We the UAE 2031

Dubai 2040: A Vision for the Future

Dubai is a city that never stops evolving. From a humble fishing village to a global metropolis, Dubai has transformed itself into a hub of innovation, culture, and commerce. But what does the future hold for this dynamic city? How will it continue to grow and thrive in the next 20 years?

The answer lies in the Dubai 2040 Urban Master Plan, a comprehensive blueprint for the sustainable urban development of Dubai. Launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the plan maps out the strategic vision and goals for making Dubai “the best city to live in” by 2040.

The plan focuses on enhancing people’s happiness and quality of life, reinforcing Dubai as a global destination for citizens, residents, and visitors, and ensuring social and economic prosperity for all. It covers six key dimensions: economy, society, governance, environment, urban planning, and security.

Some of the main objectives and initiatives of the plan include:

– Increasing the land area dedicated to economic and social activities by 168%.

– Doubling the size of green and recreational areas, including public parks, nature reserves, and rural natural areas.

– Developing five main urban centers (three existing and two new) that support the growth of economic sectors and provide a wide range of lifestyle facilities.

– Expanding public transportation network to cover 80% of urban areas and reduce the use of private vehicles.

– Enhancing the effectiveness of economic land and creating new investment opportunities.

– Improving the environmental quality and resilience of the city by reducing carbon emissions, increasing the use of renewable energy, and promoting circular economy.

– Protecting the cultural heritage and identity of the city and fostering social cohesion and inclusion.

– Applying the highest standards of governance, transparency, and efficiency in the delivery of public services.

– Ensuring the safety and security of the city and its residents by adopting advanced technologies and systems.

The Dubai 2040 Urban Master Plan is not only a vision for the future, but also a roadmap for action. It requires the collaboration and participation of all stakeholders, including the government, the private sector, the civil society, and the residents of Dubai. It also offers a unique opportunity for expats, who make up about 90% of Dubai’s population, to contribute to the development and prosperity of the city.

Expats in Dubai enjoy many benefits, such as:

– A tax-free income and a lower cost of living than in many other countries.

– A high quality of life, with access to world-class amenities, services, and infrastructure.

– A safe and secure environment, with one of the lowest crime rates in the world.

– A diverse and multicultural society, with people from over 200 nationalities living and working together.

– A chance to travel and explore the region, with Dubai being a major air hub and a gateway to many destinations.

– A possibility to invest in the real estate market, which offers attractive returns and long-term value.

– Finding a suitable and affordable accommodation, especially in the prime areas of the city.

– Adapting to the local culture and customs, which may differ from their own.

– Obtaining a residence visa and a work permit, which require sponsorship from an employer or a family member.

– Dealing with the hot and humid climate, especially in the summer months.

– Planning for their retirement and savings, as there is no pension scheme or social security system for expats.

This is where the role of estate agencies becomes crucial. Estate agencies are more than just intermediaries between buyers and sellers; they are professional advisors and facilitators who help expats navigate the complex and dynamic real estate market of Dubai. Some of the services that estate agencies provide include:

– Providing market insights and expertise, based on their in-depth knowledge of the local property landscape, trends, and regulations.

– Curating a selection of properties that match the client’s preferences, budget, and goals.

– Negotiating the best price and terms for the client, whether buying, selling, or renting a property.

– Handling the legal and administrative aspects of the transaction, such as contracts, documents, fees, and taxes.

– Offering after-sales support and assistance, such as property management, maintenance, and valuation.

Estate agencies in Dubai are regulated by the Real Estate Regulatory Agency (RERA), which is responsible for drafting laws, issuing licenses, setting standards, and monitoring the performance of the real estate sector. Expats who wish to buy, sell, or rent a property in Dubai should always deal with a RERA-registered estate agency, which can ensure a smooth and transparent process.

Dubai 2040 Urban Master Plan is an ambitious and visionary plan that aims to make Dubai a model city for the world. It also presents a golden opportunity for expats to be part of this exciting journey and to benefit from the growth and development of the city. By working with a reputable and reliable estate agency, expats can find their ideal property in Dubai and enjoy a rewarding and fulfilling experience.

Show More

Abdul Razak Bello

International Property Consultant | Founder of Dubai Car Finder | Social Entrepreneur | Philanthropist | Business Innovation | Investment Consultant | Founder Agripreneur Ghana | Humanitarian | Business Management
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Related Articles

Back to top button
0
Would love your thoughts, please comment.x
()
x

Adblock Detected

Please consider supporting us by disabling your ad blocker