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Realiste identifies Dubai's most promising green areas for investment
Realiste identifies Dubai's most promising green areas for investment Dubai
By   Press Release
  • City News
  • Greenfield properties
  • greenfield neighbourhoods
  • green areas
Abstract: Realiste has conducted research to identify the areas with the highest concentration of green space in Dubai.

Green spaces are essential to Dubai for several reasons, including their aesthetic appeal, environmental benefits and potential impact on property prices.

 

Green spaces provide aesthetic appeal to the city of Dubai, which is known for its modern skyscrapers and urbanisation. Green spaces such as parks and gardens provide a respite from the concrete and glass structures that dominate the city's skyline. They provide an oasis of peace for residents and visitors to relax, exercise and enjoy nature.

 

Parks, gardens and other recreational areas are also valuable to Dubai because of the impact they have on the environment. They absorb carbon dioxide, which helps to combat climate change and improve air quality. In addition, they reduce the heat island effect by providing shade and cooling the surrounding area.

 

Finally, properties located near green spaces are often seen as more desirable and can command a higher price than properties that are not located near green spaces. This is because residents are willing to pay a premium for the additional benefits and amenities of living near a greenbelt, such as improved air quality, recreational opportunities and a better quality of life.

Dubai's top green areas

 

In Dubai, the government has recognised the importance of green areas and has invested in creating parks, gardens and other green spaces throughout the city. As a result, the demand for and value of properties located near these green areas has increased. In addition, developers are increasingly incorporating green spaces and sustainable features into their projects, further enhancing the appeal of these properties.

 

Buyers and renters are preferring areas with an abundance of parks, greenery and other natural elements, leading to higher property prices.

 

For example, in ARABIAN RANCHES, 41% of the area is green space.

 

For example, in ARABIAN RANCHES, where 41% of the area is devoted to green space, the average cost of a property is AED 3.8 million and the average price per square foot is AED 1,046.

 

In comparison, the city centre, considered one of the most popular areas in Dubai, has an average price of AED 3,200,000 with an average price of AED 2,670 per square foot.

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Realiste identifies Dubai's most promising green areas for investment
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