Infrastructure

Dubai Targets AED 20bn Property Value Gain in Urban Plan

Dubai's Executive Council, chaired by Sheikh Hamdan bin Mohammed, approved the Urban Centres Development Plan, backed by investment of more than AED 2 billion ($544.6 million) and aimed at lifting property values in target districts by AED 20 billion ($5.45 billion). The figures are official targets, and the districts and timeline have not been disclosed, so buyers cannot yet map the plan to specific locations.