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GCC builds $1.65 trillion economy on real estate

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Hinting at positive growth rates for the real estate markets in the GCC, Al Masah Capital published its report announcing a booming GCC economy at $1.65 trillion in 2014 compared to $535.7 billion a decade ago.

Dubai masterplan on land allocation approved

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“Real estate is part of the city. We are developing, Dewa is developing big projects, RTA has completed the Metro and so many roads. We too have completed a huge sewage plant. We are building new public gardens and launching so many other projects. So it is not just real estate,” he added.

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