• NEWS MIDDLEEAST
  • UAEVARTHA
Tuesday, October 27, 2026
UAE Vartha - English
Advertisement
  • UAE
    • Abu Dhabi
    • Dubai
    • Sharjah
    • Ajman
    • Ras Al Khaimah (RAK)
    • Fujairah
    • Umm Al Quwain (UAQ)
  • GCC
  • Kerala
  • India
  • News
    • Business
    • Politics
    • World
    • Science
  • Tech
  • Entertainment
  • Lifestyle
  • UAE
    • Abu Dhabi
    • Dubai
    • Sharjah
    • Ajman
    • Ras Al Khaimah (RAK)
    • Fujairah
    • Umm Al Quwain (UAQ)
  • GCC
  • Kerala
  • India
  • News
    • Business
    • Politics
    • World
    • Science
  • Tech
  • Entertainment
  • Lifestyle
UAE Vartha - English
  • Malayalam News
  • UAE
  • GCC
  • Kerala
  • India
  • News
  • Entertainment
  • Tech
  • Lifestyle
Home News Business

Dubai Approves Dh2 Billion Urban Overhaul to Unlock Dh20 Billion in Property Value

Web Desk by Web Desk
October 27, 2026
in Business
0
Dubai Executive Council approves a Dh2 billion plan to redevelop 48 urban centres, boost property value by Dh20B, and introduce population and digital reforms.
39
SHARES
112
VIEWS
Share on whatsappShare on Facebook

Executive Council sanctions a multi-billion-dirham plan transforming 48 urban hubs, introducing a demographic policy and paperless digital authorizations

DUBAI, October 27, 2026 : The Executive Council of Dubai has approved a major urban redevelopment plan committing more than Dh2 billion to build integrated transit-focused communities, a programme projected to raise the real estate value of targeted areas by Dh20 billion ($5.45 billion) by 2040.

The Executive Council of Dubai has approved an urban centres redevelopment initiative backed by more than Dh2 billion in investments, aimed at creating walkable, integrated residential hubs and driving an estimated Dh20 billion increase in property values across designated sectors by 2040.

The decision came during an Executive Council meeting chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and UAE Deputy Prime Minister and Minister of Finance, and Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, attended the session.

The Urban Centres Development Plan covers 48 hubs across the emirate—six primary urban centres and 42 secondary nodes. Designed around transit-oriented development principles, the strategy reorganizes neighbourhoods around mass transit corridors to curb commute times and concentrate essential services.

Under the roadmap, the proportion of residents living within walking distance of Dubai Metro stations is targeted to rise from 52 percent to 74 percent. Public service coverage across these designated communities will expand from 74 percent to 85 percent.

The plan focuses on three core pillars: raising local quality of life, maximizing economic returns, and enhancing the efficiency and cost-effectiveness of municipal infrastructure.

Alongside the urban blueprint, the council adopted Dubai’s Sustainable Population Planning Policy. The framework establishes a unified demographic modeling mechanism to align public spending, utility expansion, and social infrastructure directly with projected population and workforce expansion.

Officials stated the policy will support high-productivity job creation aligned with the Dubai Economic Agenda (D33), helping retain global talent while ensuring that ongoing expansion does not strain civic amenities.

The council also approved a paperless Digital Authorisation System integrated with the UAE PASS national digital identity platform. The mechanism allows individuals and corporate entities to issue trusted digital authorizations for low-risk official transactions, removing traditional notarization hurdles and streamlining administrative processes for businesses and residents.

Sheikh Hamdan noted that the coordinated policies reflect the long-term vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to balance rapid economic momentum with sustainable urban welfare.

Tags: DubaiDubai EconomyGovernanceInfrastructureReal EstateSheikh HamdanUAEUrban Planning
Web Desk

Web Desk

LuLu Hypermarket launches its annual World Food Festival across the UAE until November 8, featuring live chef sessions, global cuisine, and trolley cashback offers.
Business

Lulu launches world food festival across UAE stores

French apple growers begin shipping their new-season crop to GCC supermarkets, featuring sweeter profiles and in-store tastings following an arid summer in Europe.
Business

New-season French must-have set to arrive on GCC shelves this month

Sharjah's Shurooq confirms the 700m Kalba Beach is 75% complete ahead of a December 2026 opening, with the historic Rock Art Centre launching in 2027.
Sharjah

Sharjah Advances Kalba Eco-Tourism Drive as Beach Project Hits 75% Completion

LuLu Financial Holdings expands digital financial services for UAE businesses with Purpleplum
Business

LuLu Financial Holdings expands digital financial services for UAE businesses with Purpleplum

UAE Vartha - English

© 2026 News Middle East. All Rights Reserved.

Navigate Site

  • NEWS MIDDLEEAST
  • UAEVARTHA

Follow Us

  • Malayalam News
  • UAE
    • Abu Dhabi
    • Dubai
    • Sharjah
    • Ajman
    • Fujairah
    • Umm Al Quwain (UAQ)
    • Ras Al Khaimah (RAK)
  • GCC
  • Kerala
  • India
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel

© 2026 News Middle East. All Rights Reserved.