Page 12 - SOL Properties PR Report - April 2025
P. 12
What the health-focused real estate boom signifies for the UAE built industry - builtenvironmentme.com
What the health-focused real estate boom signifies for the UAE built industry
By Ajay Bhatia, Founder and CEO of Sol Properties
April 16, 2025 UAE REAL ESTATE
For the past few decades, the UAE’s real estate sector has been synonymous with luxury characterised by its architectural marvels, extravagant amenities
and iconic high-end hotels. Today, however, the nation is undergoing a substantial transformation in its real estate sector, driven by surging consumer
awareness on health-focused living.
This evolution aligns with various international strategies like United Nations Sustainable Development Goals (SDGs) and the World Health Organisation’s
Healthy Cities initiative, which place well-being and environmental stewardship at the core of urban planning.
Naming the revolution
Being a hub of property innovations, the UAE is now at the forefront of this wellness revolution.
The wellness real estate market is set to witness a remarkable growth, with projections indicating a market value of USD 2.034 billion by 2034, growing at a
compound annual growth rate (CAGR) of 14.8 per cent from 2024 to 2034.
Apart from reflecting a change in consumer priorities, this growth signifies a strategic alignment with the UAE’s Vision 2030 and global sustainability
agendas, where health and sustainability are becoming foundation of urban development.
A Generational Shift
This transition did not occur overnight. A range of factors contribute to this paradigm shift.
One among them is the global health crisis, which has heightened awareness on personal well-being and prompted individuals to seek living spaces that
support healthier lifestyles.
Another factor is the demands of fast-paced urban living, which has led to a rise in stress and burnout, making wellness-oriented amenities not a luxury
but an essential feature.
Key Pillars
A key feature of wellness real estate is its focus on creating environments that support the six essential dimensions of wellness:
physical,
emotional,
https://www.builtenvironmentme.com/exclusive/real-estate/what-the-health-focused-real-estate-boom-signifies-for-the-uae-built-industry 1/2