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Dubai Metro: Driving Sustainable Development and Economic Success.

Date: 18-Dec-2023 | Category: News & Updates

Dubai's strong dedication to building a complete city is best seen in the Dubai Metro a crucial part of the Emirates' public transport system. It standing as a testament to the city's commitment to maintaining its status as one of the world's fastest growing and most developed cities. The metro has transformed the way Dubai's population travels within the city. It plays a key role in supporting the city's sustainable economic development.

The Dubai Metro stands as a testament to Dubai's commitment to comprehensive city development. It symbolized by a remarkable 99.7% punctuality that has not only surpassed international safety standards but has also instilled confidence among commuters. With the recent approval of the Dubai Metro Blue Line project by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the emirate takes a significant step toward fulfilling present needs and preparing for future growth outlined in the Dubai 2040 Urban Master Plan.

The economic impact of the Dubai Metro is substantial supported by initial studies from the Roads and Transport Authority (RTA) indicating that infrastructure investment is a global driver of economic growth. By 2040, the Blue Line project is projected to yield a benefit-cost ratio of 2.60 translating to AED 2.60 in benefits for every AED 1 spent. The expected benefits exceeding AED 56.5 billion encompass time and fuel savings reduced accident-related fatalities and lower carbon emissions.

Dubai Metro the world's longest driverless metro network at 90 km has welcomed over two billion riders since its opening in 2009. The Red Line served 1.342 billion commuters and the Green Line catered to 673.531 million people. This sustainable transport system has significantly contributed to Dubai's economic growth, tourism and real estate investment.

Dubai Metro boosts real estate success as properties near stations consistently outperform the market with impressive price growth rates of 35.8% and 43.8%. Prestigious areas like Jumeirah Beach Residence and Dubai Marina see significant price appreciation. As Dubai matures being close to the metro becomes crucial leading developers to focus on urban infrastructure for sustained high performance.

A well-functioning metro system enhances the city's appeal to tourists and business travelers. The convenience of public transportation makes Dubai an attractive destination for international events, conferences and exhibitions with the Dubai Metro already playing a crucial role in boosting the city's competitiveness exemplified by hosting major international events such as Expo 2020.

Investing in public transportation aligns with sustainable development goals and environmental conservation. The Dubai Metro by encouraging the use of public transport helps reduce traffic congestion and lower carbon emissions contributing to a cleaner and healthier urban environment. These environmental benefits are integral to the country's long-term economic sustainability saving both time and money for commuters and increasing overall economic output.

The Dubai Metro has been a substantial source of employment with over 7,000 companies employing approximately 242,000 individuals in commercial transport activities.