In 2021, the U.A.E. property management software market was at USD 53.9 million, and the Saudi Arabia property management software market was at USD 37.0 million both markets are projected to grow significantly in the future as well, as per the research report by market research company P&S Intelligence.

 This growth can be credited to the increasing need for the software-as-a-service (SaaS) model of the management of property, the developing need for remotely taking care of property management, and snowballing building activities.

With the surge in expenditure in the manufacturing industry, the U.A.E. property management software industry is on new heights. For example, the Government of the U.A.E. has permitted a total investment of USD 15.5 billion to help educational, social, cultural, and social events, also infrastructure growth in the U.A.E. 

Moreover, 29 expansion projects valued at USD 544.5 million were permitted in Dubai in 2020 for the addition of 8 million square meters of great outdoors and gardens to commercial and residential areas.

 Furthermore, in Saudi Arabia, the Ministry of Municipal and Rural Affairs has introduced smart city inventiveness as one of the municipal transformation projects deriving from the National Transformation Program 2020 and the Saudi vision 2030.

Browse detailed report - U.A.E. & Saudi Arabia Property Management Software Market Analysis and Demand Forecast Report

Cloud technology is one of the main innovations in the software market, significantly altering the way software is sent to customers. This change has allowed software developers to emphasize more on the technological feature of the software while outsourcing the management characteristic to cloud service providers. Hence, SaaS-integrated and cloud computing services have become a more relaying method of delivering services.

Hence, the increasing need for the software-as-a-service (SaaS) model of the management of property, will drive the U.A.E. and Saudi Arabia property management software industry.