• Beaches will be extended by 400 per cent and 60 per cent of Dubai will be nature reserves under the 2040 plan. Courtesy: Sheikh Mohammed bin Rashid Twitter
    Beaches will be extended by 400 per cent and 60 per cent of Dubai will be nature reserves under the 2040 plan. Courtesy: Sheikh Mohammed bin Rashid Twitter
  • Beaches will be extended by 400 per cent and 60 per cent of Dubai will be nature reserves under the 2040 plan. Courtesy: Sheikh Mohammed bin Rashid Twitter
    Beaches will be extended by 400 per cent and 60 per cent of Dubai will be nature reserves under the 2040 plan. Courtesy: Sheikh Mohammed bin Rashid Twitter
  • Historical images of Sheikh Mohammed bin Rashid and Sheikh Rashid, former Ruler of Dubai, at the presentation of the Dubai 2040 plan. Courtesy: Dubai Media Office
    Historical images of Sheikh Mohammed bin Rashid and Sheikh Rashid, former Ruler of Dubai, at the presentation of the Dubai 2040 plan. Courtesy: Dubai Media Office
  • The Dubai Urban Master Plan 2040, signed by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Dubai Media Office
    The Dubai Urban Master Plan 2040, signed by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Dubai Media Office
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, at an exhibition of the Dubai 2040 plan. Courtesy: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, at an exhibition of the Dubai 2040 plan. Courtesy: Dubai Media Office
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, signs the Dubai Urban Master Plan 2040. Courtesy: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, signs the Dubai Urban Master Plan 2040. Courtesy: Dubai Media Office
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, launches the Dubai 2040 Urban Master Plan. Wam
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, launches the Dubai 2040 Urban Master Plan. Wam
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, at an exhibition of the Dubai 2040 plan. Courtesy: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, at an exhibition of the Dubai 2040 plan. Courtesy: Dubai Media Office
  • Sixty per cent of Dubai will be covered in nature reserves, under the 2040 plan unveiled by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Sheikh Mohammed bin Rashid Twitter
    Sixty per cent of Dubai will be covered in nature reserves, under the 2040 plan unveiled by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Sheikh Mohammed bin Rashid Twitter
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, launch the Dubai 2040 Urban Master Plan. Wam
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, launch the Dubai 2040 Urban Master Plan. Wam
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, launches the Dubai 2040 Urban Master Plan. Wam
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, launches the Dubai 2040 Urban Master Plan. Wam
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, launch the Dubai 2040 Urban Master Plan. Wam
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, launch the Dubai 2040 Urban Master Plan. Wam
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, launched the Dubai 2040 plan with a move to overhaul the emirate's landscape. Courtesy: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, launched the Dubai 2040 plan with a move to overhaul the emirate's landscape. Courtesy: Dubai Media Office
  • The Dubai Urban Master Plan 2040, signed by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Dubai Media Office
    The Dubai Urban Master Plan 2040, signed by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Dubai Media Office
  • Since 1960, Dubai has implemented seven urban plans to keep up with the emirate's growing population. Courtesy: Dubai Media Office
    Since 1960, Dubai has implemented seven urban plans to keep up with the emirate's growing population. Courtesy: Dubai Media Office
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, unveils the 2040 plan to overhaul the city's urban landscape. Courtesy: Sheikh Mohammed bin Rashid Twitter
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, unveils the 2040 plan to overhaul the city's urban landscape. Courtesy: Sheikh Mohammed bin Rashid Twitter
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, unveils the 2040 plan to overhaul the city's urban landscape. Courtesy: Sheikh Mohammed bin Rashid Twitter
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, unveils the 2040 plan to overhaul the city's urban landscape. Courtesy: Sheikh Mohammed bin Rashid Twitter
  • Since 1960, Dubai has brought in eight urban plans to keep up with the emirate's growing population. Courtesy: Dubai Media Office
    Since 1960, Dubai has brought in eight urban plans to keep up with the emirate's growing population. Courtesy: Dubai Media Office

Dubai to be 60% nature reserves as Sheikh Mohammed bin Rashid unveils 2040 urban plan


  • English
  • Arabic

Latest: Everything you need to know about Dubai 2040 Urban Master Plan

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, set forward a plan to overhaul the emirate's urban landscape, dramatically increasing community, economic and recreational areas, as well as nature reserves, by 2040.

The goal, he said on Saturday during the launch of the plan, was for Dubai to become the best city to live in for the estimated 5.8 million expected to reside there in 20 years.

Areas for economic and recreational activities will grow by one and a half times, and the length of beaches will increase by 400 per cent over the next 20 years, Sheikh Mohammed said on Twitter, sharing renderings of the proposed plans.

Part of those plans include vast swathes of green areas in the city, with 60 per cent of Dubai to be dedicated to nature reserves.

The emirate will be split into five main urban areas, focusing the main draws of the city to specific zones: Deira / Bur Dubai (city's historical essence), Downtown / Business Bay (global financial hub), Dubai Marina / JBR (tourism and entertainment), Expo 2020 (international gate for exhibitions and events), and Dubai Silicon Oasis (knowledge and innovation centre).

The "people-led" development aims to increase a sense of community across the emirate, designating integrated service centres in each area and improving interconnectivity by ensuring 55 per cent of the population will live within 800 metres of a main public transport station.

Spaces designated for educational and health facilities will increase by 25 per cent and areas for hotels and tourism will rise by 134 per cent.

Images of the master plan showed an area allocated for the emirate's third airport, just outside Dubai Silicon Oasis.

"The goal of the new Dubai urban plan is to plan life in [the city] over the next 20 years," Sheikh Mohammed said.

The Dubai Urban Master Plan 2040, signed by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Dubai Media Office
The Dubai Urban Master Plan 2040, signed by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Dubai Media Office

He said the plan would provide "the best and finest" quality of living for the population.

"And to prepare for the upcoming major demographic and economic developments in Dubai. We ask God to help everyone to serve the country and the people," he said.

Along with the physical plan, an Urban Planning Law was issued to support sustainable development and improvement in the emirate.

Dubai 2040 is the seventh urban plan to be brought into the emirate since 1960, 11 years before the unification of the UAE. Between then and today, the city's population has grown from 40,000 to 3.3 million.

The urban and developed areas of the emirate increased from 3.2 square kilometres to 1,490 sq km.

Under the plan, old districts will be revitalised and designated as Emirati housing.

Hatta, an area of Dubai in the eastern part of the country, is also included in Dubai 2040, with plans for a sustainable hydro-electric power plant and increasing tourism and agriculture contribution to the region's GDP by 32 per cent.

At least 78 per cent Hatta will be designated as conservation reserves, as the population is expected to double by 2040.

The plan was initially announced in October last year, with Sheikh Mohammed saying Dubai would create a dozen new beaches and 8 million square metres of green spaces at a cost of more than Dh2.5 billion ($680 million)

The 29 projects include more spaces for swimming, better running paths and longer cycling lanes

“We also approved the development of 12 kilometres of Dubai's beaches, that cover 1 million square meters, from Mamzar Beach to Umm Suqeim II,” Sheikh Mohammed said at the time.

The beach projects were being developed at a cost of Dh500m.

The project aims to revitalise the beachfront and increase swimming areas, reported state news agency Wam.

Dedicated areas for water activities and jogging and cycling tracks will be provided as part of the overall plan to promote a fitness culture and healthy lifestyle among the city’s residents.

Proposed projects under the 2040 Dubai plan

  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, reviews plans for a beach-side development. Courtesy: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, reviews plans for a beach-side development. Courtesy: Dubai Media Office
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, reviews plans for a beach-side development. Courtesy: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, reviews plans for a beach-side development. Courtesy: Dubai Media Office
  • One of 29 projects, announced by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, on Saturday, that aim to increase the emirate's green spaces and improve quality of living. Courtesy: Dubai Media Office
    One of 29 projects, announced by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, on Saturday, that aim to increase the emirate's green spaces and improve quality of living. Courtesy: Dubai Media Office
  • A sea-side development is one of 29 projects announced by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, on Saturday. Courtesy: Dubai Media Office
    A sea-side development is one of 29 projects announced by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, on Saturday. Courtesy: Dubai Media Office
  • A development planned for a 12-kilometre stretch of beach in Dubai. Courtesy: Dubai Media Office
    A development planned for a 12-kilometre stretch of beach in Dubai. Courtesy: Dubai Media Office
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, is shown a presentation of 29 new projects that aim to improve the quality of living in the emirate. Courtesy: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, is shown a presentation of 29 new projects that aim to improve the quality of living in the emirate. Courtesy: Dubai Media Office

Russia's Muslim Heartlands

Dominic Rubin, Oxford

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
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  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
The biog

Most memorable achievement: Leading my first city-wide charity campaign in Toronto holds a special place in my heart. It was for Amnesty International’s Stop Violence Against Women program and showed me the power of how communities can come together in the smallest ways to have such wide impact.

Favourite film: Childhood favourite would be Disney’s Jungle Book and classic favourite Gone With The Wind.

Favourite book: To Kill A Mockingbird for a timeless story on justice and courage and Harry Potters for my love of all things magical.

Favourite quote: “We make a living by what we get, but we make a life by what we give.” — Winston Churchill

Favourite food: Dim sum

Favourite place to travel to: Anywhere with natural beauty, wildlife and awe-inspiring sunsets.

SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.5-litre%204-cylinder%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20101hp%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20135Nm%3Cbr%3E%3Cstrong%3ETransmission%3C%2Fstrong%3E%3A%20Six-speed%20auto%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh79%2C900%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Charlotte Gainsbourg

Rest

(Because Music)

The specs

Engine: 3.8-litre, twin-turbo V8

Transmission: eight-speed automatic

Power: 582bhp

Torque: 730Nm

Price: Dh649,000

On sale: now  

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million