The recent opening of Dubai’s Metro system confirms the Emirate’s status as a genuine cosmopolitan global city. Like all of the world’s most vibrant and dynamic metropolises, a motorised commuter program will enhance labour market flexibility, goods transportation and permit individuals to move close to the town with ease- especially due towards the excellent strategic positioning of metro stations. From Burj Dubai and Burj Al Arab to Emirates Tower and also the Dubai Marina, the program covers the main landmarks from the Dubai cityscape.
More substantially perhaps, the new commuter metro system will galvanise Dubai’s growing tourism sector, allowing visitors to conveniently move among the city’s most well-liked spots, whereas prior to, individuals would need to spend money on cabs. There are already 3.85 million hotel reservations for 2010, swelling Dubai’s visitor rates by more than 5% from 2008.
A single expert mentioned this week that although taxis in the emirate are not expensive, several journeys per day by this method can soon add up and therefore a more handy public transport facility was needed.
This will be of welcome news to the numerous British and Irish holidaymakers who are set to travel to Dubai over the next year. As such, many Dubai estate agents are gearing up for an unprecedented increase in interest in residential properties all through the Emirate. Already a mainstay of Western celebrities and sportspeople, the availability of luxury residences for a fraction of the cost in comparison to the exact same standard in Britain may be complemented by a surge of enhanced way of life facilities all over the emirate. Despite the recent economic turmoil, levels of Dubai expense have remained constant and have contributed to continued interest in developing Dubai into the region’s very first genuine metropolis.
For those individuals considering about home investments in Dubai, it ought to be noted that Dubai’s Landmark Advisory has suggested that proximity to a single from the new metro stations could possess a substantial effect on home value. A current study commissioned by them reports that 29% of individuals interviewed said that becoming near a metro station was the most essential thing when searching for homes.
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