Dubai’s luxury real estate market is experiencing robust growth as demand surges for environmentally conscious and technology-enhanced properties, according to a latest report. The UAE’s smart home market is projected to reach $76 million in revenue this year, with forecasts predicting growth to $114 million by 2028. A recent survey shows that 90% of UAE residents are willing to pay a premium for homes with integrated smart technology, underscoring a trend toward convenience and sustainability.
The UAE's Net Zero 2050 initiative is accelerating investments, with the MENA region expected to see a $2 trillion influx into sustainable development by 2035. This shift reflects a growing buyer commitment to sustainability, signaling a shift from a trend to a lifestyle preference. With 66% of tenants expressing plans to buy a home in Dubai within the next six months, the market’s upward momentum shows no signs of slowing down, supported by both local and international interest in eco-friendly and tech-forward homes.
