ACE seeks to capitalise on UAE realty boom

  • Date: 17-Feb-2023
  • Source: Khaleej Times
  • Sector:Financial Markets
  • Country:UAE
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ACE seeks to capitalise on UAE realty boom

Home improvement market seen pushing sales as buyers move to suburbs

The ACE store at Dubai Festival City. - Supplied photo

Published: Fri 17 Feb 2023, 5:51 PM

The home improvement market in the UAE has seen a major boom, especially since the pandemic. Consumers have used the lockdown to work on renovations, DIY projects and home improvements. With the growing trend of people in the region moving towards owning a home, this segment is expected continue to grow. DIY culture is steadily gaining prominence in the region.

Al-Futtaim ACE has been one of the biggest players in the home improvement market in the UAE. “We continue to bring high quality products from top local and international brands to the region. Our customers can shop a range of power tools, hand tools, hardware, electrical, safety & security, flooring, plumbing supplies and more,” a spokespersons said.

The segment has also received a boost from the resurgence in the overall property market in the country. “The UAE is gearing up for suburban living boom in the coming years. At ACE, we understand how this can be a key driver of our sales,” the spokesperson said. The location of a retail store greatly affects its sales. Properties in