Dubai:H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, has approved significant public projects worth over AED11 billion. This includes a plan to enhance community services and facilities through 2040 with a budget of AED9.59 billion, and the extension of the Dubai Metro to Al Maktoum International Airport City with a budget of AED2 billion.

According to Wam, the Executive Council also approved findings from a study concerning the future of Dubai's real estate market and investment policies regarding endowments and minors' funds. H.H. Sheikh Hamdan emphasized the importance of future-ready infrastructure and community services, aligning with Dubai's Economic Agenda and Social Agenda 33.

The Dubai Metro extension project involves a 3-kilometre route connecting Route 2020 to the Al Maktoum International Airport City, featuring two new stations. The project is a collaboration between Dubai's Roads and Transport Authority and the Dubai Engineering Projects Establishment and is scheduled to begin services in 2031.

H.H. Sheikh Hamdan highlighted Dubai's strong and resilient real estate sector, supported by diverse investment opportunities. The study conducted by the Dubai Land Department projects significant growth in residential units and office space by 2030, contributing to the Dubai Real Estate Sector Strategy 2033.

The investment policy by Awqaf Dubai aims to safeguard and enhance endowment assets and minors' funds, targeting significant increases in real estate and securities portfolios by 2030, in line with Sharia principles and Dubai's strategic plans.