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.
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.
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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.
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