Property firms embrace sustainable real estate, creating a greener tomorrow

  • Date: 27-Nov-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

Property firms embrace sustainable real estate, creating a greener tomorrow



 

In the UAE, where sustainable construction is on the rise, the country aims to reduce its carbon emissions by 23 percent by 2030 and achieve net-zero emissions by 2050, says the UAE’s Ministry of Climate Change and Environment. A report by Research and Markets predicts that the UAE green building market will reach US$2.5 billion by 2026, with a CAGR of 11.3 percent from 2021 to 2026.

Dugasta Properties emerges as a key player in the rapidly expanding landscape of sustainable real estate, reflecting broader industry trends. With the global market for sustainable building products projected to reach US$ 962 billion in 2033, growing at a CAGR of 11.2 percent during the forecast period 2023 to 2033 (Future Market Insights) and the Middle East set to invest over US$1 trillion in green buildings by 2030 (MENA Sustainable Building Council), Dugasta’s commitment aligns seamlessly.

As part of Dubai Sustainability Month, Dugasta unveils its comprehensive sustainability initiatives, underscoring its pledge towards a greener and eco-friendly future. From eco-friendly building standards and energy-efficient designs to water conservation measures and waste reduction strategies, Dugasta is leaving an indelible mark on the environment, setting a benchmark for sustainable real estate development in the region.