RTA Signs AED6 Billion Agreement with Dubai Holding to Enhance Access to Key Developments Across the Emirate
The agreement covers Jumeirah Village Circle, Dubai Production City, Business Bay, Palm Jumeirah, and International City (Phase 3).
Key Highlights
- Ahmed bin Saeed: Dubai Holding reaffirms its commitment to developing world-class communities and infrastructure that enhance connectivity and mobility.
- Mattar Al Tayer: The agreement will expand internal roads and access points, reducing travel time by 30% to 70%.
- Amit Kaushal: Dubai Holding is dedicated to delivering integrated, future-ready developments that cater to evolving businesses and community needs.
Background
In line with the leadership’s directives to enhance Dubai’s road and transport network, support urban expansion, and improve mobility, His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Holding, witnessed the signing of a contribution and traffic solutions implementation agreement worth AED6 billion between Dubai’s Roads and Transport Authority (RTA) and Dubai Holding, a diversified global investment company and leader in large-scale development projects.
This agreement contributes to enhancing infrastructure across key development communities and projects throughout the emirate, including:
- Dubai Islands
- Jumeirah Village Triangle
- Palm Gateway
- Al Furjan
- Jumeirah Park
- Arjan
- Majan
- Liwan (Phase 1)
- Nad Al Hamar
- Villanova
- Serena
As part of the agreement, bridges and roads will be developed to improve access points for the following key Dubai Holding developments:
- Jumeirah Village Circle
- Dubai Production City
- Business Bay
- Palm Jumeirah
- International City (Phase 3)
Developments and Enhancements
His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, was present as the agreement was signed by:
- His Excellency Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of RTA
- Amit Kaushal, Group Chief Executive Officer of Dubai Holding
As per the agreement:
- Four additional access points will be developed for Jumeirah Village Circle, featuring grade-separated interchanges designed to double the capacity of the area’s entry and exit points, projected to reduce travel time by 70%.
- New bridges will be constructed to improve access to Dubai Production City from Sheikh Mohammed bin Zayed Road, enhancing traffic flow by 50%.
- Surface improvements and a new pedestrian bridge at Business Bay will enhance safety and optimize traffic flow.
- Additional acceleration and deceleration lanes along Palm Jumeirah will reduce travel time by 40%.
- Expansion of the road marking the entrance into International City (Phase 3) will streamline traffic flow and enhance safety.
Strategic Partnership
His Highness Sheikh Ahmed bin Saeed Al Maktoum stated:
“This strategic partnership with RTA reflects our shared vision of a city that is not only innovative but also seamlessly accessible. Through projects like these, Dubai Holding reaffirms its commitment to shaping the future of the emirate by developing world-class communities and infrastructure that enhance connectivity, mobility, and quality of life for all who call Dubai home.”
Future Vision
His Excellency Mattar Al Tayer expressed pleasure in signing the agreement, emphasizing the importance of reducing travel times and increasing safety for all users.
“RTA remains dedicated to fostering strategic partnerships with real estate developers to ensure the road infrastructure in development areas can effectively accommodate traffic demand, enhancing seamless mobility for residents and visitors.”
Amit Kaushal concluded:
“This agreement underscores our support for RTA and its efforts to enhance connectivity and accessibility across the city. These road enhancements will elevate the overall experience of our communities, reinforcing Dubai Holding’s commitment to shaping a more connected and sustainable Dubai for the good of tomorrow.”
