The real estate market in Dubai has long been a focal point of attention and has continued to demonstrate its robust development momentum in the third quarter, reaching new heights.

According to the latest data, the sales transactions for this quarter reached 97.5 billion dirhams, marking a 40% increase compared to the same period last year. This growth trend signifies that Dubai's real estate sector continues to maintain strong vitality and attractiveness.

Dubai, as a global business and tourism destination, has always been a popular choice for international investors and buyers. With its advantageous geographical location serving as a commercial hub in the Middle East, Dubai has attracted numerous multinational corporations and businesses to establish their presence.

Furthermore, Dubai is renowned for its luxurious tourism offerings, world-class infrastructure, and advanced business environment. All these factors combined have propelled the growth of the real estate market and piqued the interest of investors both domestically and internationally.

It is worth mentioning that the Dubai government has been dedicated to promoting sustainable development, incorporating environmental protection and sustainability into its strategic planning. Dubai's real estate developers have also actively responded by integrating sustainable building concepts into their projects.

For instance, many projects have introduced eco-friendly materials, energy-efficient equipment, and innovative energy solutions to reduce the buildings' energy consumption and environmental impact. This not only contributes to reducing carbon footprints but also provides a more comfortable and sustainable living experience.

As a significant real estate developer, ZāZEN Properties plays a pivotal role in the Dubai market. They have consistently upheld the concept of sustainable development and have launched an integrated residential development project named ZāZEN Gardens in Al Furjan.

The project has garnered attention for its unique design and sustainability features, and is expected to be completed in April 2024. ZāZEN Gardens is designed to be Dubai's first comprehensive residential project to receive LEED Gold certification, reducing nearly 470 metric tons of carbon emissions annually through the use of solar power systems and other energy-saving measures. The project will also provide ample public spaces and recreational facilities for the community, creating a livable and pleasant living environment.

The success of Dubai's real estate market also hinges on the government's support and proactive regulatory measures. The government has played a vital role in ensuring market transparency, maintaining fair competition, and protecting investors' rights.

Furthermore, the government has actively taken measures to attract high-quality foreign investments, providing simplified visa regulations and a conducive entrepreneurial environment for international investors, further fostering the prosperity of the real estate market.