According to statistics, there has been 854% growth in the ready property market in Dubai in the last 13 years and most of these properties are resold many times. Steady increase in sales also indicates the maturity of the Dubai real estate market. Best real estate brokers in Dubai are already cashing in on this opportunity by dipping their toes into sustainable real estate development.
They are constructed buildings with eco-friendly materials, using renewable sources of energy to power the infrastructure and adopting smart insulation to keep heat to a minimum. This will not only have a positive impact on the environment but also on the electricity bills of home buyers, making it a win-win situation for both parties involved.
In this article, you will learn about sustainable real estate developments in Dubai that are changing the face of Dubai.
Table of Contents
5 Qualities of Sustainable Real Estate in Dubai
1. Use of Environment Friendly Materials
2. Increased Reliance on Solar Energy
3. Water Conservation
4. Smart Temperature Control Systems
5. Shift Towards Electric Vehicle and Smart Transit
5 Qualities of Sustainable Real Estate in Dubai
Here are five qualities that make sustainable real estate in Dubai truly stand out.
- Use of Environment Friendly Materials
Dubai’s commitment to global climate change goals has been exemplary. Real estate developers have to ensure green building standards are met and they have the right certificatiions under their belt to win the trust of environment conscious real estate buyers.
Real estate developers not only have to meet green building standards such as Estidama Pearl Rating System but also have to acquire LEED (Leadership in Energy and Environmental Design) certification. This forces them to stick to recyclable materials, which are also energy efficient.
Couple that with unique eco-friendly features such as green roofs and vertical gardens and it can make your real estate property less taxing for the environment. Add to efficient waste management systems and you will not see any signs of pollution near your property. All these perfectly align with sustainability goals the city has to meet by 2040 and 2050.
- Increased Reliance on Solar Energy
Switching to renewable energy sources is at the heart of Dubai sustainability goals. With abundant sunlight on most days of the year, they can take full advantage of solar energy. Solar panels and solar water heaters have already gone mainstream and will see wider adoption in coming years.
Some real estate developers take things to a whole new level by investing in energy efficient lighting and smart building management systems. This can slash your electricity bill by half without negatively impacting your operations. By instilling a resource conscious mindset and using natural sources to produce energy, Dubai is all set to achieve its sustainability goals even before the deadline. The presence of green landscapes and spaces in the city also reduces urban heat while looking ethically pleasing to the eyes.
- Water Conservation
Water is a scarce resource in Dubai which is why it is harder to find it. Efficient water management and water conservation techniques are being used to save water from wastage. Water saving fixtures in homes and advanced drip and irrigation systems in agricultural fields are a testament to that. Additionally, Dubai also leverages rainwater harvesting and greywater recycling processes to conserve water.
- Smart Temperature Control Systems
Temperatures can become unbearable during hot summers. As a result, the demand for air conditioning skyrockets during these days. This increases electricity consumption. To combat this issue, real estate developers are now
Implementing smart heating, ventilation and air conditioning systems. These smart temperature control systems are equipped with intelligent sensors and smart thermostats to keep the environment cool without putting a lot of pressure on the power grid. As soon as the desired temperature is reached, the thermostat automatically turns off the air conditioner, saving energy in the process.
- Shift Towards Electric Vehicle and Smart Transit
Sustainable real estate is just one part of the Dubai sustainability puzzle. It goes well beyond that. It encompasses everything from eclectic vehicles, whether they are electric cars or bikes or shift towards smart transit systems. The city administration is actively laying down the infrastructure to support electric vehicles such as charging stations.
These state of art charging stations are equipped with the latest technologies that ensure optimal electricity consumption to charge electric vehicles. Not only that, the UAE government is also giving incentives to accelerate electric vehicle adoption.
Moreover, they are also working towards shifting to electric public transport to minimize carbon emissions from buses. The city also invests in sustainable urban planning, incorporating dedicated cycling lanes, pedestrian-friendly pathways, and other infrastructure that encourages alternative modes of transportation.
In addition to this, policy measures and public awareness campaigns play a vital role in promoting eco-friendly practices and fostering a more sustainable urban environment in Dubai. How will sustainable real estate development in Dubai impact the real estate industry as a whole? Share your thoughts with us in the comments section below.
