Dubai Announces AED 2.1 Trillion Infrastructure Investment Portfolio

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced a portfolio of nearly AED 2.1 trillion ($571.5 billion) in active projects. Speaking at the Mohammed bin Rashid Leadership Forum, he detailed investments across housing, transportation, aviation, infrastructure, and economic development designed to accommodate population growth.

The investment plan allocates $299.5 billion for real estate through 2030 and $89.3 billion to expand the fleets of Emirates and flydubai. A further $34.9 billion is dedicated to Al Maktoum International Airport, which aims to handle 260 million passengers annually over the next decade.

Additional funding targets the Dubai International Financial Centre, road upgrades, the Dubai Metro Blue and Gold lines, and power and water grid infrastructure. Sheikh Mohammed described the scale of the expansion as building a "city within a city."