The Middle East’s real estate sector is closely linked to its economy, with industry contributing strongly to growth. Over the past two decades, the region has become world famous for erecting architectural masterpieces such as: the Burj Khalifa, the tallest tower in the world; Palm Jumeirah, a completely man-made island off the coast of Dubai; and the Jeddah Tower, currently under construction in Saudi Arabia.
The region has also become at the forefront of adapting proptech, an emerging field that implements the use of technology in real estate to produce the best results. Local firms such as Bayut and Propertyfinder have bagged several rounds of large funding from global investors, indicating the strength of the local real estate market. Going forward, mega-events such as Expo 2020 and the FIFA World Cup in 2022 are expected to further improve the market outlook by boosting real estate sales while supporting the hospitality industry.
The Top rated real estate companies in the Middle East The ranking presents the top 50 companies listed on the stock exchanges in the region, ranked by market value as of October 21, 2019. We have multiplied the share price on that day by the total number of shares issued.