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Dubai RTA offers retail outlets, commercial spaces for lease at metro stations of Route 2020

Article-Dubai RTA offers retail outlets, commercial spaces for lease at metro stations of Route 2020

DubaiMetroInside
Dubai’s Roads and Transport Authority, RTA, is offering investment opportunities for renting retail outlets at the metro stations of Route 2020

WAM - The Dubai RTA will offer 40 investment opportunities for renting retail outlets at Jebel Ali, The Gardens, Discovery Gardens, Al Furjan, Jumeirah Golf Estates, Dubai Investment Park and Expo 2020 stations

Investors across all the UAE will have the opportunity to benefit from this new business prospect generated by the 15-km Route 2020, which serves densely populated areas inhabited by more than 270,000 individuals.

“These stations offer 40 retail outlets spanning an area of 15,860 square feet in addition to 5 sales kiosks. Metro stations of Route 2020 offer a brilliant investment opportunity for entrepreneurs as they are considered high-attraction spots for shoppers and tourists on the move,” said Abdul Mohsen Ibrahim Younes, CEO of Rail Agency, RTA.

According to RTA’s studies, the number of Route 2020 is projected to be used by 125,000 riders per day in 2021 and shoot to about 275,000 riders per day by 2030. Studies also revealed that Expo Station is expected to witness 35,000 visitors per day during weekdays, and 47,000 visitors per day during weekends. This number accounts for about 29 percent of the total expected daily visitors of Expo.

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