GCC Luxury Residential Real Estate Market Comprehensive Analysis and Forecast 2025 to 2030

Business Mar 3, 2025 19 Add to Reading List

Markntel Advisors’ report, GCC Luxury Residential Real Estate Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the GCC Luxury Residential Real Estate presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

GCC Luxury Residential Real Estate Market Research Report & Market Summary:

The GCC Luxury Residential Real Estate Market size was valued at around USD 176.29 billion in 2024 and is projected to reach USD 215 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 2.98% during the forecast period, i.e., 2025-30. The main reason behind this growth is the desire of people to live in luxury homes that have multiple advantages such as large spaces, attractive interiors, and enhanced security along with high-class amenities such as play areas, swimming pools, and much more. All these factors combined provide a high-quality life and also act as a symbol of status for the consumers.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/gcc-luxury-residential-real-estate-market.html

GCC Luxury Residential Real Estate Market Dynamics:

Key Driver-

Tax Benefits Attracting a High Number of Investors – The tax benefits available in this region are the main factors that attract a lot of local and foreign people to invest in luxury properties in this region. There are no taxes involved in buying a property or any yearly charges in the UAE, Qatar, Kuwait, and Oman. In Saudi Arabia and Bahrain, buyers are free from annual taxes, but they have to pay taxes for transferring the properties to themselves. This tax is only around 2% in Bahrain and 5% in Saudi Arabia. As a result, luxury houses have become more attractive and accessible for buyers and investors in this region. For instance, real estate transactions increased by around 13.1% in Sharjah that were worth around USD 7.4 billion in 2023.

Therefore, due to the absence of various taxes, a very high number of investments have been noted in luxury residential real estate in the GCC region, from both local and foreign investors, and this trend is expected to continue in the forecast years as well.

GCC Luxury Residential Real Estate Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Type

Flats & Apartments - Market Size & Forecast 2020-2030, USD Million
Condominiums - Market Size & Forecast 2020-2030, USD Million
Penthouses - Market Size & Forecast 2020-2030, USD Million
Townhouses & Villas - Market Size & Forecast 2020-2030, USD Million
Others - Market Size & Forecast 2020-2030, USD Million

Based on the type of luxury residential property, townhouses & villas are the most purchased luxury properties holding a market share of around 49%.

By Configuration

1-2 Bedrooms (BHK) - Market Size & Forecast 2020-2030, USD Million
3-4 Bedrooms (BHK) - Market Size & Forecast 2020-2030, USD Million
5-6 Bedrooms (BHK) - Market Size & Forecast 2020-2030, USD Million
7 & above Bedrooms (BHK) - Market Size & Forecast 2020-2030, USD Million

Based on the configuration, 5-6 Bedroom segment lead the luxury residential real estate market with a market share of around 58%.

By Furnishing

Fully-Furnished - Market Size & Forecast 2020-2030, USD Million
Semi-Furnished - Market Size & Forecast 2020-2030, USD Million

By Size

Less than 5,000 sq. ft. - Market Size & Forecast 2020-2030, USD Million
5,000 – 10,000 sq. ft. - Market Size & Forecast 2020-2030, USD Million
10,000 – 15,000 sq. ft. - Market Size & Forecast 2020-2030, USD Million
15,000 – 20,000 sq. ft. - Market Size & Forecast 2020-2030, USD Million
Above 20,000 sq. ft. - Market Size & Forecast 2020-2030, USD Million

By Price

1 – 5 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
5 – 10 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
10 – 20 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
20 – 50 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
50 – 100 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
Above 100 (USD Millions) - Market Size & Forecast 2020-2030, USD Million

By Region

The UAE
Saudi Arabia
Qatar
Kuwait
Oman
Bahrain.

Regionally, the UAE dominates the market with a market share of around 46%. This is because the UAE has a highly developed infrastructure which attracts a lot of people to invest in this place. Additionally, the UAE is home to many leading real estate developers.

As indicated in the latest market research report published by Markntel Advisors, “GCC Luxury Residential Real Estate Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the GCC Luxury Residential Real Estate industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/gcc-luxury-residential-real-estate-market.html

Top Companies Operating in the GCC Luxury Residential Real Estate Market:

Emaar Properties
Sobha Realty
Meraas
Nakheel Properties
DAMAC Properties
Dar Al Arkan
Jabal Omar Development Company
Barwa Real Estate
Wujha Real Estate
Al Raid Group
Al Mouj Muscat
Al Akaria

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Other Report:

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Key Report Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
What are the trends influencing the current scenario of the market?
What leading factors would propel and impede the industry across the geography?
How has the industry been evolving in terms of geography & GCC Luxury Residential Real Estate Market adoption?
How has the competition been shaping up across the geography?

Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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