His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the second phase of the Dubai 2040 Urban Master Plan. Phase II of the plan 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. His Highness also reviewed the progress of 17 projects and initiatives that were part of the initial phase of the Dubai 2040 Urban Master Plan.
His Highness Sheikh Mohammed bin Rashid 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.” The plan also prescribes a comprehensive strategy for Dubai’s real estate sector up to 2040 to align it with the requirements of the Master Plan 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 required to ensure food security. Phase II 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 master plan also calls for developing a 20-minute city where residents can reach their destinations within a 20-minute timeframe on foot or by bicycle. The project involves developing integrated service centres with all the necessary facilities and increasing the population density around mass transit stations, allowing residents access to 80% of their daily needs and destinations within 20 minutes. Phase II of the master plan involves developing an avenue for all residential neighbourhoods. It entails defining an area within the residential neighbourhoods and developing it under the principle of integrated street network where facilities and services are focused on catering to the residents’ needs. This initiative enhances well-being, supports soft mobility and reduces travel time within Dubai.