What is the significance of the 250 million passenger capacity target for Al Maktoum Airport

The long term target of 250 million passengers for Al Maktoum Airport represents the final vision of Dubai to become the center of global aviation. While this is a long term goal beyond 2032 it signals the government's unwavering commitment to the a…

The full explanation

The long term target of 250 million passengers for Al Maktoum Airport represents the final vision of Dubai to become the center of global aviation. While this is a long term goal beyond 2032 it signals the government's unwavering commitment to the area. For real estate investors this provides a 20 year growth horizon where infrastructure spending and economic activity will continue to increase ensuring that property values in the surrounding residential districts will not stagnate.

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