UAE Real Estate Developer Foresees Surge in Sustainable Housing Projects

Monday, 30 September 2024

The UAE’s real estate sector is flourishing, with sustainable projects gaining increased importance, according to a top developer. ZāZEN Properties recently celebrated a significant milestone with their latest project, ZāZEN Ivy. Here’s a snapshot of the highlights:

95% of units sold at launch, with the remaining larger units sold out within 30 days to retail investors.
This success showcases ZāZEN’s brand credibility and reflects the positive market environment in the UAE.
The UAE’s real GDP reached AED 430bn ($117bn) in Q1 2024, a 3.4% growth compared to last year.

Sustainable Real Estate in the UAE

Non-oil activities saw a 7.9% growth, with real estate contributing 7.1% to this sector.
This growth points to a strong investor confidence in sustainable developments, aligning with the Dubai Quality of Life Strategy 2033 and the UAE’s broader economic objectives.

ZāZEN’s Leadership in Sustainability

Madhav Dhar, COO and founding member of ZāZEN Properties, emphasizes the UAE’s commitment to excellence in real estate. Key points include:

LEED certification is recognized globally as the standard for sustainable development.
ZāZEN leads the way with high-quality, eco-friendly residential options, meeting stringent criteria for environmental performance, occupant health, and resource efficiency.

Eco-Friendly Living Spaces

ZāZEN’s approach focuses on:

Reducing carbon emissions, conserving water, and enhancing energy efficiency.
Creating living spaces that prioritize both environmental sustainability and residents’ well-being.

The Rise of Green Buildings in the UAE

As the UAE pushes forward with its Net Zero 2050 Strategy, sustainable practices are becoming the norm. Key trends include:

Use of renewable energy sources like solar panels, sustainable materials, and designs that maximize natural light and ventilation.
Green buildings in Dubai can achieve 20-30% savings compared to conventional structures.

Notable Projects

ZāZEN Gardens became Dubai’s first LEED Gold-certified residential development, standing as a model of sustainability.
Areas like Al Furjan and Jumeirah Village lead the charge in eco-friendly real estate, integrating solar energy and sustainable construction materials.

Future of Sustainable Housing in the UAE

As more developers prioritize green mandates, the number of LEED-certified projects continues to grow, shaping the UAE’s residential landscape. This certification, awarded by the US Green Building Council, will play a crucial role in:

Reducing the environmental impact of residential developments.
Ensuring a positive contribution to the UAE’s long-term sustainability goals.

ZāZEN Properties: Aligning with the UAE’s Green Vision

ZāZEN Properties remains committed to meeting the UAE’s strategic goals by:

Offering modern, sustainable living spaces that appeal to both investors and residents.
Ensuring its developments contribute positively to the environmental and economic landscape of the UAE.

By investing in ZāZEN developments, investors and residents alike can not only enjoy modern, high-quality homes but also support a greener future for the UAE.