Middle East Property and Construction Handbook
2025
Amidst the current geopolitical events and challenges faced by the global economy in 2024, the Middle East region, specifically the Gulf Cooperation Council (GCC), has remained optimistic as diversification plans continue.
Like in previous years, the outlook within the region remains positive. However, with ongoing geopolitical uncertainty, moderate inflation levels and higher interest rates compared to pre-pandemic, the forecasted economic growth for 2024 has been lower than anticipated.
This edition of our Middle East Property & Construction Handbook assesses trends and new opportunities that presented themselves during 2024. The handbook also reviews the impacts of events experienced over the over the last 12 months on local, regional and international markets.
Articles
We have carefully selected articles written by our specialists focusing on prevailing themes within the property and construction market. These articles aim to provoke thought concerning the growing opportunities within the Middle East. Our first article, ‘Harnessing Artificial Intelligence to decarbonize the property and construction sector,’ explores the potential of Artificial Intelligence as the construction industry looks to decarbonize.
In our second article, ‘Delivering vision through Strategy+,’ we outline the benefits of our Strategy+ services and how we are working with clients to deliver projects successfully. In our third article, ‘Middle East Sports Stadiums,’ we detail the commercial considerations for constructing large stadiums in the region.
We're delivering a better world
We delve into the recent chapter of AECOM’s sustainable and digital transformation journey by showcasing how our focus on innovative and transformative solutions are being employed to improve outcomes for our clients and communities.
As with previous years, we include a synopsis of typical regional procurement routes, forms of contract and building regulation compliance across the Middle East. The reference data section provides averaged international and regional cost data within the built environment. This data offers an indicative high-level cost guide and comparison of building asset costs.
Like the nature of any project, its interpretation is dependent upon several project specific factors and assumptions. For specific current and benchmarked cost data, please reach out to AECOM’s Program Cost Consulting team to assist you in obtaining relevant and specific costs for projects.
Please download the full report to access the reference data.
Get in touch
As always, we continue to seek your feedback to support our drive for improvement. Please get in touch