Business Growth and Demand for Homes
January 9, 2026
The opening of the metro's Green Line completes the first phase of the network. How new transport and roads are changing the value of different areas.
Chief Economist
PhD from London School of Economics. David's macroeconomic forecasts have guided institutional investors through three market cycles in the Gulf region.
The opening of the Dubai Metro Green Line in September connects older districts such as Deira, Bur Dubai and Al Karama with the Red Line, completing the first phase of the network. Together with new roads, bridges and other public projects completed in recent years, the city's infrastructure has advanced significantly despite the crisis.
Properties within walking distance of metro stations can benefit from improved access, particularly for tenants who commute. Older districts connected by the Green Line may attract renewed interest from tenants seeking affordable homes with good transport.
Deira, Bur Dubai, Al Karama and Oud Metha now have direct metro access to business districts. Apartments in these areas offer lower rents with convenient connections.
Infrastructure supports value over many years. As the network extends and more residents rely on public transport, location near stations is likely to become more important.
Investors should consider the actual walking distance to stations, the quality of the building and the rental demand in the area, rather than assuming proximity alone guarantees value.
The Green Line brings fresh attention to districts such as Al Karama, Oud Metha, Al Qusais and the areas around Deira's commercial centres. These neighbourhoods have long offered lower rents, local shops and a strong sense of community, but traffic made commuting to the newer business districts slow. With metro access, tenants who work in DIFC, the Trade Centre area or along Sheikh Zayed Road can consider them as practical alternatives. Many buildings in these areas are older and vary in condition, so investors should inspect carefully and budget for maintenance. Title rules also differ, since many older districts are not freehold areas for foreign buyers. Understanding ownership rules is the first step before considering an investment there.
The completion of the metro's first phase is a milestone for Dubai. It strengthens the case for well-located apartments in connected areas and supports the city's long-term growth.