Dubai has been making headlines for its sustainable city project, which aims to create a carbon-neutral community that relies solely on renewable energy. But with all the buzz surrounding this eco-friendly city, many people are wondering how much it costs to live there.
The Sustainable City: An Overview
The Sustainable City in Dubai is a unique project that covers an area of 46 hectares and comprises a total of 500 villas and townhouses. The community is designed to run entirely on solar power, and the houses are built using sustainable materials such as recycled steel and glass.
The city also features several green spaces, including parks and gardens, which help to reduce the urban heat island effect. In addition, the community has a dedicated cycling track, electric vehicle charging stations, and an organic farm that provides fresh produce for residents.
Cost of Living in The Sustainable City
Living in The Sustainable City comes at a cost. The villas and townhouses are designed to be energy-efficient, but they come with a higher price tag than traditional homes in Dubai. According to Bayut.com data from August 2021, the average price for a villa in The Sustainable City is AED 3.4 million (USD 925,000), while townhouses cost around AED 2.5 million (USD 680,000).
However, it’s important to note that these prices vary depending on several factors such as location within the community and size of the property.
In addition to the higher upfront cost of purchasing property in The Sustainable City, residents also pay fees for maintenance and utilities. These fees cover services such as waste management, landscaping, and security.
According to Gulf News’ report from February 2021, owners pay around AED 8 (USD 2) per square foot annually for maintenance fees. For example, if you own a 3-bedroom villa with an area of 3,000 square feet, the annual maintenance fee would be around AED 24,000 (USD 6,500).
Is It Worth the Cost?
The Sustainable City may come at a higher cost than traditional homes in Dubai, but it also offers several benefits that make it worth considering.
Firstly, the community is designed to reduce your carbon footprint and promote sustainable living. By living in The Sustainable City, you’re actively contributing to reducing greenhouse gas emissions and protecting the environment.
Secondly, the community offers a range of amenities that promote a healthy and active lifestyle. From cycling tracks to organic farms, The Sustainable City is designed to encourage physical activity and healthy eating habits.
Lastly, The Sustainable City provides a sense of community for its residents. With shared green spaces and community events, residents can connect with like-minded individuals who share their values and beliefs.
Conclusion
While The Sustainable City may come at a higher cost than traditional homes in Dubai, it’s important to consider the long-term benefits of living in an eco-friendly community. By reducing your carbon footprint and promoting sustainable living practices, you’re not only doing your part for the environment but also contributing to a healthier and happier lifestyle.
If you’re interested in living in The Sustainable City Dubai or want more information about the costs associated with it, we recommend consulting with a reputable real estate agent who specializes in sustainable housing.