Dubai Holding Asset Management confirms enhancements serving 100,000+ residents to support Dubai 2040 Urban Master Plan

Dubai Holding Asset Management confirms enhancements serving 100,000+ residents to support Dubai 2040 Urban Master Plan

- Enhancement projects include the development of electric vehicle charging stations in Ghoroob and landscaping, security and infrastructure updates across other Dubai neighbourhoods

- The projects aim to ensure residential communities reflect the mandate of Dubai 2040 to elevate urban sustainability and resident happiness

Dubai, UAE: Amid swelling population growth – which is forecast to cross 5.8 million by 2040 – and evolving consumer expectations for homes, Dubai Holding Asset Management, a key contributor to the growth and development of the business and tourism sectors in the UAE, has announced community enhancement projects across its portfolio of 15 residential assets over the course of 2023.

Robust cross-sector activity, economic resilience, and unparalleled quality of life are making Dubai an increasingly attractive city to call home, reflected in a population surge of nearly 100,000 between July 2022 and July 2023 and demand across Dubai’s property market.

Dubai Holding Asset Management’s planned enhancements include the development of EV charging stations and new sports courts, and aim to ensure the Group’s residential communities advance the Dubai 2040 Urban Master Plan’s goals to provide sustainable urban development and enhanced standards of living to the city’s residents.

Ahmed Al Suwaidi, Managing Director of Residential Communities – Dubai Holding Asset Management,