Construction disputes, a significant facet of the legal profession in the United Arab Emirates (UAE), are anticipated to gain in complexity with the ever-expanding industry. For firms operating in the region, these emerging scenarios require a strategic approach to navigate intricate government policies, contend with fierce competition, leverage advancing technology and bridge communication gaps effectively.
As reported, construction holds a pivotal role in the UAE’s economic progress. The sector, estimated to hit the $41 billion mark in 2024, is projected to further expand to $50.4 billion by 2029, as per data from Mordor Intelligence, a market research and advisory firm.
The sizeable increase in the industry value is paralleled by an uptick in legal disputes related to the field. Arbitration, constituting 49% of these cases, emerges as a highly relevant domain. The simultaneous growth in both industry size and dispute volume presents an interesting challenge for law firms, pushing them to adapt to the dynamic environment and hone their skills accordingly.