How technology is transforming Dubai economy and shaping real estate

Over the years the development which has happened to Dubai has been as a result of the unwavering input of both public and private sectors in working towards ambitious goals.
Different industries have played a significant role such as tourism, logistics, aviation and real estate
to transform the economy of the city in alignment to the initiative programs announced by the
government to see to it that projects become successful.

Technology transformation

The technological transformation in Dubai started in the year 1999 with the announcement of its firststrategy. Ever since, tech hub has been on the rise with companies such as Google, Facebook,
snapchat, twitter and amazon web services all now located in Dubai.

What technology transformation has brought to the city?

Unique opportunities

The end goal is to impact the residents and visitors, financial resources and the environment positively
and the best means to do that is through technology by:

·         Building a smart, liveable and resilient digital city

·         Making a clean environment with the help of ICT innovations

·         Providing smooth transportation means through autonomous and shared mobility services

·         Creating an interconnected society with easy access to social services for residents.

Making connection

Urban planning, allocating land, search for an apartment for purchase or rent are on the rise today
because Dubai is a fast growing city. And there needs to be proper planning to ensure that the need of residents is met. Technology has mystified the task in such that one can quickly surf online through the reliable website such as luxury property and others to get an apartment to rent or buy. It is a

much needed and timely innovation with the rise in demand for an apartment, and that will help the future of the city and its expansion in a better and well-coordinated manner.

Dubai is known as one of the best connected digital society and not ready to take the feet off the pedal.
Most of the residents make use of online services and social media, and that has a lot of positive
impacts it has brought to the city.

The aim of bringing in tech hub, not as the primary goal but taking the role of an enabler is to make life
more comfortable for residents. Residents should be able to make an online purchase,
make appointments for their healthcare needs, get information online, search for villas and houses on
platforms like luxury property, register and pay for courses, interact with others and get updated with all
that is happening in the society.

Safe Atmosphere

GHG emission is on the rise in Dubai due to the more significant numbers of industrial companies in the city greenhouse gas emitted isn’t safe to once health. Once released into the air, the air gets polluted, and that has demeaning effects on one’s health. With the help of technology, the GHG
can be converted into something resourceful such as converting CO2 into carbon-neutral fuels.

Smart mobility

With the use of traffic lights, there would be an improvement in mobility in the city and that will leads to
a fast flow of residents movement. With the use of some technological devices, you can easily maneuver your way to your destination by avoiding traffic. Technology has advanced to the point that you can quickly locate where you are going to with the help of GPS tracker.

Sophisticated infrastructure and buildings

Dubai is one of the most visited cities today because they’ve established an international reputation asan economic and investment center. That has been achieved by diversifying the economy through
vast development in infrastructures such as tourism and real estate. With the help of technology, they ’ve been able to build fantastic villas all over the city which has garnered attraction all over the world.

In conclusion, there is a long way to go in the development if a city and one of the ways to improve
one economy and maintain global competitiveness is through the use of technology.
Dubai is one of the leading cities which have harnessed the power and strength of technology to boost the city economy and shape real estate. And without doubt, it has improved the city tremendously
which makes it the most visited city all over the world for tourism and the business trip to date.