The first phase of a comprehensive road development scheme has been completed at Dubai International City, easing access to an area that suffers from rush hour congestion.
The AED 400mn project is led by Dubai’s Roads & Transport Authority (RTA) with Nakheel, the area’s master developer, contributing AED 201mn.
According to Nakheel, new roads will improve traffic flow, reduce journey times and boost safety.
The scheme includes road widening, new interchanges and signalised junctions in and around Dragon City, International City and Warsan Village, where more than 110,000 people live and around 200,000 visit each day.
“This project is essential to the overall, long term master plan at International City, bringing major benefits to existing residents, business owners and visitors in the short term, and paving the way for the future growth of the area,” said Nakheel Chairman, Ali Rashid Lootah.
Traffic studies by Nakheel show that more than 182,000 vehicles currently move in and out of the area every day – a figure which is set to grow as expansions at International City and Dragon Mart continue.
Nakheel is also exploring further traffic enhancement schemes – such as increased parking – within International City.
The area has recently suffered sharp declines in rental values as renters seek out better deals in more sought after areas.
According to Chestertons’ Q2 Observer report, rents in International City fell 7% quarter on quarter in Q2.
Improving access and increasing parking space could be one way of making the area more attractive to renters.