Emirati Women’s Day: Celebrating Women and Their Achievements

August 27, 2024

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Dubai Market Trends & News

Emirati Women’s Day: Celebrating Women and Their Achievements - Provident Estate

As the UAE commemorates Emirati Women’s Day, we take a moment to honor the incredible contributions of Emirati women who are not only shaping society but also leaving an indelible mark on Dubai’s thriving property market. This day recognizes the achievements, resilience, and leadership of women across various sectors. In the real estate industry, Emirati women have emerged as powerful forces, driving innovation, leading development projects, and transforming the landscape of Dubai. Let’s find out more about Emirates Women’s Day and the role of women in Dubai’s property market.

Why is Emirati Women's Day celebrated?

Emirates Women's Day, celebrated annually on August 28th, was established in 2015 by Her Highness Sheikha Fatima bint Mubarak, the "Mother of the Nation," to honor the invaluable contributions of women to the UAE's development. The day aligns with the founding of the General Women's Union in 1975, which has played a crucial role in advocating for women's rights and empowerment in the UAE.

Emirates Women's Day is celebrated through various events and initiatives across the country, including conferences, seminars, and awards ceremonies that recognize the achievements of Emirati women in diverse sectors such as business, education, healthcare, and government. Companies and organizations often host special programs to honor their female employees and highlight their contributions.

Emirati Women’s Day Celebrations

The Rise of Emirati Women in Real Estate

Historically, real estate in Dubai has been a sector dominated by male professionals, but the narrative is changing rapidly. Today, Emirati women are making significant strides as investors, developers, and brokers, playing pivotal roles in the industry’s growth. Their involvement is not merely symbolic; they are at the forefront of major projects, contributing to the strategic vision that continues to position Dubai as a global real estate hub.

These trailblazers bring a unique perspective to the market, blending traditional values with modern business acumen. Whether investing in luxury developments, leading innovative property ventures, or brokering significant deals, Emirati women are proving that they are not just participants in this industry—they are key drivers of its success.

Women as investors

The UAE has long been a global hub for real estate investment, but 2023 marks a pivotal year with women increasingly taking a leading role in the market. The surge in female investors reflects broader societal changes, with more women achieving financial independence and actively managing their wealth. This trend is particularly strong among Emirati, South Asian, and Far East Asian women, who have become key players in the UAE’s booming property market.

In a remarkable development, the UAE's real estate sector saw a record-breaking $25 billion invested by women in 2023, a 53.9 percent increase compared to 2022. As they continue to lead the way, their contributions are reshaping the market and paving the way for a more inclusive and dynamic future in real estate, positioning women not just as participants but as leaders in the industry.

Emirati Women's Day

Government Support: Empowering Women in Real Estate

The UAE government has played a vital role in empowering women across all sectors, including real estate, through progressive policies, initiatives, and gender equality laws. These efforts have created a supportive environment where women can excel. Programs like the Dubai Real Estate Broker Programme and various entrepreneurship initiatives have been crucial in encouraging more Emirati women to pursue careers and investments in real estate.

The program has already led to a record 17 percent annual jump in real estate transactions in 2023, reaching 1.6 million across various market segments, according to the latest data from the Dubai Land Department (DLD). In its next phase, the programme aims to partner with additional developers and real estate brokers to qualify more Emiratis, including an increased focus on encouraging Emirati women to take up roles with developers. This government support has enabled women to rise to leadership positions, manage large-scale projects, and significantly contribute to Dubai's economic development. 

Influential Emirati Women in the Property Market

Several Emirati women have made headlines for their contributions to Dubai’s real estate sector. Leaders like Amira Sajwani, Managing Director of Sales & Development at DAMAC Properties, have been instrumental in driving growth and innovation within the industry. Through her work at DAMAC and her tech-driven platform PRYPCO, she has redefined the way real estate transactions are conducted, making them more accessible and efficient.

Another notable figure is Nadia Zaal, the co-founder of Zaya, a boutique real estate development company known for its luxurious projects. Her vision and leadership have set new standards in the luxury real estate market, contributing to Dubai’s reputation as a destination for premium property investments.

These women, among many others, are not only transforming the real estate landscape but are also inspiring the next generation of Emirati women to pursue careers in this dynamic industry.

The Future of Women in Dubai’s Real Estate

As we look to the future, the role of women in Dubai’s property market is set to expand even further. With continuous government support, educational opportunities, and an ever-growing market, Emirati women's potential to shape real estate's future is limitless.

Emirati Women’s Day is a time to reflect on the progress made and the future possibilities for women in the UAE. Emirati women in Dubai’s real estate sector are proving to be more than just contributors—they are leaders, innovators, and change-makers.

Let us celebrate these achievements and continue to support the growth and empowerment of Emirati women in all sectors, particularly in the ever-evolving world of Dubai real estate.

FAQs

August 28 was chosen as Emirati Women's Day to commemorate the founding of the General Women's Union (GWU) on this date in 1975. The GWU, established under the leadership of Her Highness Sheikha Fatima bint Mubarak, has been instrumental in advocating for women's rights and empowerment in the UAE. The day celebrates the achievements of Emirati women and their contributions to the nation's development.

Yes, Dubai celebrates both Emirati Women's Day on August 28 and International Women's Day on March 8. Emirati Women's Day focuses on the achievements of women within the UAE, particularly Emirati women, while International Women's Day is part of a global celebration recognizing the social, economic, cultural, and political achievements of women worldwide.

International Women's Day is celebrated annually on March 8. It is a global day recognizing the achievements of women and promoting gender equality. The day is marked by events and activities worldwide that advocate for women's rights and raise awareness of the ongoing challenges women face in achieving full equality.

For more information, get in touch with us at Provident