Latest news with #Dhs20.5
Time Out Dubai
3 days ago
- Business
- Time Out Dubai
Dubai Metro Blue Line: Opening date, planned route, map and more
The Dubai Metro is set to get a huge upgrade. By 2029, the Dubai Metro Blue Line, an entirely new line, will join both the Red and Green Lines to expand the public transport offering across Dubai. Dubai's RTA has confirmed that work on the Dhs20.5 billion Dubai Metro Blue Line project is underway and will be up and running sooner than you think. When will Dubai Metro Blue Line open? The RTA revealed in December 2024 that the new Blue Line will start operating in 2029. The project is scheduled to be completed on the date of its 20th anniversary of operations Sunday September 9 2029. Once completed, it is expected to serve 200,000 passengers every day by 2030 with this number rising to 320,000 by 2040 as the Dubai population continues to grow. تستمر #هيئة_الطرق_و_المواصلات في تنفيذ مشاريع نوعية تسهم في تعزيز مكانة #دبي العالمية وتؤكد ريادتها في مجال تطوير البنى التحتية، حيث تستعرض في المعرض والمؤتمر العالمي للسكك الحديدية والنقل والبنية التحتية #جلوبال_ريل2024، مشروع الخط الأزرق لـ #مترو_دبي، الذي يحقق الربط والتكامل… — RTA (@rta_dubai) October 8, 2024 At the end of April 2025, H.E. Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of RTA, chaired the Blue Line Forum meeting, attended by Dubai Metro Blue Line stakeholders. Sharing the development on X, it was revealed how the meeting reviewed the latest developments and overall progress of the Blue Line Project. These regular meetings reflect RTA's commitment to informed decision-making at every stage of the project and ensure the project stays on schedule and is delivered as planned. At an RTA workshop, it was also revealed that the Dubai Metro Blue Line will cut traffic by 20 percent in nine neighbourhoods once built. H.E. Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of RTA, chaired the Blue Line Forum meeting, attended by the heads of the Dubai Metro Blue Line Project Consortium, and the supervising consultant. The meeting discussed the latest developments… — RTA (@rta_dubai) April 28, 2025 Dubai Metro Blue Line stations In July 2024, the RTA announced that the Dubai Metro will eventually more than double its number of stations operating in the city by 2040. The only project currently announced for this transformation of the public transport system is the Dubai Metro Blue Line. It will feature 14 stations, with nine above ground and five underground, and extend over 30km. It will serve nine vital areas of the city and connect with the Red Line at Centrepoint Station and the Green Line at Al Khor Station. These areas include Marsa, Dubai Creek, Festival City, International City, Al Rashidiya, Al Warqa, Mirdif, and urban areas such as Silicon Oasis, Academic City Dubai Metro plans will eventually more than double the current number of stations. (Credit: Government of Dubai) Despite work only beginning on the Dubai Metro Blue Line this year, RTA and Dubai Police have discussed the requirements of the project and what will ensure the safety of city residents. Speaking in February 2024, Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors, RTA, announced that work had begun. He said: 'RTA is consistently expanding and upgrading the public transport network. '2024 is set to mark the commencement of the Dubai Metro Blue Line project, which will stretch over a total of 30km, with 15.5 km running underground and 14.5 km above ground. You might also like: New Dubai Metro Blue Line map: What the new route could look like 'The project encompasses 14 stations including three interchange stations, connecting key areas in Dubai to cope with the projected demographic growth of surrounding areas to one million people as per the Dubai Urban Master Plan 2040. Dubai's #RTA announced that in 2023, the combined ridership of public transport and shared mobility, including Dubai Metro, Tram, buses, marine transport, shared mobility services, and taxis, reached around 702 million, up 13% from 2022's 621.4 million. The average daily… — RTA (@rta_dubai) February 18, 2024 'It also integrates with the Red and Green lines of the Metro, offering a direct link between Dubai International Airport and nine principal areas situated along its route. The journey time between these destinations is expected to vary from 10 to 25 minutes,' added Al Tayer. Plans for Dubai Metro Blue Line were first announced in November 2023 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. At the time, HH Sheikh Mohammed said: 'The Blue Line Route of the Dubai Metro… (will) cost 18 billion dirhams.' But this estimated cost has since risen to Dhs20.5 billion following the announcement, in December 2024, of a consortium of three major construction companies to build the project. Turkish firms MAPA and Limak, as well as Chinese construction company CRRC will form a consortium to build the project. HH Sheikh Mohammed also confirmed where the Blue Line will operate when the plans were first announced. He added: '[The Dubai Metro Blue Line] covers areas with a population of up to a million people such as Marsa, Dubai Creek, Festival City, International City, Al Rashidiya, Al Warqa, Mirdif, and urban areas such as Silicon Oasis, Academic City, and others. The new line will transport 320,000 new passengers daily.' The Dubai Metro map (Credit: Interestingly, and unlike the current Metro Lines, just over half of the Dubai Metro Blue Line will be underground and the remainder above ground. With hundreds of millions of riders on the Dubai Metro every year, the commencement of work on the Blue Line is bound to be exciting news for public transport users in Dubai. Currently, Green Line stations are in Bur Dubai and Deira in the old town. The Red Line connects the old city and airport to Downtown Dubai, Dubai Marina and Expo 2020 in the south-west. More Dubai transport news Dubai reveals plans for quicker bus journeys More than 11,000 trips are made daily on city buses 6 wild public transport projects coming soon to Dubai From Elon Musk's underground tunnel to a trackless tram 57 major road projects coming to Dubai by 2027 — here's what to expect And how they'll improve your journey
Gulf Today
06-03-2025
- Business
- Gulf Today
Ajman records Dhs9.655 billion in contracts
The Ajman Municipality and Planning Department announced that construction contracts' value in the emirate exceeded Dhs9.655 billion in 2024. This aligns with the emirate's strategic goal of achieving sustainable development in the construction and building sector. Abdul Rahman Mohammed Al Nuaimi, Director-General of the Department, highlighted that the value of the contracts saw significant growth compared to 2023, when it reached Dhs5.936 billion. He also emphasised Ajman's success in positioning itself as a model modern emirate that ensures a high quality of life for residents, visitors, and tourists while providing an ideal investment environment for successful and sustainable projects across various sectors. He further noted that the rate of increase in the value of construction contracts recorded 62.66% compared to 2023, crediting continuous efforts, strategic planning, and forward-thinking policies aimed at enhancing service excellence in building permit issuance, expediting processes, and boosting the emirate's global competitiveness. Separately, the number of real estate transactions in the Emirate of Ajman during 2024 reached 15,125 real estate transactions with a total value exceeding Dhs20.5 billion, reflecting a remarkable growth of 21% compared to 2023. Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Ajman Department of Land and Real Estate Regulation, stated recently that the exceptional performance of the real estate market over the past year is evidence of the sector's strength and a positive indicator that enhances Ajman's position as a premier investment destination and promises a bright future for the emirate's economy. He emphasised that the recorded figures reflect the visions of the wise leadership and their efforts to enhance the reputation of Ajman's real estate market.
Gulf Today
27-01-2025
- Business
- Gulf Today
Realty transactions in Ajman hit Dhs20.5 billion in 2024
The number of real estate transactions in the Emirate of Ajman during 2024 reached 15,125 real estate transactions with a total value exceeding Dhs20.5 billion, reflecting a remarkable growth of 21 per cent compared to 2023. Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Ajman Department of Land and Real Estate Regulation, stated that the exceptional performance of the real estate market over the past year is evidence of the sector's strength and a positive indicator that enhances Ajman's position as a premier investment destination and promises a bright future for the emirate's economy. He emphasised that the recorded figures reflect the visions of the wise leadership and their efforts to enhance the reputation of Ajman's real estate market, which is considered one of the most competitive markets in the world, offering promising opportunities and a comprehensive and attractive investment experience that meets the ambitions and aspirations of investors from all segments. Al Nuaimi explained that the Department of Land and Real Estate Regulation aims to build a promising real estate future that supports economic growth in the Emirate of Ajman, enhances investor confidence, and provides them with an ideal investment environment and a modern, integrated lifestyle. Omar Bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation in Ajman, confirmed that the emirate's real estate market maintained its upward performance and positive figures according to the numbers and statistics shown by the Ajman Real Estate Index. He pointed out that 2024 witnessed the registration of 11,880 trading operations with a total value exceeding Dhs14.37 billion, reflecting a growth of 40 per cent compared to 2023. He clarified that the 'Al Jurf 1' area witnessed the highest sale value of Dhs300 million, while the highest mortgage value of Dhs155 million was recorded in the 'Al Amera' area.
