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Source: Wow Deals
Published on 10/25/2024

Dubai Luxury Market Thrives as Buyers Embrace Eco-Friendly and Smart Home Trends

Dubai real estate is high in demand and UAE smart home’s revenue is crossing $76 million this year

Dubai luxury market is continuously improving country’s growth but residential buyers are now interested in environmental-friendly and sustainable practices in UAE. UAE smart home’s revenue is crossing $76 million this year and further expanding to $114 million by 2028, according to a report.

Buyers are looking for convenience shoeing 90% UAE residents are willing to stay premium for a residence that offers smart home technology.

2-www.sunflower.earth

UAE Net Zero 2050 I a remarkable initiative and developers, regulators, sovereigns wealth funds are injecting $1trillion of investment for sustainability in lead up by 2035. The demand for sustainability I growing but also requires buy-in from buyers in the market to collectively adapt to requirements.

Overall, Dubai real estate is high in demand and 66% people are looking to purchase home in Dubai over six months, according to a study.