ZāZEN Gardens to help realize the UAE’s recently announced D33 vision

  • Date: 13-Jan-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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ZāZEN Gardens to help realize the UAE’s recently announced D33 vision

90,881 property transactions were recorded in 2022 to top the previous high of 81,182 in 2009

Off-plan property sales in Dubai witnessed robust growth of nearly 93% last year

Dubai, UAE - ZāZEN Properties, a leading sustainable property developer in the UAE, cites that real estate transactions in Dubai’s off-plan sector increased by 92.5% in 2022. This increase in off-plan real estate sales reflects the return of developers who are launching new projects to meet the growing demand for high quality residential apartments, especially in up-and-coming areas like Al Furjan. The sustainability-centric company’s current project, ZāZEN Gardens, is set to contribute to the country’s off-plan rise as well as to key initiatives like the Dubai 2040 Urban Masterplan, UAE Net Zero 2050, and now the recently announced D33 agenda.

Unveiled by HH Sheikh Mohammed bin Rashid Al Maktoum, D33 is a ten-year roadmap that seeks to target AED 32 trillion and encompassed within this ambitious blueprint is a notable objective of attracting more than AED 700 billion in Foreign Direct Investment (FDI) . The country’s real estate sector will be integral to realizing this vision as its post-pandemic resurgence has drawn a great deal of interest from international investors. Data shows that overseas