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🎙️ EP. 76—Inside the Gulf Property Boom
Manage episode 518706541 series 3537580
Why is Dubai still booming while global real estate slows? And is Saudi Arabia’s transformation—from home ownership to hospitality—actually sustainable?
In this episode, we speak once again with Faisal Durrani, Partner & Head of Research at Knight Frank Middle East, to unpack what’s really driving the Gulf’s property cycle.
We discuss affordability, foreign ownership, migration trends, rental pressures, hospitality demand, and the rise of Abu Dhabi and Ras Al Khaimah.
Reports mentioned:
Destination Saudi 2024 – https://www.knightfrank.com.sa/en/destinationsaudi
The Saudi Report 2025 – https://www.knightfrank.com.sa/en/thesaudireport
Destination Dubai 2025 – https://www.knightfrank.ae/destinationdubai
Related reading:
Financial Times – “The lingering wealth gap in Saudi Arabia”
http://www.ft.com/cms/23ac98f8-c65f-4c44-992f-e3e1182fddbd.html?FTCamp=engage/CAPI/website/Channel_muckrack//B2B
Previous episode with Faisal:
EP. 32 — UAE & Saudi Real Estate Insights
https://majlisandmarkets.buzzsprout.com/1907033/episodes/15612124-episode-32-building-trends-uae-saudi-real-estate-insights
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Chapters
1. Intro and overview of Saudi real estate (00:00:00)
2. Current Dynamics of the Saudi Real Estate Sector (00:03:18)
3. Impact of Foreign Ownership on the Market (00:06:20)
4. Government Interventions and Affordability Challenges (00:09:07)
5. Home Ownership Initiatives and Success Stories (00:11:44)
6. The Rise of Rental Markets and Airbnb Concerns (00:14:18)
7. Macro Economic Influences on Real Estate (00:17:07)
8. Commercial Real Estate and Regional Headquarters (00:19:20)
9. Hospitality Sector and Demand for Mid-Range Hotels (00:22:29)
10. Affordable Hospitality in Saudi Arabia (00:23:25)
11. Nationwide Development Beyond Riyadh (00:25:06)
12. Dubai's Real Estate Market Dynamics (00:26:48)
13. Population Growth and Housing Supply in Dubai (00:29:15)
14. The Impact of UK Wealth Migration to Dubai (00:31:57)
15. Abu Dhabi's Emerging Real Estate Market (00:36:17)
16. Wynn resort in RAK (00:39:26)
17. The Role of ESG in UAE Real Estate (00:41:32)
18. Interest Rates and Their Impact on GCC Real Estate (00:43:35)
78 episodes
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