Abu Dhabi and Doha have evolved rapidly in the twentieth century due to the investment of oil and gas revenues. The fast economic growth resulted in an extensive period of urbanization. The various urban dynamics had a great impact with regards to new housing typologies during the last few decades. Doha’s housing market is studied in comparison with Abu Dhabi’s market considering their population growth rates, real estate market conditions, socio-cultural characteristics, and political approaches. The study is focused on the period from 2004 to 2013 where rapid urban development took place in both cities. The comparative assessment is based on three key aspects: housing typologies, housing distribution, in addition to housing supply and demand. The paper highlights that the urban growth in both cities is initiated via government investments, especially in the real estate market. This is reflected in the case of very similar housing dynamics in both cities. A gradual replacement of low-rise residential villas by high-rise residential towers (apartments/ penthouses) is currently observed in both cities.