Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, made the announcement on Saturday under the Dubai 2040 Urban Master Plan that maps out a comprehensive future map for sustainable urban development in the city.
Aligned with the UAE’s vision for the next 50 years, the Plan is focused on enhancing people’s happiness and quality of life.
The people-centric Plan focuses on reinforcing Dubai’s competitiveness as a global destination by providing a wide diversity of lifestyle and investment opportunities for citizens, residents and visitors over the next 20 years.
Designed to realize the president's vision to make Dubai the city with the world’s best quality of life, the plan aims to provide the highest standards of urban infrastructure and facilities.
Sheikh Mohammed bin Rashid Al Maktoum said the visionary development journey started by the late Sheikh Rashid bin Saeed Al Maktoum in the sixties continues to guide Dubai’s evolution into a city that promotes the greatest human values and possibilities and an environment where people from around the world can thrive.
"Our strategic development plans are focused on creating the best possible environment and infrastructure to enhance the community’s happiness and wellbeing and support the fulfilment of the greatest human aspirations for both our citizens and people from around the world. Drawing inspiration from global best practices and adapting them to local needs and requirements, we have created a development model that offers the best possible quality of life and creates the conditions for sustainable prosperity," he said.
"Our goal is to create a truly inclusive environment that not only meets the needs of Dubai’s diverse population, but also inspires them to tap into their creative and innovative capacities and realize their true potential," he added.
"By constantly striving to raise benchmarks and implementing diligent strategic planning, we have joined the ranks of the world’s leaders in various spheres and sectors. With a clear vision and a deep understanding of what it takes to succeed in an evolving global environment, we continue to work to shape an even greater future rich with opportunities," Sheikh Mohammed noted.
The new Master Plan is the seventh such plan developed for the emirate since 1960. Between 1960 and 2020, the population of Dubai has multiplied 80 times from 40,000 in 1960 to 3.3 million by the end of 2020 and increased in cultural diversity to include people from over 200 nationalities, state news agency WAM reported.
The urban and built area of the emirate increased 170-fold from 3.2 square km in the same period.
The new Master Plan also seeks to provide sustainable and flexible means of mobility as well a foster greater economic activity and attract foreign investments to new sectors.
Other objectives include enhancing environmental sustainability, safeguarding the emirate’s cultural and urban heritage and developing a comprehensive legislation and planning governance model.