emirates7 -
-In the UAE, particularly in Dubai and Abu Dhabi, buyers are increasingly drawn to off-plan communities with flexible payment plans and premium lifestyle amenities, says Alpen Capital
The UAE will see 390,000 new residential units coming to the market by 2030, taking the tally to 1.51 million, according to a GCC Real Estate Industry Report released by Alpen Capital.
The study revealed that the new additions focused on apartment-led mixed-use developments in Dubai alongside premium villas and waterfront communities in Abu Dhabi.
However, historical data showed that the number of units handed over annually are much lower than projected deliveries due to delays in construction.
Based on the current project announcements, GCC 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 and 2030, reaching 3.45 million by 2030, primarily led by giga projects and master planned communities in Riyadh and Jeddah.
“The real estate landscape of the GCC has undergone a significant transformation driven by national agendas to diversify and build a resilient economy. Dubai has led this transformation, establishing itself as a global metropolis fueled by foreign ownership, massive infrastructure investments and ambitious strategies. Over the next few years, the region’s real estate industry is expected to witness a steady supply across the residential, commercial, hospitality and retail segments, largely supported by continued government spending and investments in building a world-class infrastructure,” said Sameena Ahmad, Managing Director, Alpen Capital.
Balanced supply-demand
In the UAE, particularly in Dubai and Abu Dhabi, Alpen Capital said buyers are increasingly drawn to off-plan communities with flexible payment plans and premium lifestyle amenities.
“The UAE’s Golden Visa programme and expanded freehold zones are drawing long-term expatriate investment,” it said.
Dubai remains the country’s primary residential hub, benefiting from strong international investment and an active off-plan market. The city’s housing stock expanded from 556,000 units in 2019 to 752,000 units in 2024 – a compound annual growth rate of 6.2 per cent.
“This growth has been supported by master-planned communities, high-rise developments, and major infrastructure upgrades designed for a diverse resident base, particularly expatriates. Abu Dhabi’s residential sector recorded more moderate growth, with housing stock increasing from 264,000 units to 284,000 units,” said Alpen Capital’s inaugural report on the regional property market.
Over the coming years, Sharmin Karanjia, executive director, Alpen Capital, expects supply–demand dynamics across the Gulf region to become more balanced.
“Large-scale developments are being phased more strategically, with a clear emphasis on quality, mixed-use formats, and demand-led execution. We are witnessing that development trends are shifting towards master-planned, sustainable, and technology-enabled communities focused on long-term liveability,” said Karanjia.
“While certain sub-markets may experience short-term oversupply pressures, well-located and high-quality projects are likely to continue seeing strong absorption and pricing support. Going forward, as major development zones reach operational maturity, investors will have a broad base of high-quality assets maintaining interest from both regional and international buyers,” she added.
-In the UAE, particularly in Dubai and Abu Dhabi, buyers are increasingly drawn to off-plan communities with flexible payment plans and premium lifestyle amenities, says Alpen Capital
The UAE will see 390,000 new residential units coming to the market by 2030, taking the tally to 1.51 million, according to a GCC Real Estate Industry Report released by Alpen Capital.
The study revealed that the new additions focused on apartment-led mixed-use developments in Dubai alongside premium villas and waterfront communities in Abu Dhabi.
However, historical data showed that the number of units handed over annually are much lower than projected deliveries due to delays in construction.
Based on the current project announcements, GCC 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 and 2030, reaching 3.45 million by 2030, primarily led by giga projects and master planned communities in Riyadh and Jeddah.
“The real estate landscape of the GCC has undergone a significant transformation driven by national agendas to diversify and build a resilient economy. Dubai has led this transformation, establishing itself as a global metropolis fueled by foreign ownership, massive infrastructure investments and ambitious strategies. Over the next few years, the region’s real estate industry is expected to witness a steady supply across the residential, commercial, hospitality and retail segments, largely supported by continued government spending and investments in building a world-class infrastructure,” said Sameena Ahmad, Managing Director, Alpen Capital.
Balanced supply-demand
In the UAE, particularly in Dubai and Abu Dhabi, Alpen Capital said buyers are increasingly drawn to off-plan communities with flexible payment plans and premium lifestyle amenities.
“The UAE’s Golden Visa programme and expanded freehold zones are drawing long-term expatriate investment,” it said.
Dubai remains the country’s primary residential hub, benefiting from strong international investment and an active off-plan market. The city’s housing stock expanded from 556,000 units in 2019 to 752,000 units in 2024 – a compound annual growth rate of 6.2 per cent.
“This growth has been supported by master-planned communities, high-rise developments, and major infrastructure upgrades designed for a diverse resident base, particularly expatriates. Abu Dhabi’s residential sector recorded more moderate growth, with housing stock increasing from 264,000 units to 284,000 units,” said Alpen Capital’s inaugural report on the regional property market.
Over the coming years, Sharmin Karanjia, executive director, Alpen Capital, expects supply–demand dynamics across the Gulf region to become more balanced.
“Large-scale developments are being phased more strategically, with a clear emphasis on quality, mixed-use formats, and demand-led execution. We are witnessing that development trends are shifting towards master-planned, sustainable, and technology-enabled communities focused on long-term liveability,” said Karanjia.
“While certain sub-markets may experience short-term oversupply pressures, well-located and high-quality projects are likely to continue seeing strong absorption and pricing support. Going forward, as major development zones reach operational maturity, investors will have a broad base of high-quality assets maintaining interest from both regional and international buyers,” she added.
الرجاء الانتظار ...