As an entrepreneur looking for a new chance in the Middle East, what is the best country to start my real estate business in, away from political conflicts?

First of all, you need reasonable prices, and then you need a lot of population,  the perfect place for real estate in middle east would be Saudi Arabia, over million of population that generates a strong market, selling high prices houses wouldn't really make any profit if the entry level is easy, and there are tons shops in small country, second best choice would be Egypt, but Saudi Arabia is more politically safer.

 

people think that country with higher currency makes better profit, no it's population, the bigger they are the stronger the income that generates from business, you have house trying to sell that to person, or you got a thousand  house trying to sell thousand person, or thousand house to one million person, you see the difference?! even though ten percent in egypt can afford it, it's better than ten percent in Kuwait.

 

 

Dubai - Oman - Dohah - Morroco Then KSA & Egypt are good places to start a real estate business

I fully agree with the answers been added by EXPERTS..............Thanks.

Dubai .. Saudi Arabia .. Jordan .. Kuwait .. Egypt 

Starting a real estate business at the UAE is not difficult. ... retail, restaurants, water sports, construction, property management, and real estate.

First I'd go with Saudi to start a real estate business, but the settling in process can be difficult (iqama, agent, etc...) I'd then say Dubai, simply because it doesn't require so much work to enter the market. 

 

I'll give you an example of a simple business model that a friend of mine currently uses in Dubai. You do your Real Estate Broker's exam, you pass, you get a certificate allowing you to broker some properties.

 

You can now use those listings websites to offer properties to individuals in your network. You will work on commission and earn a certain percentage for renting a home and a different percentage for selling a home. You would be wise to hire a sociable person to run around meeting potential clients. Reinvest your commission initially back into your business and hire more sociable ambassadors for your company. Rinse & repeat. 

 

When your business is successful, I kindly request a humble3% commission for writing this post. Best of luck moving forward! Scratch that...work hard. No luck needed.

Egypt, Kuwait, Qatar, United Arab Emirates

- Take a look at the demographics of each potential country to see how it affects the demand for real estate. - interests rate have also a correlation with the ability of individuals to access mortgage loans there affecting their demand for real estates. - Take a look also at each country 's economy and the stronger it is so is the real estate business. The state of the economy can also have different effects on different real estates. - Government policies should also be looked into to see their effects on real estate either by boosting the business or vice versa. Given the above it should easier to evaluate country by country.

When you have to start a real estate operation, the first and foremost thing which we need to see is the geographical feature of the country. the bigger the country more are the option. Second thing which we have to see is the economy and spending trend of the people. If people are not spending too much than starting real estate in those country would have limitations.

 

Coming Back to your question, if you are looking for starting real estate business below are the list countries which I feel should be of highest preference due to various factors as highlighted by you.

1) United Arab Emirates.

2) Turkey

3) Lebnon

4) Oman

5) Qatar

Then you can consider Saudi Arabia and Kuwait.

 

I have ranked top5 based on the flexibility provided by government for doing business in these countries

 

totally agree with Ahmed Alhussaini right now real estate market in Egypt is booming and the most profitable, the market is unlimited with huge variety in many aspects, but unfortunately with the highest risk level (risk includes opportunities too). It depends on your risk level acceptance 

Real Estate in the Middle East is pretty bad right now. Too many brokers especially in the UAE. RERA should stop issuing licenses, there is not only an oversupply of brokers but also of properties - regulations are pro landlords only - anyways, I suggest you venture on to something else. Losing your capital is very likely nowadays, as many have.