November 28, 2021
1 min read

Sheikh Mohammed unveils Dh3.8 bn Dubai housing plan

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, approved Dh3.8 billion housing projects in Dubai…reports Asian Lite News

As part of the new projects, 2,000 plots of land will be distributed to Emirati citizens together with 900 ready-made villas. The projects also include a Dh500 million integrated complex for small families.

Sheikh Mohammed said providing quality housing for the public remained key to the UAE’s future plans.

Mohammed bin Rashid

“Today, we approved housing projects in Dubai with a value of 3.8 billion dirhams, including the distribution of 2,000 residential plots, 900 ready-made housing villas, an integrated complex of half a billion dirhams for small families, and a set of services for beneficiaries, including the possibility of government administration building their own homes, exemptions from government fees, and a reduction in monthly installments for housing loans,” Sheikh Mohammed said on Twitter.

ALSO READ: Mohammed bin Rashid visits pavilions of Singapore and Jordan at Expo 2020

“The housing file will remain within our personal follow-up and our goal is to change the shape of residential neighborhoods for citizens in the future to provide the best lifestyle and the best environment for families in the world.”

Previous Story

13 years since 26/11, Indian Navy keeping coastlines secure

Next Story

UAE Prez pardons 870 prisoners

Latest from -Top News

Modi Congratulates Carney, Eyes Stronger Ties

While pitching himself as the frontrunner to replace Trudeau, Carney had given signals to mend the relationship….reports Asian Lite News Prime Minister Narendra Modi on Tuesday became one of the first world
Go toTop

Don't Miss

UAE, Finland discuss boosting ties in space field

The UAE and Finland have a strong bilateral partnership built

Economy On Track To Meet GDP Targets

UAE’s GDP records 3.8 per cent growth in Q1 2023