Project FinanceData
Dubai Metro Blue and Gold Line projects carry AED 55bn cost estimate
Network will extend to 162 kilometres by 2032 as RTA advances station location studies.
RTA advances two Metro projects with AED 55bn combined cost#
Two Dubai Metro projects carry a combined cost estimate of approximately AED 55 billion, according to Mattar Al Tayer, director general and chairman of the Board of Executive Directors of the Roads and Transport Authority. The Blue Line and Gold Line will add 72 kilometres to the existing 90 kilometre network, bringing total length to 162 kilometres by 2032. This represents an 80 per cent increase in network size. Al Tayer stated that studies on future lines and stations are in progress, with the Gold Line tender scheduled for release before year end.
Blue Line delivery targeted for 2029, Gold Line for 2032#
The 30 kilometre Blue Line has a completion target of 2029. The 42 kilometre Gold Line has a 2032 completion target. Al Tayer said both projects follow fixed plans and timelines, with delivery to international standards. Emirati engineers and experts are overseeing the work alongside international specialists, bringing combined experience that Al Tayer quantified as exceeding 2,500 years. The comments were made at a press conference for the inaugural RailX Dubai Conference and Exhibition.
Station location studies reference 15 to 30 per cent land value uplift#
Multiple studies are required before the RTA determines new Metro station locations, Al Tayer said. Land values surrounding future stations could rise by 15 to 30 per cent, he stated. The RTA noted that property prices around a Metro station may also be affected by land value increases, though impact varies by location and property type. Al Tayer said the RTA is implementing the Blue Line project while preparing the Gold Line tender.
System has transported nearly three billion passengers since launch#
The Dubai Metro system accounts for 40 per cent of public transport journeys in the emirate. Since commencing operations on 9 September 2009, the network has transported nearly three billion passengers. Al Tayer said rail networks connect communities and markets, supporting economic growth while improving sustainability and easing daily travel for residents and visitors.
Sources1 source across 1 domain
- khaleejtimes.comKhaleej TimesAED 55 billion combined cost estimate, Blue Line 30km completion 2029, Gold Line 42km completion 2032, network expansion from 90km to 162km, station studies underway, 15 to 30 per cent land value increase estimate, 40 per cent public transport share, nearly three billion passengers since 9 September
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