Expanding Dubai’s infrastructure: The vision for 2040
From an infrastructure perspective, the plan has also identified a goal for 55 percent of the population to live within 800 metres of a main public transport station.
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Simple steps to buy a home successfully
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Consider your finance options, and then choose the best one available
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Make an offer with some wiggle room for negotiation
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Which other tips do you recommend when buying a home?
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The Dubai 2040 Urban Master Plan is an exciting one for businesses — whether they have a presence in Dubai yet or not. Its goals are bold: to transform the emirate and create a truly interconnected, people-led city that balances community with tourism and modernity with heritage and nature. In other words, the city is working hard to meet the economic, cultural, and infrastructural needs of their growing population while also putting Dubai at the forefront of innovation and sustainability. Let’s take a look at some of the specifics.
The plan’s primary focus is on the development of five key neighbourhoods, each with their own theme that supports economic growth and increased job opportunities. Two of these areas will be net new (the Expo City Dubai and a new technology hub), and three (the historic, downtown, and entertainment districts) will be revitalised. Within these spaces, areas used for commercial, industrial and economic activities will increase to a total 168 square kilometres — reflecting an ongoing interest in drawing new businesses into the region.
The renewed focus on the existing financial, entertainment, and cultural hubs will invite new businesses to bring in new perspectives and ways of doing things. Meanwhile, the development of a brand new technology space is bound to attract a slew of new tech entrepreneurs — and the investors that follow them. This will continue to position Dubai as a centre for innovation and digital development, creating opportunities for businesses that are facing saturated markets elsewhere.
From an infrastructure perspective, the plan has also identified a goal for 55 percent of the population to live within 800 metres of a main public transport station. This will require expanding the current transit infrastructure, ensuring that it provides sustainable mobility to as many people as possible. Both the growth of these districts, and the infrastructure that will support them, will spell vast opportunities for developers of all types — as well as planners and advisors.
The team at R&AA Properties is excited about the opportunities that the Dubai 2040 Urban Master Plan presents and is ready to assist businesses and investors in navigating this dynamic landscape.
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