Just Rentals Dubai blog

The red line on the Dubai Metro is almost complete, with 26 of the 29 stations now open.

The latest additions to open yesterday were: Jumeirah Lakes Towers, Nakheel, Business Bay, First Gulf Bank and Sharaf DG stations.

These new stations are estimated to serve an additional 20,000 passengers each day, bringing the total number of Dubai Metro passengers up to 150,000 per day, according to the Dubai Roads and Transport Authority (RTA).

The addition of the Jumeirah Lakes Towers and Business Bay stations are of particular significance to the Dubai property market as these two areas are hugely popular resdidential and commercial locations within Dubai. It has already been reported that Dubai properties located within close proximity to a metro station are already showing signs of holding their value better than other properties located further away from a station.

During peak operating hours an additional 22 new trains have been added to the red line to cope with the extra passengers who now have direct access to the metro.

The remaining three stations on the red line are Jebel Ali, Jebel Ali Industrial and Energy. These are located at the Jebel Ali end of the red line and are not scheduled to open this year as the surrounding areas have not been developed yet.

Just Rentals Dubai

While the rest of the world struggles to emerge out of one of the worst economic recessions since the 1930’s, Dubai continues to push full-steam ahead with is central infrastructure projects with the announcement this week that 5 more stations on the Dubai Metro red line are on track to open this October.

The Dubai Metro recently turned one year old on 9th September 2010 and is one of the Dubai government’s flagship infrastructure projects, linking old Dubai and the airport with many of the popular tourist and residential areas of “new Dubai”.

The 5 new stations to open next month include Jumeirah Lake Towers, Nakheel, Sharaj DG, First Gulf Bank and Business Bay.  Once opened the red line will be almost complete, with just 3 stations left to be opened.

The Dubai Metro is the world’s longest driverless metro system and one of the most ambitious metro projects ever undertaken. It is central to the Dubai government’s vision of truly turning Dubai into the most modern and advanced cities of the 21st century.

The metro already serves as a vital and affordable mode of transport for hundreds of thousands of Dubai residents and these 5 extra stations will further increase the number of commuters using the metro, especially those who have recently moved into the popular Business Bay Executive Heights and surrounding buildings.

Dubai Property for rent in Business Bay