80% of Dubai’s tenants are actively seeking apartments that offer ample living space and sustainable features

  • Date: 26-Apr-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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80% of Dubai’s tenants are actively seeking apartments that offer ample living space and sustainable features

Dubai, United Arab Emirates: ZāZEN Properties, a leading sustainable property developer in the UAE, notes the latest industry trends for UAE residents, which include the increasing demand for more spacious and affordable properties, particularly outdoor spaces. With demand for real estate at an all-time high in the country, prices of properties have accordingly increased, and while the city is witnessing a growing influx of high-net-worth individuals (HNWIs) leaning towards villas and townhouse developments, residents are also looking for more affordable and spacious properties to invest in, whether as end-users or to rent.

Adding to the popularity of one-bedroom units in the Dubai real estate market, there is a noticeable shift towards sustainable and spacious living options. Recent data indicates that an overwhelming 80% of Dubai's tenants are actively seeking apartments that offer ample living space and sustainable features. Additionally, according to Property Finder, which is a leading real estate platform in the UAE, the demand for two-bedroom units was up to 30.4% among tenants in March 2023; and the demand for the number of people searching for villas and townhouses decreased by 2.5 percent, dropping from 42.8 percent to 40.3 percent.

ZāZEN Properties have witnessed an impressive surge in transactions in the