Between 1991 and 2010, Dhaka’s population more than doubled to 15 million. Simultaneously, the city’s contribution to the national economy almost trebled. Clearly, population growth was accompanied by an unmistakable trend of economic growth, and a significant decline in urban poverty and income inequality. On the other hand, Dhaka’s high population density exacerbated serious environmental challenges, and it was soon ranked as one of the world’s least livable cities. In the context of these contradictory signals of rapid urbanization, Dhaka’s Changing Landscape sets to answer three most intriguing questions: Are the poorer segments of urban population, which migrate with dreams for better lives, benefitting from positive economic trends? Are these benefits sustainable? Are these benefits creating scope for this group to have a stake in the city’s growing prosperity? By studying 600 households and applying comparative analysis over a span of 20 years, the authors examine demographic and economic trends to understand the patterns, scale, and complexity of urban poverty, income inequality, and rural–urban migration. Going beyond the space and poverty debate, they enlighten the readers about the quality of life questions, sustainability matters, and gender and generational roles and relations necessary to understand qualitative transformation and migrants’ prospects for a better future.