The Dubai Metaverse Strategy was launched with the goal of making Dubai one of the top ten metaverse economies and a global hub for the metaverse community. His Majesty Sheikh Hamdan bin Mohammed emphasised the importance of consolidating Dubai's status as a hub offering the most advanced metaverse ecosystem and as a global leader in adopting digital solutions, which reflects His Highness Sheikh Mohammed bin Rashid Al Maktoum's ambitious vision of transforming the emirate into a global capital of advanced technologies, primarily artificial intelligence (AI) and Web3. The strategy aims to build on Dubai's success in attracting over 1,000 blockchain and metaverse companies. It also promotes Dubai's goal of supporting over 40,000 virtual jobs by 2030. This would further boost Dubai's economy and support the UAE government's goal of tripling the current number of blockchain companies.