Metro extension to benefit property investors

Eudore R. Chand

DUBAI 12 January 2021: Tens of thousands of investors and residents will benefit from the opening of four new Dubai Metro stations from 1st January, 2021, said master developer.

Stations at Jebel Ali, The Gardens, Discovery Gardens and Al Furjan were up and running on New Year’s Day as part of the RTA’s Route 2020 Metro extension, enhancing the communities, bringing more convenience to residents and visitors.

Nakheel’s Al Furjan, Discovery Gardens and The Gardens communities collectively span nearly 1,000 hectares and are home to almost 95,000 people.

“Our congratulations to the RTA on the opening of this part of the Route 2020 extension. The new stations will be a much-welcomed start to the New Year for third party developers, property owners, residents, retailers and business at these communities,” said Aqil Kazim, Nakheel Chief Commercial Officer.

He added, “Research shows that properties within walking distance of a Metro station command higher sales and rental rates, and show more resilience compared to those in other areas.”

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Dubai Gazette