In order to increase investment into Dubai, the Dubai Executive Council has made the decision to restructure the Dubai Land Department and the Dubai Municipality.
The new structure is expected to create economic opportunities worth AED 10 billion and raise the quality of services by 20%.
“Dubai Municipality is the oldest department in Dubai and its leaders have done well in the past. Now, we need to keep up with a new model for future cities,” HRH Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai wrote on Twitter.
“The secret to maintaining our competitiveness lies in our ability to keep pace with the changes.”
DUBAI EXECUTIVE COUNCIL RESOLUTIONS TO INCREASE QUALTY OF LIFE
In addition, the Dubai Executive Council passed resolutions to increase the quality of life of Emiratis and improve and rejuvenate several residential neighbourhoods and family businesses.
Dubai neighbourhoods; Khawaneej, Barsha and Al Mizhar will be the first to be developed.
Headed by HRH Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the council agreed on plans to drive city development by enhancing infrastructure.
“The Dubai Council aims to lead transformational projects in the emirate and our decisions today are big and important for the future. They bear good news for our citizens.”
DUBAI METAVERSE STRATEGY
Moving ahead with its technology ambitions, it was decided during the meeting that a committee would oversee all future technological developments in the emirate and look at preparing the Dubai Metaverse Strategy over the next two months, which is expected to enhance Dubai’s position as a global centre for new metaverse technology.
WANT MORE REAL ESTATE INSIGHT?
Subscribe to the Cityscape newsletter here
