liveable cities. With flexibility at the forefront, co- working provides businesses with the opportunity to scale up or down in response to changing needs, which is essential for facilitating economic growth in urban centres. These spaces are often more conveniently located than traditional offices, making them ideal for promoting the live-work-play balance crucial to modern urban living.Spaces that support well-being: Habitability should extend beyond basic needs to ensure that buildings are designed for comfort, health and well-being. This includes enhancing natural light, providing outdoor spaces and ensuring homes are built to withstand changing climate conditions. Inclusive design principles should also consider accessibility for people of all abilities, ensuring cities are welcoming to everyone. As cities continue to grow, the importance of liveability becomes increasingly apparent. Sustainable, compact and community-oriented urban designs enhance the quality of life for residents while supporting economic growth and climate resilience. The integration of hybrid work models, co-working spaces and flexible office environments represents a shift in how urban spaces will be used post-COVID-19 pandemic. Moreover, the inclusion of affordable and adaptable housing solutions ensures that cities are equitable and accessible to all. CASE STUDY 2 Ghaf Woods The provision of green space and proximity to nature, even in dense urban areas, is increasingly becoming a priority as the recognition of benefits from mental health to climate resilience increases. Spanning close to eight million square feet, Majid Al Futtaim’s Ghaf Woods development will feature over 7,000 premium residences nestled within a lush woodland. The architecture is inspired by and reflects the natural landscape, which features a forest of 35,000 trees. The development, which is slated for completion in 2031, provides not only stunning views and a sanctuary for residents but also promotes ecological balance. The forest will help improve air quality and reduce temperatures while providing a habitat for over 20 bird species. The amount of open space per resident will be 40% above World Health Organization (WHO) standards, and the forest will remain car-free with numerous walking paths. Connectivity will be a central feature and extend beyond just mobility to help drive both social bonds among residents and between residents and nature. Source: Majid Al Futtaim Properties Reimagining Real Estate: A Framework for the Future 22

Reimagining Real Estate 2024