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The impact of solar on property values in UAE

Writen by Beacon Energy

Viewed 5 min read

Solar energy in UAE is making waves, as the entire region is becoming a hotbed for all sorts of financial, tourism and entertainment matters. The rise has been meteoric, and with the world’s energy supplies from conventional means dwindling, alternative sources like solar energy are on the rise. And no other region is as rife with opportunities for solar like UAE, which makes solar energy systems in UAE, perched atop homes a common sight. Which merits the question, does solar have an impact on property values?

The short answer is yes. Before we get into the details as we progress forwards, it is globally accepted that solar has a positive impact on property values. Even in places where sunlight isn’t all that prevalent or effective at generating electricity, solar energy systems are seen as a positive addition to a property. In places like Canada, solar energy systems bring in about a 10 per cent addition to the value of a home; solar energy systems in UAE and Dubai are far more efficient, which obviously means they will hold a much greater increment in the value of the property installed.

Let’s look at some research and delve deeper into why solar energy systems can positively affect the value of a home or any property.

Solar Energy Systems in Dubai

Property values are subject to a lot of factors, each one of them oscillating between positive and negative based on the perception of customers. And this perception is the main thing to factor in when looking into property values; a property that isn’t aesthetically pleasing outwardly will command lesser value than its peers with a much better design language.

Research on property values with solar

The same happens with solar energy systems. All down to the perception, the general perception for solar energy systems in UAE is positive, as they are seen contributing positively to both the environment and the energy expenditure of the property. As such, houses and residential units with solar energy installations are looked upon more favourably; according to one research, around 70 per cent of real estate investors are willing to pay extra for properties with renewable energy installations, and headlining this list is solar energy.

With an average of somewhere north of $9,000, the USA is also one of the many states where solar energy installations appreciate the value of the household where installed; energy generation potential matters a lot in that case as well. California, one of the hottest states in USA, is more receptive to solar energy systems and likewise boasts a considerable increase in property values if equipped as such.

Aside from the research cited above, many other researches tend to factor in, again, perception. Since solar energy systems in Dubai are seen as not only beneficial to the environment, but also to the property itself since the owner stands to save a lot on utility bills. Which is why solar energy systems in UAE are installed in newer and even older homes to further increase their values. Solar energy companies in UAE have responded to this with further increasing their efforts in the region, and as the state progresses forward, solar energy will surely see its zenith.

The best solar energy company in Dubai: Beacon Energy

Solar energy companies in UAE understand this sudden spike of interest in solar energy, and have made it so that more and more people are viably lured towards alternative energy sources. One of these companies that is outperforming its rivals is Beacon Energy, a solar equipment supplier that works with some of the biggest names in the solar skyline of UAE: CanadianSolar, SOFAR Solar, Mibet, among many others. What makes Beacon Energy one of the leading solar companies in Dubai is the fact that they have done their homework when it comes to the supply of solar energy equipment. Supply chain efficacy, coupled with a sprawling warehousing network and fast, prompt delivery timelines make them the best choice for consumers looking to go solar with the least amount of hassle.

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