Date of Award

Spring 2021

Thesis Type

Open Access

Degree Name

Honors Bachelor of Arts

Department

Business

Sponsor

Dr. Richard Lewin

Committee Member

Dr. Raghabendra KC

Committee Member

Dr. Bruce Stephenson

Abstract

With population growth continuing on an upwards trend and urban living projected to increase in the coming years, a redesign of typical property development is required to ensure that housing demand not only has a lesser impact on the environment, but also meets the needs of communities. Through a combination of literature review, quantitative and qualitative data analysis, this paper presents a case study of The Sustainable City Dubai (TSC), a key sustainable development within the United Arab Emirates (UAE), taking into account its social, economic and environmental strategies and consequent impacts. Investigation has been conducted into the importance of such development models and the key benefits they provide to property owners, the environment and the related businesses. In addition, the unique role sustainable developments play to various segments within the international property market was scrutinized to determine their subsequent positioning. Discussion of the barriers to adopting sustainable property development/s, both for developers and property consumers was undertaken. The paper concludes that The Sustainable City Dubai is, for the most part, beneficial and positively impacts social, economic and environmental sustainability. The paper further concludes that sustainable developments are generally positioned as niche, premium priced properties in the current real estate market and that only with greater adoption will they move out of this position. Finally, the paper argues that policy change and legislature are driving forces behind uptake of sustainable development, both for developers and property consumers.

Rights Holder

Carys Davidson-Huxley

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