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Abdulla Al Saleh

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gcc real estate transactions exceed 383 billion in 2024 driving growth

The GCC real estate sector experienced a remarkable surge in 2024, with transactions exceeding $383 billion, marking a 25% annual increase. Dubai dominated the market, accounting for 54% of transactions, while Saudi Arabia followed with $75.7 billion. Population growth, particularly among expatriates, is driving demand, with urban populations expected to rise significantly by 2030.
Fast Company Middle East | The future of tech, business and innovation.
United Arab Emirates Dirham United States Dollar Qatari Riyal Saudi Riyal Knight Frank LLP ARE QAT OMN KWT SAU Abdulla Al Saleh Show more
Finance & Economy, Market Report
11:14 26.02.2025
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