They confirmed that it will be the locomotive of growth for the “sector” in Dubai

Realtors: Adopting modern technologies in buildings reduces service fees

  • Realtors confirmed that solar energy can be used to light the building and operate the elevators.

    Photography: Ashok Verma

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Realtors said that modern technologies will be the engine of growth for the real estate sector in Dubai, especially technologies related to energy saving and taking into account the conditions of climate change.

They told "Emirates Today" that the adoption of these technologies will contribute to reducing the annual service fee bill by reducing costs and expenses in general, especially those related to maintenance.

They explained that solar energy can be used to light the building and operate the elevators, and find a smart alternative with regard to the exit and entry of the residents of the building through a smart eye that works with face-reading technology, thus eliminating the costs of guarding, which are part of the service fees, calling for the need to study these technologies, And to be used in a scientific way and not for luxury.

Artificial intelligence

In detail, the CEO of Fakhr El-Din Real Estate Company, Youssef Fakhreddin, said that the use of new technologies and artificial intelligence in the real estate sector is in the interest of the final investor by reducing service fees by reducing maintenance costs.

Fakhruddin added that the movement of the real estate market in Dubai has witnessed several changes in recent years, most notably the adoption of modern technologies in cooling and waste separation, which is beneficial in terms of economic and environmental impact on buildings that adopt these technologies.

He explained that the waste management technology helps separate dry and wet waste, thus reducing the total carbon emissions by 1250 tons, noting that fully automated smart homes achieve energy savings of up to 30%, as well as a low carbon footprint.

Utility bills

For his part, the managing director of Harbor Real Estate Company, Muhannad Al-Wadiya, said that technology and modern technologies play a major role in all economic sectors, including real estate.

Al-Wadiya explained that there are modern systems that contribute to reducing utility charges, utility bills, electricity, water and sewage bills for buildings, such as smart devices in the corridors, including a light sensor that reduces electricity consumption, in addition to modern irrigation systems that operate with smart sprays in the quantities required for irrigation and are known Amounts of water in the soil, as well as smart air conditioners, which contribute to reducing costs.

Al-Wadiya called for the need to study these technologies, and to use them in a scientific way and not for luxury, stressing that they will be the locomotive of growth for the real estate sector in Dubai.

alternatives

In turn, the Director General of the "Royal Liwan" Real Estate Company, Muhammad Hareb, said that finding solutions and alternatives to reduce service fees must include all services in the building such as guarding, electricity and others, noting that it is possible to go to solar panels to light the building and operate elevators, and find A smart alternative solution regarding the exit and entry of the residents of the building through a smart eye that works with face reading technology, thus eliminating the costs of guarding, which are part of the annual service fee.

He explained that canopies or car parks can be converted into places designated for solar panels in order to generate energy and use them in lighting, calling for the formation of a committee to study these technologies to reduce service fees.

Reduce expenses

In the same context, the CEO of "Elio" Real Estate Company, Zahi Kashua, said that the use of modern technologies for any real estate project not only contributes to reducing maintenance expenses and fees, but also pushes the real estate sector forward.

He added that the maintenance costs of any real estate project make it an opportunity for investors to reap profits that double any other profits for projects that do not use modern technologies.

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