U.A.E. Properties Go Green, Investors See Green

At the 14^th annual energy conference at the Emirates Centre for Strategic Studies and Researches in Dubai, Dr. Mohammed Gargash- the Foreign Affairs Minister of State stated that 40 MW of energy would be required to satisfy the U.A.E.’s local needs by 2020. 

Nuclear energy is just one of the solutions proposed to fulfill this demand.

The government, thankfully, is thinking of more alternatives towards curtailing its carbon emissions, one of them being in the U.A.E. properties development sector.

From the seven Emirates, U.A.E. properties for sale in Sharjah are the first to consider implementing green elements. By 2009, rules pertaining to water conservation and management, use of eco-friendly building materials and solar energy generation should take root in the U.A.E. properties sector.

Most residential and commercial property in Dubai consume nearly 70 percent of power. If the Dubai government too considers using environmentally friendlier construction methods and materials, then this level could see a significant reduction.

There are already scattered commercial and U.A.E. residential properties in Dubai making an honest attempt. The Traffic and Patrol Department in the Ministry of Interior’s attempts at controlling traffic congestion and curtailing accidents is viewed as a complementing contribution that would benefit Dubai’s green efforts in the long run.

It remains to be seen whether U.A.E. commercial properties in areas like Dubai, Abu Dhabi, Ras al Khaimah and the like follow Sharjah’s lead and embrace green development. Buying properties in Dubai will no doubt be a more attractive proposition for real estate investors and buyers.