Dubai: between luxury and innovation. Green news in real estate
Over the years, the concept of sustainability and modernization has changed radically. In fact, it has gone from the simple use of different and more innovative materials compared to traditional ones, to the use of new technologies to make your home more compatible with the market and society needs in general.
Obviously, everything is calibrated according to the level of openness and flexibility towards the new tendencies of the Nation itself.
But what is basic about the new year is this: the ability of each nation to be able to improve to meet a '' mood '' greener and smarter, even if at different times.
In the collective imagination, one of the cities that best represents wealth and wealth, is undoubtedly Dubai.
With a unique culture, an emblematic history and a wonderful artistic heritage, Dubai inaugurated 2019, distinguishing itself for another aspect. The city has indeed been incorporated by the innovative and green trail that is taking hold in every part of the world, albeit with different propagation speeds.
The clear example of how this trend has now become rooted in the world of real estate, is given by the new government initiative, according to which, to celebrate the Charter of 50 years, it is necessary to provide every residential structure, not solar panels , installed for free.
This project is expected to be completed by the end of the year, thanks to the intervention of six different companies, aimed at improving the level of well-being in the UAE.
In addition to supporting these eco-sustainable initiatives, there is another element that makes the Emirates even more competitive and strong than in previous years: the redevelopment of brick prices. This obviously implies the creation of a feeling of confidence in investors, especially in the less well off, as the main segment of the real estate market has moved to a medium-low level. This stems from the reduction in transaction volumes in 2018, which fell by 30% due to the low interest of foreign investors in Dubai's brick due to excessive prices.
In fact, in the last few months of 2018, the real estate market in Dubai, characterized above all by the famous skyscrapers, went through a period of stagnation, due to overcrowding, especially in the residential area (where prices had already decreased in 2014).
There is not so much the need to expand the market, but to improve the properties already present in order to allow economic recirculation and to limit the time related to the presence of a property on the market.
So the real estate schemes disappear, replaced instead by modernization projects and in line with the main environmental sustainability standards.
It should be remembered that everything converges in the preparation process, which sees Dubai as the cradle of the world famous '' World Expo 2020 '' fair, which announces a visitor basin of 25 million.
So, investors from all over the world, if you are interested in buying a property in one of the richest lands in the world, this is the right time to do it!
Obviously, everything is calibrated according to the level of openness and flexibility towards the new tendencies of the Nation itself.
But what is basic about the new year is this: the ability of each nation to be able to improve to meet a '' mood '' greener and smarter, even if at different times.
In the collective imagination, one of the cities that best represents wealth and wealth, is undoubtedly Dubai.
With a unique culture, an emblematic history and a wonderful artistic heritage, Dubai inaugurated 2019, distinguishing itself for another aspect. The city has indeed been incorporated by the innovative and green trail that is taking hold in every part of the world, albeit with different propagation speeds.
The clear example of how this trend has now become rooted in the world of real estate, is given by the new government initiative, according to which, to celebrate the Charter of 50 years, it is necessary to provide every residential structure, not solar panels , installed for free.
This project is expected to be completed by the end of the year, thanks to the intervention of six different companies, aimed at improving the level of well-being in the UAE.
In addition to supporting these eco-sustainable initiatives, there is another element that makes the Emirates even more competitive and strong than in previous years: the redevelopment of brick prices. This obviously implies the creation of a feeling of confidence in investors, especially in the less well off, as the main segment of the real estate market has moved to a medium-low level. This stems from the reduction in transaction volumes in 2018, which fell by 30% due to the low interest of foreign investors in Dubai's brick due to excessive prices.
In fact, in the last few months of 2018, the real estate market in Dubai, characterized above all by the famous skyscrapers, went through a period of stagnation, due to overcrowding, especially in the residential area (where prices had already decreased in 2014).
There is not so much the need to expand the market, but to improve the properties already present in order to allow economic recirculation and to limit the time related to the presence of a property on the market.
So the real estate schemes disappear, replaced instead by modernization projects and in line with the main environmental sustainability standards.
It should be remembered that everything converges in the preparation process, which sees Dubai as the cradle of the world famous '' World Expo 2020 '' fair, which announces a visitor basin of 25 million.
So, investors from all over the world, if you are interested in buying a property in one of the richest lands in the world, this is the right time to do it!
