A sustainable future for real estate in the UAE is just around the corner.

In the first half of this year, Abu Dhabi demonstrated the resilience of the UAE real estate market with deals worth $6.1 billion. In July, Dubai confirmed this trend by recording $2.9 billion worth of transactions in a single week.

Although prices fell in June for the first time this year compared to June 2021, they remained more than 10 percent higher. This slowdown should be taken as a positive signal as it indicates the health of the market and its ability to maintain a steady pace.

The real estate industry accounts for about 5.5 percent of the UAE's total gross domestic product and is likely to continue to do so, especially given the country's focus on' 'in achieving the UAE's goal of total zero carbon emissions by 2050.

Developers can contribute by integrating clean infrastructure and technology into their projects, such as adding solar panels, alone they can save up to 28 percent of energy, and charging stations for electric vehicles. Providing such facilities develops eco-friendly habits among residents and promotes collective cooperation in the country's green agenda.

A survey by a global real estate services company shows that 63 percent of leading investors strongly agree that green strategies can increase employment, rental prices and tenant retention. If Dubai's 2040 Plan becomes' 'world.

The cost of solar panel systems in the UAE has fallen by more than 76 percent in recent years, spurring a number of projects including Abu Dhabi's Al Dhafra region; approximately 1.6 million homes in the UAE will receive electricity, and tariffs of $13.50 per megawatt hour will make it one of the lowest solar purchase rates in the world.

With increasing awareness of the benefits of solar energy, the UAE is expected to achieve a compound annual growth rate of over 15 percent by 2027. Developers who strategically implement solar infrastructure will reap considerable profits.

Whether through architectural design, construction practices or waste management, developers have several ways to implement' 'sustainability and reaping the benefits.

Just as the UAE is tackling climate change while driving growth in the real estate market, it is also shaping the regulatory framework to meet today's needs.

The recently introduced brokerage law, which came into effect in August, also illustrates the UAE's shrewd thinking. It will also ensure brokers report all cash transactions of AED55,000 and above.

The combination of these factors has led to a number of record deals in 2022 as the UAE strives for a greener, safer and more sustainable future.