GCC Real Estate Market Size, Share, Demand, Report, Forecast 2025-2033

Real Estate Market-GCC

Market Statistics

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Size in 2024: USD 131.9 Billion

Market Size in 2033: USD USD 252.8 Billion

Market Growth Rate (CAGR) 2025-2033: 7.1%

According to IMARC Group's report titled "GCC Real Estate Market Report and Forecast 2025-2033," the market reached USD 131.9 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 252.8 billion by 2033, exhibiting a growth rate (CAGR) of 7.1% during 2025-2033.

GCC Real Estate Market Trends and Drivers:

1. Rising Demand:

   • Increased influx of expatriates and international businesses boosting demand for housing, office spaces, and retail outlets.

   • Rising disposable incomes and shifting lifestyle preferences driving interest in luxury properties, integrated communities, and smart home technologies.

   • Affordable housing projects gaining traction, catering to the middle-income segment and addressing diverse market needs.

2. Transformative Government Initiatives:

   • Saudi Vision 2030 and UAE Centennial 2071 fueling investments in residential, commercial, and mixed-use projects.

   • Urban landscapes being reshaped by these investments.

3. Economic Diversification and Population Growth:

   • Remarkable growth driven by economic diversification and population expansion.

   • Expansive infrastructure developments across the region.

4. Advanced Digital Technologies:

   • Developers leveraging virtual reality, AI-powered analytics, and blockchain to enhance property management and streamline sales processes.

   • Improved transparency in real estate transactions.

5. Smart City Initiatives:

   • Incorporation of IoT-enabled infrastructure fostering modern, technology-driven environments.

6. Sustainability Focus:

   • Growing emphasis on green building certifications, energy-efficient designs, and renewable energy integration.

   • Sustainability becoming a key priority for developers.

7. Real Estate Investment Trusts (REITs):

   • Rise of REITs enhancing market liquidity and providing diversified investment opportunities.

8. Regulatory Reforms:

   • Ongoing reforms aimed at improving transparency and encouraging foreign investment.

   • These reforms expected to drive sustained growth.

9. Future Outlook:

   • The GCC real estate sector is set to play a pivotal role in the region’s economic transformation and modernization.

Download sample copy of the Report: https://www.imarcgroup.com/gcc-real-estate-market/requestsample

GCC Real Estate Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Property:

• Residential

• Commercial

• Industrial

• Land

Breakup by Business:

• Sales

• Rental 

Breakup by Mode:

• Online

• Offline

Breakup by Country:

• Saudi Arabia

• UAE

• Qatar

• Bahrain

• Kuwait

• Oman

Request for customization: https://www.imarcgroup.com/request?type=report&id=9013&flag=C

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2019-2024)

• Market Outlook (2025-2033)

• COVID-19 Impact on the Market

• Porter’s Five Forces Analysis

• Strategic Recommendations

• Historical, Current and Future Market Trends

• Market Drivers and Success Factors

• SWOT Analysis

• Structure of the Market

• Value Chain Analysis

• Comprehensive Mapping of the Competitive Landscape
  

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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