Middle East Real Estate Market Size, Industry Trends, Share, Growth and Report 2024-2032
IMARC Group, a leading market research company, has recently releases report titled “Middle East Real Estate Market Report by Property (Residential, Commercial, Industrial, Land), Business (Sales, Rental), Mode (Online, Offline), and Country 2024-2032”. The study provides a detailed analysis of the industry, including the Middle East real estate market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Middle East Real Estate Market?
Middle East real estate market size is projected to exhibit a growth rate (CAGR) of 5.30% during 2024-2032.
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Middle East Real Estate Market Trends and Drivers:
The growing emphasis on sustainable as well as smart building solutions is one of the factors responsible for the growth of the Middle East real estate market. Additionally, the market is expanding as government authorities and developers in the region are prioritizing green building practices, integrating renewable energy sources, and adopting advanced technologies. This shift is largely driven by national visions, such as Vision 2030 and the UAE's Vision 2021, which emphasize sustainability and technological innovation. These initiatives aim to reduce environmental impact and improve the quality of urban living, making the region more attractive to investors and residents alike.
Another significant driver is the diversification of economies away from oil dependence. Countries in the Middle East are investing heavily in the real estate sector to boost tourism, hospitality, and retail, thereby enhancing economic stability. In addition to this, mega projects like the NEOM city of Saudi Arabia, Expo 2020 legacy developments in Dubai, and infrastructure expansion in Qatar for the FIFA World Cup 2022 are key examples. These projects are creating a surge in demand for both residential and commercial properties. Besides this, favorable policies made by government authorities, such as relaxed foreign ownership laws and visa reforms, are encouraging foreign investment in the real estate market. The growing expatriate population and increasing urbanization rates are further fueling the need for diverse real estate offerings, including luxury residences, affordable housing, and commercial spaces, contributing to the overall growth and transformation that is anticipated to drive the Middle East real estate market over the forecasted period.
Middle East Real Estate Market Report Segmentation:
The report is organized into distinct sections as follows:
Property Insights:
- Residential
- Commercial
- Industrial
- Land
Business Insights:
- Sales
- Rental
Mode Insights:
- Online
- Offline
Country Insights:
- Saudi Arabia
- Turkey
- Israel
- United Arab Emirates
- Iran
- Iraq
- Qatar
- Kuwait
- Oman
- Jordan
- Bahrain
- Others
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Other Key Points Covered in the Report:
- COVID-19 Impact
- Porters Five Forces Analysis
- Value Chain Analysis
- Strategic Recommendations
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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