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:
- Adoption of Green Building Practices: Emphasis on sustainability and environmental compliance is driving the adoption of green building technologies.
- Urbanization and Modern Housing Demand: Rapid urbanization is increasing demand for modern housing and office spaces.
- Reduced Dependence on Oil Revenues: Efforts to reduce reliance on crude oil sales are boosting growth in residential, commercial, and mixed-use real estate segments.
- Government Investments in Mega-Projects: Initiatives like Saudi Arabia’s Vision 2030 and UAE’s Expo 2020 legacy developments are fueling growth in smart cities, tourism hubs, and business districts.
- Economic Diversification and Infrastructure Development: Strong focus on economic diversification and large-scale infrastructure projects is driving the real estate market.
- Foreign Investments and Public-Private Partnerships: Increased participation of foreign investors and public-private collaborations are bringing capital and expertise to the market.
- Demand for Luxury and Affordable Housing: Growing demand for luxury homes, affordable housing, and integrated community developments is shaping the market.
- Innovations in Construction: Technologies like 3D printing, modular construction, and smart home solutions are improving construction speed, cost efficiency, and livability.
- E-Commerce Impact on Logistics Facilities: The e-commerce boom is driving demand for logistics and warehouse facilities, diversifying the real estate segment.
- Regulatory Reforms for Transparency: Governments are implementing regulations to enhance transparency and attract more investments, ensuring market stability.
- Future Outlook: The GCC real estate market is on a steady growth trajectory, supported by economic diversification, technological advancements, and government initiatives. The integration of sustainable practices, innovative construction methods, and increased foreign investments will continue to drive the market, aligning with the region’s economic transformation goals.
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.
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IMARC Group
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Email: [email protected]
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