Demand Increases for Interior Design in Dubai and UAE
A recent online article in Gulf News reported that interior design companies are seeing higher demand as new projects are launched in Dubai and UAE. The Gulf Cooperation Council (GCC) estimates a construction value of $128.46 billion for 2014 (an increase of 92% compared to 2013). The UAE and Dubai are leading the market for developments with good demand.
Demand for interior fit-outs is highest in the residential sector with 39,000 homes to be delivered in Dubai over the next two years. This is a 9% rise above the existing 365,000 units. Dubai is a large market for interior fit-outs with multinational companies from Europe and Asia said an export manager of an Egypt-based French home furnishing company.
UAE accounts for 35% of GCC’s interior fit-out market and is expected to be valued at $2.73 billion this year. Estimated expenditure on interiors and fit-outs is expected to be up 29% over last year at $9.57 billion.
The demand for interior fit-outs has strengthened compared to 2009 – 2012 says a major player in the interior and exterior work for private homes and hotels. People are willing to buy more houses than in the previous years, and there are more hotels being built in the UAE and some GCC countries said Olga Gubanova, managing director of Design Group International.
For 3D visualisers such as The Visualiser who already work with clients on property projects in the Middle East, this is a positive outlook. Visit our interior design page for more information about 3D visualisation services for interior designers or contact us here.