GCC Real Estate Market Outlook, Industry Size, Growth Factors, Investment Opportunity 2024-2032

GCC Real Estate Market Overview

Market Statistics

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 5.13% (2024-2032)

The GCC real estate market is expanding, driven by urbanization, economic diversification, government initiatives, and increased foreign investments. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 5.13% from 2024 to 2032.


GCC Real Estate Market Trends and Drivers:

The expanding urbanization, initiatives by government authorities, as well as the increasing foreign investment, are responsible for the growth of the GCC real estate market. Additionally, major economies such as the UAE and Saudi Arabia are implementing large-scale development projects aimed at boosting tourism, diversifying economies, and creating smart cities. Initiatives like Saudi Vision 2030 and Dubai’s Expo 2020 have played a crucial role in propelling the real estate sector forward, spurring the construction of residential, commercial, and infrastructure projects. The growing demand for high-quality residential properties, fueled by population growth and expatriate influx, is another key driver, while the rising focus on affordable housing is helping to diversify the market further. 

The increasing utilization of sustainability along with smart technologies is augmenting the GCC real estate market. In addition to this, as government authorities emphasize green building standards and energy efficiency, developers are incorporating eco-friendly materials, renewable energy systems, and smart home technologies into their projects. This trend aligns with the region's broader efforts to lower carbon footprints and promote environmental sustainability. Additionally, the digital transformation of the real estate market, with the rise of property technology (PropTech) solutions such as virtual property tours and online property management platforms, is enhancing market accessibility and customer experience. Furthermore, favorable government policies, including relaxed foreign ownership regulations, are attracting international investors and stimulating the market. Apart from this, a mix of innovation, sustainability, and strategic development plans is anticipated to drive the GCC real estate market in the coming years.

Request for a sample copy of this report: https://www.imarcgroup.com/gcc-real-estate-market/requestsample

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

Ask Analyst for Customizationhttps://www.imarcgroup.com/request?type=report&id=9013&flag=C

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 (2018-2023)
  • Market Outlook (2024-2032)
  • 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.

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: +1-631-791-1145

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