Dubai: Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense, has unveiled an ambitious ‘Action Plan’ for Dubai aimed at transforming its education, real estate, and transport sectors while preserving its rich heritage over the next decade.
The Executive Council of Dubai, chaired by Sheikh Hamdan, approved these initiatives as part of the broader Dubai Plan 2033 and Dubai Social Agenda 33, both designed to position the emirate as a global hub for living, learning, and investment.
Investing in education
Sheikh Hamdan emphasized that the Education Strategy 2033 is designed to equip both students and teachers with the necessary tools to enhance educational standards and cultivate the nation’s future leaders. This initiative aims to foster an environment conducive to learning and development, aligning educational practices with the UAE’s national goals.
Sheikh Hamdan said that, “Today, we approved the Education Strategy 2033 under the Dubai Social Agenda 33, targeting a significant shift in our education system, under the guidance of Sheikh Mohammed bin Rashid, (Vice President and Ruler of Dubai). Dubai has developed a unique, pioneering global model, and we are now building a more advanced education system in line with this model.
Sheikh Hamdan also added that, “This strategy is an investment in Dubai’s future, empowering the next generation with essential skills. We have directed the Knowledge and Human Development Authority to place students at the heart of the new system to equip them with skills to lead and shape the future.”
Real estate strategy
The Real Estate Strategy 2033 aims to significantly elevate Dubai’s real estate sector, targeting an increase in transactions to Dh1 trillion ($227.2 billion) by 2033. This strategy is also focused on doubling the sector’s contribution to economic diversification and enhancing Emirati competitiveness by promoting home ownership, which is intended to foster family stability.
Sheikh Hamdan stated that, “The strategy also boosts Emirati competitiveness and promotes home ownership to enhance family stability.”
It will also aim to boost real estate transactions by 70% and multiply the value of Dubai’s real estate portfolios by 20 times, reaching Dh20 billion ($5mn). Moreover, the strategy is projected to contribute Dh73 billion ($19mn) to the emirate’s GDP, facilitating further investment and reinforcing Dubai’s position as a global economic hub.
Dubai Cashless Strategy
The recently announced Dubai Cashless Strategy aims to position the emirate among the top five cashless cities in the world by 2033.
Dubai Media Office said that, “The strategy will increase digital transactions across all sectors, contributing AED8 billion ($27mn) to the economy and ensuring that 100% of businesses in Dubai accept digital payments.”
Suspended Transport Systems
The Suspended Transport Systems Project is a key component of Dubai’s Smart Mobility Strategy, aiming to automate 25% of all trips in the emirate by 2030. This initiative involves the development of a new 65km transport system that will connect significant areas, including Umm Suqeim Street, Al Khor, and Zabeel.
Dubai Media Office added that, “The new scheme will help increase the share of public transport journeys in Dubai to 26 per cent of all trips by 2030. In addition, it will be integrated with other modes of transportation to help people move around the emirate efficiently and sustainably.”
Dubai National Archives
Simultaneously, the Dubai National Archives Project, managed by the Mohammed bin Rashid Library, aims to document and preserve Dubai’s rich history and cultural heritage. This project will involve archiving government records, achievements, and significant cultural milestones, ensuring that the story of Dubai is preserved for future generations.
These comprehensive strategies underscore Dubai’s commitment to sustainable growth and enhancing the quality of life for its residents.