Expansion Metro Rail Links to Revolutionize UAE’s Real Estate

Expansion Metro Rail Links to Revolutionize UAE’s Real Estate

The expansion of the Etihad Rail Link and the Dubai Metro are game-changing developments that will revolutionize real estate in the UAE. According to experts, this could be a major incentive for economic growth, which would raise demand for commercial and industrial properties in the coming years and boost residential unit supply.

Read More: Dubai’s Stable Real Estate Market Attracts Pakistani Investors

According to Miss. Alina Adamco, Head of Sales at Metropolitan Homes, people living in gated communities currently rely on taxis or cars for transportation. Last week, Dubai announced a $4.9 billion Blue Line project in the public transportation sector, making it a more attractive destination for potential businesses.

The 30km Blue Line Dubai Metro expansion aims to create a “20-minute city,” a transit-oriented approach that will provide access to about 80% of essential services for residents. Additionally, it will function as a crucial hub for integration between the current green and red lines. The Roads and Transport Authority (RTA) has shared the route that the new Metro Blue Line will follow, according to the Dubai 2040 Urban Master Plan.

Read More: Dubai Property Price Trends In 2024

Etihad Rail is another significant future project that spans 1,200 km and connects all seven emirates. Moreover, it also establishes a direct link between Saudi Arabia and the United Arab Emirates from Ghuweifat (west coast) to Fujairah (east coast).

They both mark a game-changing moment and will have a positive impact on the UAE’s real estate industry by stimulating entertainment, shopping, tourism, investment, and sustainability. This might result in a significant advancement in accessibility.

Stay connected to Red Marketing & Real Estate for more updates

Related posts

UAE Real Estate Market is Expected to Reach AED 2.6 Trillion by 2024

Statista's latest data indicates that the UAE's real estate market is on track to hit a value of...

Continue reading
by admin

How to Buy Property in Dubai from Pakistan? A Complete Guide

Dubai's prime geographic location, welcoming business environment, and tax exemption policies have...

Continue reading
by admin

How to Buy a Property in Dubai 2024: The Comprehensive Guide for Investors

Buying Property in the Dubai, UAE The Dubai real estate market presents a distinctive chance for...

Continue reading
by admin