Al Meydan Street: AED 1.161bn by 2028
GDMO 30 Aug: RTA awards AED 1.161bn for Al Meydan Street — 17km of roads, 3.7km of bridges, end-2028. A corridor signal for Dubai Hills and Nad Al Sheba.
Dubai’s Roads and Transport Authority (RTA) has awarded two contracts for the Al Meydan Street Development Project at a total cost of AED 1.161 billion.
The primary is the Government of Dubai Media Office release dated 30 August 2026. RTA is Dubai’s roads and transport authority. This paper reads that release. It is a place and mobility signal for the corridor — not a DLD transaction table, and not a yield.
What GDMO prints
Al Meydan Street is described as one of Dubai’s key strategic corridors, running parallel to and supporting Sheikh Mohammed bin Zayed Road and Al Khail Road. The project includes 3,700 metres of bridges and 17 kilometres of roads, plus cycling tracks that connect into the existing cycling network.
It will serve residential and development areas with a combined population of more than 500,000, and it is scheduled for completion by the end of 2028.
His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors at RTA, is quoted saying the project will raise the capacity of north–south traffic corridors by 18% and cut travel time from Al Manama Street and Dubai–Al Ain Road to Umm Suqeim Street from 30 minutes to 10 minutes — a 66% improvement. Those percentages and minutes are RTA’s, as printed by GDMO. They are not a Kyora estimate.
Two contracts, one corridor
Works are split into two contracts to accelerate delivery while keeping the corridor integrated.
- Contract One — Al Meydan Street from Latifa bint Hamdan Street to Umm Suqeim Street, plus Al Marabea’ Street from Dubai Hills to Sheikh Mohammed bin Zayed Road, about 14 kilometres. Scope includes upgrading the Al Marabea’ / Al Meydan intersection into a grade-separated interchange (bridges 1,600 metres total, four lanes each way, combined capacity 14,400 vehicles per hour), a direct Al Marabea’ link to Sheikh Mohammed bin Zayed Road (three lanes each way, 7,800 vehicles per hour), and a 700-metre elevated link on Dubai–Al Ain Road towards Nad Al Hamar Street for Nad Al Sheba access.
- Contract Two — Al Meydan Street from First Al Khail Street through Al Khail Road to Muscat Street, plus about 2 kilometres of new surface roads linking Al Meydan Street with Latifa bint Hamdan Street. The signalised Al Meydan / Muscat intersection becomes a multi-level grade-separated interchange (bridges 1,400 metres, four lanes each way, up to 14,400 vehicles per hour), with cycling underpasses under Al Meydan Street.
The corridor extends from First Al Khail Street to Umm Suqeim Street and also develops Al Marabea’ Street up to Sheikh Mohammed bin Zayed Road.
Where it lands on the map
GDMO names the areas the paired Al Meydan and Latifa bint Hamdan works support: Dubai Hills, Nad Al Sheba, Mohammed Bin Rashid Gardens, Dubai District One, Al Barari, and communities along Al Meydan Street and Latifa bint Hamdan Street — again with a combined population of more than 500,000. RTA recently started the 12-kilometre Latifa bint Hamdan Street Development Project (seven bridges, eight tunnels, also end-2028). The two projects are printed as an interconnected network linking Sheikh Zayed Road, Al Khail Road, Sheikh Mohammed bin Zayed Road, Emirates Road, and Sheikh Zayed bin Hamdan Al Nahyan Street.
Investor check
Treat this as infrastructure timing on a named corridor, not as a listing brief. Ask: Does the SPA (sale and purchase agreement — the contract that binds a purchase) or the brochure sit on a site that GDMO names as served by this corridor? Is your underwriting using end-2028 as a mobility date, or inventing an earlier one? Are you pricing a yield off a travel-time cut that RTA prints for Al Manama / Dubai–Al Ain → Umm Suqeim — not for every side street? A bridge contract is not a title deed (the ownership document Dubai Land Department issues when a purchase is registered), and it is not a DLD sales print.
This is orientation, not personalised legal, tax or investment advice. Recheck the GDMO release and RTA updates before you treat a figure or a completion year as current.
Agent check
Brief the file with the printed names: Al Meydan Street Development Project, two contracts, AED 1.161 billion, 3,700 m of bridges, 17 km of roads, end-2028, 18% north–south capacity, 30→10 minutes on the printed OD pair, areas named above. Do not invent a district yield from this release. Do not tell a client that the contract award means their off-plan handover moved. Do not shrink the 66% travel-time cut to “all of Dubai got faster.” If they ask “so Dubai Hills just rose 10%?”, the honest answer is: GDMO did not print a price. It printed a corridor.
What we did not claim
We did not invent a DLD transaction volume, a district price index, or a handover calendar for any named community. We did not open a separate RTA PDF beyond this GDMO page. Primaries cited: GDMO — RTA Awards Two Contracts for Al Meydan Street Development Project Worth AED 1.1 Billion (30 August 2026).
Related files on the same desk: Dubai Starts 228 Projects. AED 67bn in the Ground., Creek Lights: Eight Kilometres by Q1 2027, Fitch: Funded, Phased Masterplans, Ejari Registers the Lease, Not the Sale.
