RIYADH: Gulf real estate markets are expected to extend their growth into the first half of 2026, with Saudi Arabia, the UAE and Kuwait leading activity, a new analysis showed.
The report by Kuwait Financial Center, also known as Markaz, said sustained momentum across the Gulf Cooperation Council will be driven by steady economic growth, improving liquidity and a more accommodative interest rate environment.
Developing a robust real estate landscape remains central to GCC governments’ diversification strategies as they seek to reduce reliance on crude revenues.
In Saudi Arabia, the Real Estate General Authority expects the Kingdom’s property market to reach $101.62 billion by 2029, with an anticipated compound annual growth rate of 8 percent from 2024.
Setting out its forecast for six months to the end of June, the report said: “Markaz expects the GCC real estate market to remain in an accelerating phase in the first half of this year.”
