Markaz sees GCC real estate stable in H2 2026 despite tighter financing conditions
XLRE•Country and market trends
Kuwait sales fell 5.9% year-on-year in H1 2026; transactions rose 1.7%, and residential deals gained 7.5%.
Saudi outlook is stable with selective growth; Riyadh Grade A offices are near 98% occupancy, and prime rents are up 5.5% year-on-year.
The UAE is shifting to measured growth; Dubai prime office rents rose 17.2% year-on-year, and Abu Dhabi office occupancy reached 98%.
GCC real estate outlook remains stable
Markaz forecast GCC real estate to stay stable in H2 2026, with momentum moderated by geopolitics, higher build costs and tighter financing.
Office, industrial and logistics are seen as the strongest sectors, supported by infrastructure spending, diversification and population growth.
