The second phase of the Dubai 2040 Urban Master Plan consists of several projects under ten key initiatives
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai, has approved the second phase of the Dubai 2040 Urban Master Plan.
The masterplan consists of several projects under ten key initiatives, including Enhancing Urban Centres, Dubai Real Estate Strategy, Urban Farming Plan, Preserving Urban Heritage Plan, Developing the 20-Minute City Policy, and the Pedestrian Network Master Plan. Sheikh Mohammed also reviewed the progress of 17 projects and initiatives that was part of the initial phase of the Dubai 2040 Urban Master Plan.
Following the announcement, Sheikh Mohammed said: “Today, we have a clear vision for the development of Dubai’s urban infrastructure and housing sector until 2040. Our goal is for Dubai to be an eco- and pedestrian-friendly city, and a city with a high yield from urban agriculture”.
According to HE Mattar Al Tayer, Commissioner General for Infrastructure Urban Planning and Well-Being Pillar, and Chair of the Supreme Committee of Urban Planning in Dubai, the key projects of Dubai 2040 Urban Master Plan Phase 2 include, an integrated plan for developing five main urban centres (three existing and two new centres) in Dubai.
According to HE Mattar Al Tayer, Commissioner General for Infrastructure Urban Planning and Well-Being Pillar, and Chair of the Supreme Committee of Urban Planning in Dubai, the key projects of Dubai 2040 Urban Master Plan Phase 2 include an integrated plan for developing five main urban centres (three existing and two new centres) in Dubai.
The plan also covers a comprehensive strategy for Dubai’s real estate sector to align it with the requirements and strike a balance between supply and demand. It calls for proactive initiatives to manage opportunities and changes in the real estate market, achieve sustainable urban development, and boost investor confidence.
The second phase of the Dubai 2040 Urban Master Plan includes a framework for high-yield agriculture and farming by identifying suitable locations and developing the infrastructure and facilities. Phase 2 of Dubai 2040 Urban Master Plan also outlines plans for preserving urban heritage to enhance the emirate’s identity, promote historical areas, landmarks and buildings, and improve the tourism experience at archaeological sites. The Supreme Committee of Urban Planning aims to conclude another five projects by the end of this year.
Source: Construction Week ME Magazine January 2023 Edition
