Rapid growth across GCC cities is now showing signs of imbalance, as condominium launches outpace market absorption in several urban hubs. Analysts warn that this pattern of unchecked development could undermine both investor confidence and long-term sustainability. Experts recommend curbing excessive project approvals while offering stronger incentives for tenants to stabilize demand. A shift toward mid-income housing is also seen as critical to addressing affordability concerns and aligning with demographic realities. Without timely interventions or a rebound in population growth, these cities risk oversupply, declining rental yields, and weaker market equilibrium—challenges that could slow the region’s broader urban and economic growth.
