The cost of rebuilding Gaza after two years of devastating conflict is now estimated to exceed $120 billion, according to recent Israeli assessments—nearly double earlier projections by the United Nations, which placed the figure at $70 billion as of October 2025.

The massive reconstruction effort would include clearing over 42 million tons of debris, enough to fill 1,500 Olympic-sized pools every day for a year, and rebuilding approximately 300,000 homes destroyed in the war. The staggering scale underscores the region’s transformation from one of the most densely populated areas on Earth—over 6,000 people per square kilometer—to sprawling fields of rubble and unexploded ordnance.

A drone video, overlaid with Quranic recitations for the deceased, offers a haunting aerial view of Gaza’s flattened neighborhoods, serving as both documentation and remembrance of the destruction’s human toll.

Economic analysts note that many Arab nations and regional contractors could benefit from the coming reconstruction boom, as international donors prepare to inject billions in rebuilding contracts and aid packages. However, experts warn that without strict oversight, corruption, instability, and militant influence could derail the recovery process.

The reconstruction phase—tied to President Trump’s Gaza Peace Deal and broader ceasefire framework—marks a monumental test for regional cooperation and accountability, as Gaza begins the long road from ruin to renewal.