UAE has always been in the limelight. From holding the record for the tallest tower in the world to the largest shopping mall in the world, UAE has always left people speechless with its accomplishments. Its economy has also been one of the most stable in the world and despite the entire world being in the grip of an economic meltdown, this country was able to hold its own. The biggest proof of this is the stability that the real estate market of this which has continued to show a sustainable growth over the years. From local buyers to international investors, people have always found that they can safely put their money in this real estate market and get assured returns over the years.

With the residential sector witnessing continued demand from investors, the market has witnessed a number of new project launches and announcements. Contracts have been awarded for around USD5.4 billion of residential projects over the first half of 2014, while other new projects remain at the announcement or launch stage with no construction work yet occurring. A common theme across many of these projects is an emphasis on sustain-ability and energy saving features, in line with the recent decision of the UAE Government to extend its green building codes and regulations to all new real estate projects.