Gulf property sales rise to greater heights across the region

The real estate boom in Abu Dhabi and Dubai is reverberating across the rest of the Gulf.

Robust sales, rising values and growing investor demand are evident for both residential and commercial properties throughout the region, Markaz, the Kuwait Financial Centre, says in a newly issued report.

In the first quarter of 2025, the UAE real estate market led the region with transaction values reaching $65 billion. Dubai sales increased 30% from the same period in 2024.

Reviewing Saudi Arabia’s property market, Markaz noted the 37% increase in first-quarter sales compared to the previous year and a 4.3% increase in the real estate price index.

Citing lower interest rates, government fiscal support and sustained state investment in economic diversification, Markaz found signs that Kuwait’s real estate is rebounding, though the office market remains flat. Overall, first quarter property sales rose 45% to $2.6 billion from the year-ago quarter, the report said.