Real Estate Market in GCC 2025:
How Big is the GCC Real Estate Industry?
The GCC real estate market size 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.
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%
GCC Real Estate Market Trends and Drivers:
A combination of factors, including high urbanization, population expansion, as well as substantial government investments in infrastructure development, are responsible for the growth of the GCC real estate market. Additionally, the market is propelling as large-scale projects in commercial, residential, and industrial real estate sectors are investing highly in real estate. Initiatives such as Saudi Arabia's Vision 2030, the UAE's Smart Cities initiatives, and Qatar's National Vision 2030 are creating a robust pipeline of real estate developments, including luxury properties, affordable housing, and state-of-the-art commercial spaces. Moreover, the influx of foreign investors, drawn by attractive returns and favorable regulations, is bolstering the market. The recovery of the tourism industry post-pandemic is further driving demand for hospitality and retail properties across the GCC.
The growing emphasis on sustainability and smart technologies is augmenting the GCC real estate market. In addition to this, developers are increasingly incorporating green building practices, renewable energy sources, along with efficient resource management systems to meet environmental standards and cater to eco-conscious buyers. Smart homes and buildings equipped with advanced technologies, such as IoT-enabled devices, AI-driven security systems, and energy-efficient solutions, are gaining popularity among both residents and investors. Furthermore, the rise of mixed-use developments that integrate residential, commercial, and recreational facilities is addressing the evolving lifestyle preferences of the region’s diverse population. Apart from this, the growth of real estate investment trusts (REITs) is enhancing market liquidity, offering retail investors opportunities to participate in the sector, and is anticipated to drive the GCC real estate market over the forecasted period.
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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
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Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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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