fbpx
THE MILLENNIUM GROUP OF COMPANIES

THE MILLENNIUM GROUP OF COMPANIES

It's a Green Market Boom in the United Arab Emirates: 70% of Consumers Ready to Pay More for Eco Friendly Construction

Abu Dhabi is the capital and second most populous city of the United Arab Emirates (UAE), after Dubai. It is located on an island in the Persian Gulf and has a population of over 1.5 million people. 

Abu Dhabi is a major cultural and commercial center in the region, with a thriving tourism industry, world-class infrastructure, and a growing economy. The city is known for its impressive skyline, luxurious hotels, and beautiful beaches. The city is a hub for international business and is home to numerous multinational corporations and financial institutions.

In this news we tell you the latest update of the UAE, a growing trend in the United Arab Emirates (UAE) towards eco-friendly construction and products.

It's a Green Market Boom in the United Arab Emirates: 70% of Consumers Ready to Pay More for Eco Friendly Construction

According to the latest news of a Dubai -based developer, the majority of real estate investors are towards eco-friendly construction. 80% local and 70% of foreign investors willing to pay more for eco-friendly properties. 

According to statistics, Millennials have dominated the UAE real estate market since 2010, but upcoming Gen Z are predicted to overtake them. Even in the future, millennials are going to be very important to the real estate market success in this country. Both of these are showing to reduce their environmental impact. Most of them showing interest in eco-friendly residential real estate.  

Lastly, the UAE market already contributes 5.5% in GDP. More contributions could be made when efforts are undertaken to ensure an eco-friendly future.

You may also like this post: Zeta-1 Mall-First NOC Approved Project in Zone 5

Manahil Tariq
Manahil Tariq

Manahil Tariq, A content writer and copywriter with over 2 years of experience. Throughout her career, she worked with a diverse group of clients from around the world. She also works with real estate firms and marketing agencies. Writing is where her skills and expertise really shine.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on email
Email
Share on print
Print

Leave a Comment

Your email address will not be published. Required fields are marked *

Rate this post