Dubai Traffic Improvement RTA Announces $163 Million Road Development

Dubai Roads and Transport Authority

TOP NEWS

Dubai Waterfront vs City View Properties: Which Offers a Better Investment Opportunity?
Dubai Waterfront vs City View Properties: Which Offers a Better Investment Opportunity?
RAK Properties Launches Final Phase of Quattro Del Mar in Ras Al Khaimah
RAK Properties Launches Final Phase of Quattro Del Mar in Ras Al Khaimah

Dubai, a beacon of innovation and modernity continues to set new benchmarks in urban development. At One Investments, we have consistently recognised the extraordinary potential of Dubai, not only in the realm of real estate but across other sectors, particularly infrastructure. 

 

The recent unveiling of the Oud Metha and Al Asayel Streets Development Project by the Roads and Transport Authority exemplifies Dubai’s commitment to modernisation, with a substantial investment of AED 600 million. This initiative, integral to the broader Sheikh Rashid Corridor Development Project, aims to enhance connectivity across key areas such as Zabeel, Al Jaddaf, Oud Metha, Umm Hurair, Latifa Hospital, and Al Wasl Club.

 

This project will transform the way traffic moves, improving the capacity on Oud Metha Street from 10,400 to 15,600 vehicles per hour. The time spent travelling will also be reduced from 20 minutes to 5 minutes which is a remarkable improvement. The construction provisions will also provide for the building of 4 new critical intersections which will have new bridges and new lanes assuring efficient movement in the city.

 

The economic ramifications of such infrastructure improvements are profound. Enhanced connectivity not only stimulates local commerce but also elevates the attractiveness of Dubai properties for both local and international investors. 

 

As the city continues to evolve into a global hub for business and innovation, the enhancement of its road networks is essential for sustaining its dynamic growth.

 

With One Investments securing property in Dubai is easy and every investment is made in a way that guarantees the highest possible security and transparency.

TOP NEWS

Dubai Waterfront vs City View Properties: Which Offers a Better Investment Opportunity?
Dubai Waterfront vs City View Properties: Which Offers a Better Investment Opportunity?
RAK Properties Launches Final Phase of Quattro Del Mar in Ras Al Khaimah
RAK Properties Launches Final Phase of Quattro Del Mar in Ras Al Khaimah

Copyright 2024 - One Investments

CONTACT

For further information, contact