Home GCCReal Estate GCC real estate deals surge 21pc in 10 months to hit $172bn

GCC real estate deals surge 21pc in 10 months to hit $172bn

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The value of real estate deals in the GCC countries reached $171.6 billion from January to October 2023 (10 months), marking a growth of 21.1% annually as compared to $141.7 billion in the same period of 2022, said a report.

 

The report, issued by Kamco Invest said Dubai accounted for 52.1% of the total value of real estate deals executed across all GCC countries, a WAM report said. The value of real estate deals in Dubai surged by almost 57% annually during the first ten months of 2023, driven significantly by the rise in…



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