#housing

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum

Sheikh Hamdan approves digital platform for Emirati housing programme in Dubai

The Dubai Crown Prince also approved prioritising allocation of residential land plots and housing units to first-degree family members in the same residential area

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed allocates Dhs65bn to Emirati housing programme in Dubai

The Ruler of Dubai also issued directives to quadruple the number of citizens benefiting from the housing programme effective from next year

Saudi Arabia’s Fannie Mae buys up $800m of mortgages

The refinancing company was established to buy home loans from banks and other finance companies, freeing up the lenders to book more mortgages

Abu Dhabi aims to attract skilled expats by making life cheaper

Abu Dhabi is the 39th most expensive place for expatriates, according to New York-based consultant Mercer, more costly than Boston or Milan

Kuwait’s housing authority sacks 135 foreign workers, aims to be ‘expat-free’ by May 2021

The decision is part of the government’s strategy to ‘Kuwaitise’ jobs in the public sector

Dubai’s housing market ‘oversupplied’ despite drop in prices – UBS

The Dubai residential market is expected to bottom out soon, states study