THE MIDDLE EAST’S
Most Impactful
Real Estate Leaders 2024
The real estate market is a cornerstone of any economy and affects a vast number of people through its movements. In 2024, the real estate sector continues to have promising long-term potential. Robust economic growth, expanding population, and government investment could all contribute to increasing demand for real estate.
Governments, corporates, and semi-government developers are investing in real estate projects throughout the region, particularly in Saudi Arabia, Egypt, and the UAE. These projects are giving a huge boost to the regional construction sector, which also has a positive outlook over the next few years.
Real estate sales transactions in the GCC between January and October 2023 reached $171.6 billion, up 21.1% year-on-year, according to a report by Kamco Invest. Dubai’s transactions increased by 57% during the same period, contributing 52.1% to the GCC’s total transacted value.
Our list of The Middle East’s Most Impactful Real Estate Leaders 2024 features 33 companies from the U.A.E., followed by Saudi Arabia with 23 entries and Egypt with 20.
Most Impactful Real Estate Leaders 2024
Methodology
We ranked companies based on the following:
● Total assets, market value, and revenues, where available.
● Value and/or size of the landbank and number of units held by the developer.
● Value of projects completed.
● Value of projects under construction.
● The developer’s commitment in terms of delivering the properties to the buyers.
Methodology
We ranked companies based on the following:
● Total assets, market value, and revenues, where available.
● Value and/or size of the landbank and number of units held by the developer.
● Value of projects completed.
● Value of projects under construction.
● The developer’s commitment in terms of delivering the properties to the buyers.