Dubai approves AED2 billion urban centres plan targeting AED20 billion increase in real estate value by 2040

Hamdan bin Mohammed affirms public wellbeing remains top priority for every investment in Dubai’s future His Highness chairs a meeting of The Executive Council of Dubai, which approves key initiatives including the Urban Centres Development Plan, Sustainable Population Planning Policy and Digital Authorisation System. His Highness: Guided by Mohammed bin Rashid’s vision, Dubai represents an exceptional, inspiring and people-centric model. “We seek economic growth that expands opportunities and policies that deliver tangible benefits for the wellbeing of Dubai’s citizens and residents.” “Dubai ranks second globally in the 2026 Smart City Index, and our ambition is to set global benchmarks for digital government services in ease of access, efficiency and integration.” Urban Centres Development Plan to contribute to a AED20 billion increase in the real estate value of targeted centres. Sustainable Population Planning Policy to align economic and population growth, supporting the development of services in line with the emirate’s future needs. Digital Authorisation System aims to enhance the government experience by providing integrated and trusted solutions for society and businesses. Dubai: His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, affirmed that, guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai is advancing plans that balance economic growth with population expansion, enhance infrastructure readiness and service efficiency, and ensure development translates into improved wellbeing for citizens and residents alike. Chairing a meeting of The Executive Council of Dubai at Emirates Towers today, His Highness said: “Under the vision of Mohammed bin Rashid, Dubai has become an exceptional, inspiring, people-centric model. To sustain this model, we are investing in urban centres to develop integrated communities that meet people’s aspirations and support sustainable growth. The Urban Centres Development Plan, with a budget exceeding AED2 billion by 2040, will contribute to an increase in the real estate value of the targeted centres by AED20 billion, making them more vibrant places to live, work and invest.” Leadership across domains Sheikh Hamdan added: “This plan is an investment in Dubai’s future and the sustainability of its growth, strengthening its leadership across different domains and its position as a city that places people’s wellbeing at the heart of development.” His Highness said: “Dubai is a preferred city to live, work and invest, welcoming investors, entrepreneurs and talent, and home to a community of more than 200 nationalities. Today, we approved the Sustainable Population Planning Policy, which links population growth forecasts with our economic and urban plans and guides the development of services and infrastructure in line with residents’ needs. Our goal is for Dubai’s economic growth to keep pace with the aspirations of its citizens and residents, expand opportunities for individuals and families, and reinforce the emirate’s leadership in attracting and investing in talent and skills.” Global benchmark Sheikh Hamdan noted: “Ranking second globally in the 2026 Smart City Index, Dubai is among the world’s leading cities for digital services, and our ambition is to set a global benchmark for digital government services in ease of access, efficiency and integration. Today, we approved the Digital Authorisation System for individuals and companies to deliver a unified and trusted government experience that serves society and business, and reinforces Dubai’s position at the forefront of digital government.” His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, attended the meeting. Connected urban centres The Executive Council approved the Urban Centres Development Plan, overseen by the Supreme Committee for Urban Planning and Dubai Municipality in collaboration with relevant entities. The plan covers six main urban centres and 42 supporting sub-centres across the emirate, accounting for 12% of Dubai’s urban area. With a budget exceeding AED2 billion, the plan will contribute to an increase of AED20 billion in the real estate value of the targeted centres by 2040. It focuses on three pillars: quality of life, economic returns, and infrastructure efficiency and cost. The plan will concentrate population and jobs around mass transit stations, diversify land use and bring homes closer to workplaces. It aims to increase the proportion of residents living around metro stations from 52% to 74% and raise public services coverage from 74% to 85%, improving access to servi