Dubai Property Market Set To Go Green By 2015
The Dubai property market looks set to go green by 2020, as tightening planning regulations and a growing demand for sustainable construction pus environmental building issues to the fore, according to online Dubai resource Guide2Dubai (www.guide2dubai.com/property).
(October 30 2008) - - The Dubai property market looks set to go completely green by 2020 as the demand for sustainable construction and the regulatory environmental burden on developers intensifies, according to online Dubai resource Guide2Dubai.com (www.guide2dubai.com/property).
Furthermore, with the development of the Middle East’s largest solar panel manufacturing plant in Dubai, and a growing legislative pressure on developers to conform to certain environmental benchmarks, sustainable building now looks set to become the rule rather than the exception, as development in the region begins to take on a more energy efficient glaze.
Mahindra Dey of Guide2Dubai believes property developers across Dubai will see a rise in both legislative and customer demands on their buildings as to the environmental qualities they possess.
“Dubai is at the forefront of property development, and in the last few years the market has been fueled by strong demand from consumers and developers alike that know what they want when it comes to choosing a property. As a result, the Dubai property market is highly responsive to the needs of the customer, and as a result we’re forecasting that most new developments will be more energy efficient by the end of 2015 at the latest.”
“The combination of market pressures and a growing impetus from the Dubai authorities to promote environmentally friendly construction will push more and more developers into creating eco-friendly, ‘green’ buildings. And with the location of the largest solar panel manufacturer in the region in Dubai, it looks likely that solar power will prove the method of choice for property developers over the coming years.”
Guide2Dubai provides up-to-date news and information on Dubai, including developments in the Dubai property market.
Guide2Dubai (www.guide2dubai.com/property) is an online resource site providing a range of information about Dubai for visitors and residents alike. With a focus on current affairs and regional news across a range of topic areas, Guide2Dubai provides an invaluable source of information for those interested in Dubai and what it has to offer.
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