The Government of Dubai has approved major development initiatives that cover key areas - real estate, education, transport and others. These initiatives create advantages of buying property in Dubai for residents and investors, guaranteeing stable development and price growth in the market.
Real Estate. The target is to increase the number of transactions by 70% and reach a total transaction value of $272bn. This is fuelling strong demand for properties and creating new opportunities for investors.
Education. Introducing the concept of lifelong learning and developing the UAE's talent is an important part of the plan aimed at strengthening the country's intellectual and professional potential.
Cashless payments. Dubai aims to become one of the top 5 cities with a cashless economy by increasing the share of digital transactions. This makes it easier to do business and promotes economic transparency.
Suspended transport. By 2030, Dubai plans to launch 65km of aerial track and increase the share of public transport journeys to 26%, improving logistics and making it easier to get around.
National Archives. An important part of the strategy is to preserve the emirate's history and cultural heritage through the establishment of the National Archives.