Sheikh Mohammed approves Dhs6.3bn housing package for Emiratis in Dubai
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Sheikh Mohammed approves Dhs6.3bn housing package for Emiratis in Dubai

Sheikh Mohammed approves Dhs6.3bn housing package for Emiratis in Dubai

The development of a new housing complex in Al Khawaneej area 2, which will include 1,100 residential villas, was also approved

by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

A new housing package worth Dhs6.3bn for UAE citizens has been approved in Dubai by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

This includes housing and land allotments for 4,610 Emiratis in the city, on the occasion of Eid al-Fitr as part of the Housing Programme for Dubai Citizens.

Sheikh Mohammed also approved the development of a new housing complex in Al Khawaneej area 2, which will include 1,100 residential villas.

The housing plan includes  3,500 plots in Umm Nahad 4 and Al Aweer.

“Today, we directed the allocation of 4,610 housing and residential plots at a cost of Dhs6.3bn as part of the housing project for UAE citizens in Dubai, which is a file that I am directly following-up on due to its importance to us, and we will continue to develop it to meet the requirements and needs of every family in the emirate,” said Sheikh Mohammed bin Rashid, according to news agency WAM.

In September last year, Sheikh Mohammed approved an allocation of Dhs65bn to be spent on an Emirati housing programme in Dubai. The budget will be spent over the next two decades to provide housing for Emiratis. At the time, Sheikh Mohammed also issued directives to quadruple the number of citizens benefiting from the housing programme effective from next year, and to increase the land plots allocated to Emirati housing projects in Dubai to 1.7 billion square feet.

Read: Sheikh Mohammed allocates Dhs65bn to Emirati housing programme in Dubai

Also last year, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, approved the launch of a digital platform for Emiratis enrolled in Dubai’s housing programme to exchange grants, land plots and housing units among themselves. He  also approved prioritising the allocation of residential land plots and housing units to first-degree family members in the same residential area in Dubai.

Read: Sheikh Hamdan approves digital platform for Emirati housing programme in Dubai

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