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Tag: Dubai

  • Dubai Launches Flexi Rents Initiative for Monthly Rental Payments

    Dubai Launches Flexi Rents Initiative for Monthly Rental Payments

    The initiative focuses on introducing a flexi-rent model that broadens tenants’ options through a variety of payment plans, including monthly, quarterly and semi-annual installments. It is supported by incentives and value-added packages offered by participating entities, helping to enhance rental market stability, improve quality of life and provide housing solutions tailored to the needs of diverse segments of society.

    To support the initiative’s implementation, DLD signed cooperation agreements with Wasl Properties, Deyaar Property Management, Dubai World Real Estate, Modern Real Estate, Dubai Investment Real Estate, SBK Real Estate, Rocky Real Estate, SRG Properties, Harbor Real Estate, Driven Properties and Al Showaib Real Estate.

    The move reflects DLD’s commitment to providing more flexible rental solutions that respond to evolving market needs, further strengthening Dubai’s position as a leading global real estate destination that offers more efficient and sustainable housing models for various segments of society.

    Under the cooperation agreements, the Flexi Rent model will be applied to vacant or eligible rental units in Dubai owned or managed by the participating partners. This will be achieved by offering flexible payment options and providing rental incentives, discounts, or promotional packages for new tenants, in accordance with the partners’ approved policies and in compliance with the laws and regulations in force in the Emirate of Dubai.

    DLD will provide the regulatory and coordination framework necessary for the implementation of the initiative, including supplying partners with relevant guidelines, updates and requirements, supporting technical integration with approved systems and monitoring the initiative’s overall performance in coordination with participating entities.

    The department will also support the visibility of partners’ participation through its official channels, including the Dubai REST app, the department’s website and its various digital platforms, in accordance with approved procedures and regulations.

    Dubai Land Department affirmed that the Flexi Rent initiative is an extension of its ongoing efforts to develop innovative and adaptable real estate solutions that enhance the market’s ability to respond to changing dynamics while meeting the community’s evolving needs. The department noted that providing tenants with a range of payment options contributes to improving quality of life, strengthening the stability of the rental market, and supporting the development of a more sustainable and efficient real estate ecosystem.

    It further emphasized that collaboration with the private sector is a key pillar in accelerating the adoption of new operational models that create tangible value for customers.

    The initiative is closely aligned with the objectives of the Dubai Real Estate Strategy 2033, which aims to enhance the sector’s competitiveness and reinforce Dubai’s position as a leading global destination for investment and living through an advanced real estate ecosystem that places people and their quality of life at the heart of its priorities.

    With the launch of this initiative, DLD continues to advance its vision of building a resilient and sustainable real estate sector founded on innovation and meaningful partnerships, while delivering practical solutions that enhance quality of life and respond to evolving economic and social needs. The initiative represents a further step within the department’s integrated roadmap to develop a more future-ready and competitive real estate ecosystem, supporting the objectives of the Dubai Economic Agenda D33 and reinforcing the emirate’s position as a leading global destination for living, working and investment.

    The flexible payment structure comes as Dubai’s real estate market attracts $272 billion in projected investment over the next five years, driven by rapid population growth and foreign capital inflows. Meanwhile, neighboring Abu Dhabi froze all rent increases in early June to stabilize housing costs amid double-digit growth in some segments.

  • Dubai Launches Al Ras Walkway with 12km Pedestrian Network

    Dubai Launches Al Ras Walkway with 12km Pedestrian Network

    Dubai’s historic Al Ras district is set for a pedestrian-focused transformation under a new infrastructure initiative designed to improve walkability, heritage connectivity, and public transport integration.

    The Roads and Transport Authority (RTA) has awarded the contract for Phase I of the Dubai Walk Master Plan in Al Ras, marking the start of a comprehensive effort to reshape urban mobility in one of the city’s oldest neighborhoods.

    Key Features of Phase I

    The first phase will deliver 12km of dedicated walkways and 5km of cycling tracks, alongside the rehabilitation of 10 artistic spaces created in partnership with the Dubai Culture and Arts Authority, featuring work by Emirati and local artists.

    Mattar Al Tayer, director general and chairman of the Board of Executive Directors of the RTA, said the project supports Dubai’s wider goal of creating a “20-minute city” under the Dubai Urban Plan 2040, where more than 80 per cent of essential services are accessible within a 20-minute journey.

    “The plan enhances pedestrian safety, strengthens connections between districts, and integrates cultural and creative elements into walkways. It also gives young people a chance to contribute ideas to the design of these public spaces.”

    Connecting Heritage and Transport

    The walkway will link key landmarks including Al Ahmadiya School, Sheikh Saeed Al Maktoum House, Al Fahidi Fort, and the Al Shindagha Historic District, while connecting to 11 metro, bus, and marine stations to facilitate seamless public transport access.

    The design preserves the area’s historic character while upgrading the pedestrian experience through widened pavements, additional shading and seating, expanded green spaces, and improved wayfinding systems.

    Advanced lighting will highlight the district’s heritage, while interactive installations and artwork will enhance engagement along the route.

    Part of a Wider Vision

    Phase I forms part of the broader Dubai Walk Pedestrian Master Plan, which aims to create more than 6,000km of walkways across 160 areas by 2040, supported by 110 pedestrian bridges and underpasses.

    The initiative targets an increase in walking and soft mobility trips from 16 per cent in 2025 to 25 per cent by 2040, with planned infrastructure projects improving connections across key districts.

    The walkways will feature landscaping, misting systems, digital wayfinding, recreational and fitness equipment, rest areas, and commercial spaces, while maintaining barrier-free access throughout.

    The Al Ras Walkway represents a strategic step in Dubai’s urban evolution, integrating mobility, heritage preservation, and public art into a cohesive pedestrian network designed to serve residents and visitors across the city’s historic core.