UAE: Dubai

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Chapter | Real Estate & Construction. from The Report: Dubai 2014

Real estate transactions in Dubai totalled $64.2bn in 2013, up sharply from $42bn in all of 2012. The residential, retail, hospitality and industrial segments all experienced solid growth. Property sales jumped by more than 20% in 2013, with serviced apartments also recording strong growth figures. Demand for Dubai property seems to be coming from all corners of the world. According to the...

A new aviation district in Dubai is set to spearhead growth across the maintenance, repair and overhaul industry, while strengthening the emirate’s position as one of the world’s largest air transport hubs.

Faced with rising power consumption and a grid under pressure, Dubai is stepping up its efforts to improve energy efficiency, while boosting the role played by renewable resources in meeting demand. Long term, a broad range of initiatives, supported by a new regulatory framework announced last year, should help bring energy costs under control.

What specific challenges does Dubai face in enhancing the role of technology in carbon reduction goals?

With growth in the trade, aviation and real estate industries, what can be done to meet the resultant increases in domestic energy demand?

Buoyed by surging demand driven by rapid economic and demographic growth, the energy sector in Dubai is witnessing a period of significant transformation.

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