As we approach 2025, the real estate sectors in the Middle East, particularly in Qatar and Dubai, are showing promising growth prospects. Industry experts maintain a cautiously optimistic view due to recent market stability and positive trends across various economic indicators.

In Qatar, the housing market showed resilience with gradual recovery throughout 2024, creating an expectation for continued growth into 2025. Data from the National Planning Council (NPC) revealed that Qatar's real GDP increased by 1.5% year-on-year and 2.8% quarter-on-quarter in Q1 2024, reaching QR175.3 billion. The Consumer Price Index also experienced a modest rise of 0.9% year-over-year while decreasing by 1.4% month-to-month, indicating stable economic conditions that could bolster real estate growth.

Dubai's property market has seen unprecedented activity with total resale profits rising by 34% from the previous year, amounting to AED60 billion earned by investors in the resale market alone. This robust performance signals strong demand and investor confidence, which may continue into 2025.

In Q4 2024, Dubai's real estate continued its upward trajectory with sales reaching AED40 billion in just one month. The luxury segment remains particularly vibrant, highlighted by a two-year rental of a luxury villa for AED8.5 million. These factors underscore the market’s vitality and growth potential.

Overall, both Qatar and Dubai are well-positioned for positive real estate development in 2025. With economic indicators suggesting stability and expansion, industry leaders remain cautiously optimistic about future prospects in these key markets.

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