Tenants can rent a two-bedroom apartment in the development for Dh66,000 and buy the same size apartment for Dh910,000
Dubai South District, the venue for six-month long global trade fair Expo 2020, offers the most affordable eco-friendly residences to people either looking to rent or buy properties in the emirate, according to dubizzle.
Tenants can rent a two-bedroom apartment in Dubai South District for Dh66,000 while they can buy the similar apartment for Dh910,000, classifieds portal dubizzle said in a report on green-living options released on Saturday.
“We are seeing more and more green communities being developed in Dubai, which is a testament to the Emirate’s commitment to a sustainable future,” Samer Abdin, general manager at dubizzle Property, said. “We encourage residents to consider these options when looking for property in order to contribute to an eco-friendlier future for our communities.”
Dubai has launched several programmes designed to promote sustainable and green living, in line with the emirate’s plans to reduce its carbon footprint and cut energy and water demand by 30 per cent by the year 2030.
The UAE investors are far ahead of their counterparts in Europe and Asia when it comes to sustainable investments, according to a UBS Global Wealth Management report released last week. In the survey, 93 per cent of the UAE investors said they are choosing a sustainable investment route, against a global average of 82 per cent.
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