GCC Real Estate Market

# GCC Real Estate Market Size, Share, Growth, and Forecast 2025-2033 GCC Real Estate Market Overview Market Size in 2024: USD 131.86 Billion Market Size in 2033: USD 252.80 Billion Market Growth Rate 2025-2033: 7.10% According to IMARC Group’s latest research publication, “GCC Real Estate Market Report by Fund Type (Buyout, Venture Capital (VCs), Real Estate, Infrastructure, and Others), and Country 2025-2033", the GCC real estate market size was valued at USD 131.86 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 252.80 Billion by 2033, exhibiting a CAGR of 7.10% during 2025-2033. How AI is Reshaping the Future of GCC Real Estate Market <ul> <li>AI-powered platforms in the GCC real estate market are optimizing space usage and reducing construction costs by over 10%, driving efficiency gains for developers and investors.</li> <li>The UAE’s National Strategy for AI 2031 fuels innovations like AIR Realtor, which uses AI for real-time price adjustments and personalized property recommendations, transforming sales processes.</li> <li>AI-driven digital twins enable virtual property tours and data analytics, helping off-plan developments achieve earlier buyer commitments and reducing sales cycle times significantly.</li> <li>New AI decision platforms like pX provide institutional-grade insights tailored for Gulf real estate, matching complex regulations and giga-project scales to attract global investments.</li> <li>Government initiatives such as Saudi Vision 2030 integrate AI solutions in smart city projects, boosting the GCC’s real estate sector by enhancing infrastructure and easing regulatory frameworks.</li> </ul> Grab a sample PDF of this report: <a href="https://www.imarcgroup.com/gcc-real-estate-market/requestsample">https://www.imarcgroup.com/gcc-real-estate-market/requestsample</a> GCC Real Estate Market Trends & Drivers: The GCC real estate market is currently driven by a strong surge in investor demand, especially fueled by luxury and off-plan property sales in key hubs like Dubai, Riyadh, and Kuwait. For instance, Dubai reported a 23.4% increase in transaction volumes recently, with activity soaring in premium segments and master-planned communities. This demand is supported by a growing expatriate and high-net-worth individual population relocating to the region, attracted by favorable living conditions and economic opportunities. Property values are appreciating steadily, backed by a dynamic mix of commercial, residential, and hospitality investments, which keep interest high among local and international buyers alike. Government initiatives play a pivotal role in sustaining the market’s momentum. National visions like Saudi Arabia’s Vision 2030 and the UAE Vision 2040 focus heavily on economic diversification, pushing large-scale infrastructure and mega-project developments such as NEOM, Masdar City, and the Red Sea Project. These projects not only expand urban landscapes but also create substantial demand for residential, commercial, and mixed-use developments. Additionally, many GCC countries offer attractive investment policies, streamlined regulations, and extended residency options for foreign investors, all of which encourage serious capital inflows into the property market, boosting confidence and market activity. Emerging trends shaping the GCC real estate landscape include increasing adoption of sustainability and smart technologies in new developments. Developers are integrating green building designs and smart home features to appeal to environmentally conscious buyers. Also, there’s a growing shift toward affordable and middle-class housing driven by demographic pressures and urbanization, with governments supporting such projects through financing and land incentives. Another trend is the rise of digital transactions, including cryptocurrency-enabled property deals, which is opening fresh investment channels and promoting transparency. This blend of innovation, wider affordability, and tech-enabled convenience is redefining the real estate market’s growth trajectory across the region. IMARCs report provides a deep dive into the GCC <a href="https://www.imarcgroup.com/gcc-real-estate-market">real estate market analysis</a>, outlining the current trends, underlying market demand, and growth trajectories. GCC Real Estate Industry Segmentation: The report has segmented the market into the following categories: Analysis by Property: <ul> <li>Residential</li> <li>Commercial</li> <li>Industrial</li> <li>Land</li> </ul> Analysis by Business: <ul> <li>Sales</li> <li>Rental</li> </ul> Analysis by Mode: <ul> <li>Online</li> <li>Offline</li> </ul> Regional Analysis: <ul> <li>Saudi Arabia</li> <li>UAE</li> <li>Qatar</li> <li>Bahrain</li> <li>Kuwait</li> <li>Oman</li> </ul> Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players. Recent News and Developments in GCC Real Estate Market <ul> <li>2025 August: Dubai’s real estate market experiences robust buyer interest, with off-plan developments in areas like Arjan, Jumeirah Village Circle, and Dubai South leading demand. Villa supply remains tight in family-friendly gated communities such as Dubai Hills Estate and Arabian Ranches. High-net-worth investors focus on luxury and branded residences in prime locations like Palm Jumeirah and Dubai Marina, driven partly by the UAE’s 10-year residency visa program encouraging long-term investments.</li> </ul> <ul> <li>2025 July: Saudi Arabia advances its real estate sector with mega-projects like NEOM and Qiddiya reshaping urban landscapes and attracting international investors. Riyadh and Jeddah see rising residential demand, supported by strong infrastructure upgrades. Premium residency initiatives across the GCC continue to boost demand for high-value properties, as governments seek to attract wealthy residents and diversify their economies through real estate investment incentives.</li> </ul> <ul> <li>2025 June: GCC-wide real estate transactions reach $78.2 billion in Q1, marking a 20% increase driven by Dubai and Abu Dhabi’s strong performance. Abu Dhabi reports the highest growth rates with significant increases in buy-sell and mortgage transactions. Advanced technologies such as AI-driven digital twins are increasingly adopted in property management and development, helping optimize energy use, maintenance, and customer experience, signaling a tech-enabled evolution in the region’s real estate market.</li> </ul> Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations. 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 provides 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: +1-201971-6302