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 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.
Download sample copy of the Report: https://www.imarcgroup.com/gcc-real-estate-market/requestsample
GCC Real Estate Market Trends and Drivers:
- Substantial Market Growth:
- Driven by economic diversification, population growth, and large-scale infrastructure projects.
- Major initiatives like Saudi Vision 2030 and UAE Centennial 2071 are reshaping urban landscapes through investments in residential, commercial, and mixed-use developments.
- Increased Demand:
- Influx of expatriates and international businesses has boosted demand for housing, office spaces, and retail outlets.
- Rising disposable incomes and evolving lifestyle preferences are driving interest in luxury properties, integrated communities, and smart home technologies.
- Emphasis on affordable housing caters to the needs of middle-income families, promoting balanced market growth.
- Technological Integration:
- Adoption of advanced tools like virtual reality, AI-driven analytics, and blockchain for property management and enhanced transparency.
- Development of smart city initiatives with IoT-enabled infrastructure, creating technologically advanced urban environments.
- Focus on Sustainability:
- Developers prioritize green building certifications, energy-efficient designs, and renewable energy integration.
- Sustainability is a core priority, aligning with global environmental goals.
- Emergence of REITs:
- Real estate investment trusts (REITs) enhance market liquidity and provide diverse investment opportunities.
- Regulatory Reforms:
- Promoting transparency and encouraging foreign investment through ongoing regulatory changes.
- Strategic Importance:
- These factors collectively position the GCC real estate market as a key driver of economic modernization and transformation in the region.
GCC Real Estate Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest GCC real estate market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
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.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
