Dubai’s newly announced Metro Gold Line is expected to drive property price and rent appreciation of up to 30 per cent in communities along its route, according to leading developers and real estate executives.
Industry leaders said homes located near stations could command premiums of 10 to 25 per cent, while rental rates may rise by 15 to 30 per cent as connectivity improves across key districts.
Rizwan Sajan, founder and chairman of Danube Properties, said the Gold Line marks another milestone in Dubai’s long-term urban development strategy.
“This transformative development is set to significantly elevate the real estate sector by boosting demand, enhancing property values, and accelerating growth along the corridor,” he said.
Sajan noted that historically, properties located within a 10-15 minute walk of metro stations have commanded premiums of 10 to 25 per cent, and sometimes higher.