The plan aims to raise the share of residents living near metro stations to 74% and public service coverage to 85%.
Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum approved the Urban Centres Development Plan, backed by more than AED 2 billion, at a meeting of the Executive Council of Dubai.
The plan rests on quality of life, economic returns, and infrastructure and cost efficiency. It aims to raise the share of residents living near metro stations to 74% and public service coverage to 85%.
Sheikh Hamdan said the plan will add AED 20 billion to the real estate value of the targeted urban centres.
Source: Gulf News
