Page 71 - SOL Properties PR Report - November 2024
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Five design trends setting new standards for UAE’s modern luxury real estate investors - builtenvironmentme.com
                             Five design trends se ng new standards for UAE’s modern luxury real estate investors
        The UAE's luxury real estate market is undergoing a transforma on, blending cu ng-edge innova on with  meless elegance




                                            By Ajay Bha a, November 21, 2024  UAE REAL ESTATE














































         Luxury developments are se ng new standards for design and services, appealing to both local and interna onal investors.
         In 2024, the UAE’s luxury residen al real estate market is expected to be valued at USD 13.7 billion, projected to grow at a CAGR of more than 8 per cent
         between 2024 and 2029.
         Today, a number of design ideas that combine sustainability, func onality, and aesthe c appeal are reshaping the luxury market in the UAE. It is
         fundamental to briefly address the five notable trends that are currently characterising premium real estate in the country.
         1. Minimalist and Func onal Design
         In the UAE, luxury real estate has adopted a minimalist design philosophy that priori ses func onality. This approach blends minimalist, neat spaces with
         carefully chosen furniture that is both elegant and prac cal.
         At present, homebuyers seek designs that incorporate open areas, natural light, and flexible layouts to give high-end homes in Dubai and Abu Dhabi a
         more premium ambiance.
         2. Eco-conscious and Biophilic Features
         Biophilic design, which incorporates nature into interior spaces, is becoming increasingly important as sustainability becomes a focus in high-end
         architecture. Use of eco-friendly water features, indoor green walls, self-shading capability, and wood are some examples of this trend. The self-shading
         feature makes it possible to u lise the clearest glass without worrying about overhea ng or glare from the sun.

         Moreover, natural shading also lessens the demand for electric ligh ng and air condi oning, resul ng in substan al savings in u lity bills and reduced
         carbon emissions. In addi on to improving aesthe c appeal, these sustainable features foster wellness by crea ng serene, revitalising environments.
         More importantly, the UAE has been extremely strategic in its development projects, was ng minimal to no resources, in accordance with the Sustainable
         Development Goals 2030. Projects like Expo City Dubai, which demonstrate how opulent living can blend with the environment, reflect the UAE's emphasis
         on environmentally friendly materials and sustainable urban development.

         The Dubai Urban Master Plan 2040 was unveiled with the inten on of making the city a symbol of efficiency, sustainability, and connec vity.  Likewise,
         the UAE's Green Agenda 2030 aims to maintain social development and quality of life, reducing the country's emissions and energy consump on. These
         are just a few examples of the numerous ini a ves that demonstrate the na on's commitment to sustainability.
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