The real estate industry in MENA experienced a remarkable year in 2024, characterized by robust growth, record-breaking transactions, and increasing investor confidence. The region positioned itself as a driving force in the global property market, with Dubai leading the charge as one of the most dynamic and resilient real estate markets worldwide.

In 2024, Dubai’s real estate transaction value surged by 20%, reaching $207.2 billion. The emirate also attracted 110,000 new investors to its real estate sector, achieving a 55% increase compared to 2023. Dubai’s residential real estate market also achieved unprecedented transaction volumes, recording a 47% year-on-year increase, according to Savills Middle East. The sector was primarily driven by strong investor confidence and growing demand for high-quality properties.

Meanwhile, Abu Dhabi experienced a 10.45% increase in real estate transaction value, totaling $26.2 billion, according to the Abu Dhabi Real Estate Centre. Additionally, residential transactions in Saudi Arabia across Riyadh, Jeddah, and the Dammam Metropolitan Area reached $32 billion in 2024—a 50% increase compared to 2023, as reported by Deloitte.

Across the broader MENA region, several key trends emerged in 2024. Megaprojects and new urban hubs in Egypt, Saudi Arabia, and the U.A.E. transformed the region’s real estate landscape. Egypt also signed an investment partnership agreement worth $35 billion with the U.A.E.’s ADQ-led consortium to construct a $24 billion city, Ras Al-Hikma, on Egypt’s North Coast

Our list of The Middle East’s Most Impactful Real Estate Leaders 2025 features 42 leaders of companies in the U.A.E., followed by Saudi Arabia with 21 entries and Egypt with 16.