Etihad Rail set to accelerate growth in UAE's property market

• Etihad Rail to connect all seven emirates and carry 60 million tonnes of freight and 36.5 million passengers by the year 2030.
• Once operational, the project will benefit property markets across the emirate.
• The project will limit the commute time between Dubai and Fujairah to Abu Dhabi and Fujairah to 50 and 100 minutes, respectively.
• The first stage of the project is already operational and connecting the gas fields at Shah and Habshan to Ruwais.

The Etihad Rail will pass through some of the notable communities in Dubai, such as Arabian Ranches 2, DAMAC Hills, Town Square, Al Furjan, Green Community, Arabella, Mudon, Reem, etc. The impact will not only be limited to these areas, but communities located close to them will also benefit from this mega project, as they will witness an increase in property prices.

The 1200-kilometre-long project will play a pivotal role in bridging the gap between the seven emirates, making commutation easy for UAE residents

"Being raised in Dubai and living in a rented property all my life, the relief I have now is that the only payment I make is towards my own home and the only regret I have is not investing sooner." - A Common Resident in UAE.

Source: https://www.zawya.com/en/press-release/companies-news/etihad-rail-set-to-accelerate-growth-in-uaes-property-market-v3zm0ijb