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As per Alpen Capital, the GCC real estate market is expected to experience a more disciplined phase of expansion, with supply growth increasingly planned and aligned with demand. High disposable incomes, steady population growth, expatriate inflows, and a favourable tax environment remain key demand drivers across the region. The report highlights that future development pipelines will feature mixed-use projects, enhanced asset quality, sustainability, and the integration of residential, commercial and lifestyle components. Saudi Arabia and the UAE are expected to account for majority of the upcoming supply, while other GCC markets pursue more targeted and selective growth strategies.

Based on the current project announcements, regional residential supply is expected to increase from approximately 6.26 million units in 2025 to 7.28 million units by 2030, with Saudi Arabia and the UAE accounting for the bulk of the supply. Saudi Arabia’s residential supply is estimated to grow by 499,000 units between 2025 – 2030, reaching 3.45 million by 2030. This growth will primarily be led by giga projects and master planned communities in Riyadh and Jeddah. During the same period, UAE’s residential stock is projected to increase by 390,000 units and reach 1.51 million units by 2030, with new additions focused on apartment-led mixed-use developments in Dubai alongside premium villas and waterfront communities in Abu Dhabi.