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:
- Urbanization and Population Expansion:High urbanization and population growth are key factors driving the real estate market in the GCC.
- Government Investments and Infrastructure Development:Substantial government investments in infrastructure and large-scale real estate projects are accelerating market growth.
Projects span commercial, residential, and industrial real estate sectors. - National Initiatives Boosting Real Estate:Saudi Arabia’s Vision 2030, the UAE’s Smart Cities initiatives, and Qatar’s National Vision 2030 are fostering luxury properties, affordable housing, and modern commercial spaces.
- Foreign Investments and Regulations:Attractive returns and favorable regulations are drawing foreign investors, boosting market activity.
- Tourism Recovery Post-Pandemic:The resurgence of the tourism sector is increasing demand for hospitality and retail properties across the region.
- Sustainability Emphasis:Developers are adopting green building practices, renewable energy solutions, and efficient resource management systems to meet environmental standards.
Eco-conscious buyers are increasingly driving demand for sustainable properties. - Integration of Smart Technologies:The popularity of smart homes and buildings equipped with IoT devices, AI-driven security systems, and energy-efficient technologies is rising among residents and investors.
- Mixed-Use Developments:Projects combining residential, commercial, and recreational facilities are meeting the evolving lifestyle preferences of the region’s diverse population.
- Growth of Real Estate Investment Trusts (REITs):REITs are improving market liquidity and providing retail investors access to the real estate sector.
This trend is expected to significantly drive the GCC real estate market in the forecasted period.
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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