Most Impactful Real Estate Leaders 2024 – Forbes Lists – Forbes Middle East

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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.

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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.

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