Lifesize Plans Dubai is offering a service integrating virtual reality & augmented reality experiences that enables UAE residents to toggle between finishes, floor plan variations, and alterations before a structure is built. The solution is said to mitigate risk for buyers and provides a core client-centred service for developers and sellers. The firm says it offers immersive, full-scale architectural visualisation that redefines the pre-construction experience.
The UAE’s construction sector has experienced a steady rise in recent years due to several factors, including substantial government investments, economic diversification, and an increasing population. These factors have had a profound positive impact on the country’s real estate sector, the firm said. According to market intelligence and advisory firm Mordor Intelligence, the construction market size is projected to grow at a compound annual growth rate of 4.26% by 2030. This growth is expected to contribute significantly to the real estate sector as numerous developments are currently in the pipeline, with the aim of being completed by then.
The construction sector’s growth is also fueled by various additional factors, particularly in infrastructure development, transportation and renewable energy. These developments will increasingly require the support of innovative technologies to provide the best possible products to their customers. Dubai’s proptech market, which aims to double its sector value by 2030, has been a major contributor to this surge. Through its technology, the market has introduced a new dimension to the sector from both a technical and design perspective.
Georges Calas, CEO of Lifesize Plans Dubai said, “Witnessing the constant growth of the UAE’s real estate sector and strong influx of investors coming in from all around the world, it was an easy decision for us to enter the market in 2023. As the sector continues to flourish, it becomes increasingly crucial to focus on the attention to detail for every square meter that it is being constructed not just from a design perspective, but to also help identify any potential problem before work even starts on the project.”
“As the overall supply of both residential and commercial developments continues to increase, the proptech sector in parallel also becomes more of a necessity as opposed to a luxury when it comes to investors looking to buy their dream home and will soon become an essential tool for developers to incorporate in the years to come,” he added.
As the UAE remains a global destination for investors and tourists, its construction and real estate sectors continue to be its backbone industries, ensuring its continued prosperity. Developers will also increasingly focus on complementary sectors like proptech to provide the best possible infrastructure, design, and quality in the growing real estate market.
Lifesize Plans Dubai to complement sector growth through ‘integrated projected technology’ Middle East Construction News.
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