traders could benefit from high-quality furnishing solutions made in Anji, China

Date: Dubai, UAE; December 16, 2024

News Highlights

1.     UAE home furniture market is estimated to reach US$2.59 billion in 2024 and further grow to US$3.12 billion by 2029, reflecting a steady growth rate at a compound annual growth rate (CAGR) of 3.79 percent during the forecast period;

2.     An estimated delivery of more than 50,000 residential units including thousands of villas, townhouses and expansive homes need new furnishing solutions and interior décor

3.     Dubai alone is poised to achieve a new milestone in its real estate sector, with an estimated 38,174 new housing units set to be delivered in 2024;

4.     The market expects that the housing supply will increase by approximately 182,000 units in 2025-2026, as a large number of properties that were pre-sold in 2022-2023 will be completed. Of these, approximately 76,000 units are expected to be completed in 2025.

Continue reading 2nd Middle East Made-in-Anji Furniture Event 2024 to connect Anji’s Furniture Industry with GCC Buyers →