Dubai, UAE: A 2020 masterplan for the city of Dubai has been approved by the Executive Council. It demarcates usage of land in the emirate, according to Director-General of Dubai Municipality Hussain Nasser Lootah. “It is a masterplan for the city of Dubai. We have to know what we are going to do and what is our requirement for these lands and how we need to develop it,” Lootah said.
The new masterplan will define the land usage, which means that no one can build residential hi-rises on land that has been allocated for some other use. “This masterplan has taken all the aspects – residential, industrial, commercial, schools, hospital and even infrastructure – into consideration. We have taken it to the Executive Council and they approved it. We are leading the project and are cooperation and coordinating with government organisations and private developers,” Lootah added.
Lootah stressed that Dubai was not just a real estate city and it was not right for people to concentrate only on real estate.