GCC real estate transactions grow 20 percent to $78.2 billion in Q1 2025: Report.

Total real estate transactions across the GCC region reached as much as $78.2 billion in the first quarter of 2025, growing between 20.5 percent and 22.3 percent, according to its latest estimates by Sakan. This strong performance follows a 25 percent increase in transactions last year to over $383 billion.

Dubai has once again emerged as the leading market in the GCC, posting $38.7 billion in sales and accounting for nearly half of the region’s total real estate transaction value. Dubai’s real estate transactions were 23.4 percent higher than the same period last year.

In second place came Saudi Arabia, the second-largest real estate market in the GCC, with transactions totaling at least $20.3 billion, capturing 26 percent of the region’s market share.

The UAE as a whole, including Dubai, Abu Dhabi, Sharjah, and Ajman, collectively accounted for 65 percent of the GCC region’s total estimated real estate transaction value, highlighting the country’s importance in the growth of the region’s property market.

Abu Dhabi registered the largest year-on-year growth at 34.5 percent, followed by Sharjah at 31.9 percent, Ajman at 29 percent, and Kuwait at 24 percent.

Earlier this week, the Abu Dhabi Real Estate Center reported that the total transaction value grew by 34.5 percent to AED25.3 billion ($6.89 billion) across 6,896 deals in the first quarter of 2025, marking a significant increase from AED18.82 billion from 5,773 transactions during the same quarter of 2024.

Source: Economymiddleeast