Dubai Real Estate Developers Target Wealthy Expats with Eco-Friendly Projects

Through increasing affordable and environmentally friendly residential projects, developers in Dubai are now targeting the wealthy expatriate only hence increasing green building projects. Majid Al Futtaim’s Ghaf Woods and Aldar’s Athlon for example use features such as bee colonies that mimic beehives that, wood farms on small scales, and extensive greenery to target careful buyers.

Ghaf Woods in Oman is the first forest living community to be developed by Majid Al Futtaim and will have over 35, 000 trees and 7000 properties that are designed to location indoor- outdoor living, which has benefits such as improved air quality and minimizing soil erosion. Hive placing and wood plantations within the site not only help in existence of a symbiotic relationship with nature but also in having an assured and regular income, consistently earned by selling of honey and timber.

This concept is most suitable for the wealthiest investors of Western countries: Though they get the safety and comfort of Dubai, they get the green feel of their home markets as well. This higher demand can support premium prices requested by the developers of such effective and sustainable projects. For instance, the Ghaf Woods project being a boutique developments selling 800 of its units in just a few hours clearly shows that there is a keen interest in sustainability.

Besides, Ghaf Woods is an example of this trend, Aldar’s Athlon project near Global Village can also be considered. Consequently, Athlon is centered around an active lifestyle with elements of healthy living and working incorporated into the daily regimen and is compiled of over one thousand villas. The project itself was bought within first 48 hours and the sales amount were resulting AED 4. 1 billion.

The other environmental friendly filed development communities in the Dubai region consist of Al Barari, Akoya Oxygen, MBR City, Damac Hills and more are on the interest of purchasers. There is more focus on natural looking surroundings, construction of lakes, sufficient foliage development and most developers are incorporating renewable energy to cater to the increased demand of healthy homes for the people.

It is in concordance with sustainable developments in Dubai’s real estates, as it seeks to have a sustainable community, one that will optimally utilize the resources to offer inhabitants a good quality life.