Dubai: Housing package worth Dh6.3 billion approved

A new housing package worth Dh6.3 billion has been approved for Emiratis in Dubai.

The fund will cover housing and land allotments for 4,610 Emiratis in the city as part of the Housing Programme for Dubai Citizens. It was approved in time for Eid Al Fitr by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Under the plan, 1,110 houses shall be allocated in Al Khawaneej 2, and 3,500 plots in Umm Nahad 4 and Al Aweer.

Meeting the needs of every Emirati family through housing programmes and social services is a top priority for the government, Sheikh Mohammed said.

“A decent life for Emiratis is the utmost goal for which all government departments and authorities are working for. We are keen to provide full social support that guarantees a decent life for UAE citizens and their families,” he stressed.

“The housing file is a priority, and providing a decent life is a right for Emiratis, while our goal is a new integrated vision for the housing file.”

In 2021, Sheikh Mohammed approved the allocation of Dh65 billion to an Emirati housing programme in Dubai. The budget will be spent over the next two decades to provide quality housing for citizens.

He also issued directives to quadruple the number of citizens benefitting from the housing programme starting next year, and to increase the land plots allocated to Emirati housing projects in Dubai to 1.7 billion square feet, which will meet the demand from citizens over the next 20 years.

The Dubai 2040 Urban Master Plan sets out a comprehensive future map for sustainable urban development in the city.

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Aligned with the UAE’s vision for the next 50 years, the plan is focused on enhancing people’s happiness and quality of life. The people-centric plan reinforces Dubai’s competitiveness as a global destination that can provide a wide diversity of lifestyle and investment opportunities to citizens, residents and visitors over the next 20 years.

• Dubai