Minister of Infrastructure Development and Chairman of the Board of Directors of Sheikh Zayed Housing Program, Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, revealed that the program is implementing a package of housing projects during the current year in all areas of the country, ranging from individual housing up to 10 thousand and 746 houses worth 6.98 billion In addition to the residential neighborhoods which include 1990 houses worth AED 2.7 billion, the total of housing projects under construction for the current year amounted to 12,736 projects worth AED 9.68 billion.
He said that the number of future housing projects expected to be delivered during the period from 2019 to 2025 amounted to 17,873 individual dwellings, with a value of 17.32 billion dirhams, in addition to 3391 houses within residential neighborhood projects, worth five billion dirhams, the value of future projects under implementation .
He added that since its establishment in 1999, the program has issued more than 62 thousand housing subsidy decisions, worth more than 35 billion dirhams, covering all regions of the country, and distributed between loans and grants, and varied between the construction of a new housing, the completion of a housing, maintenance of a house, in addition to a house. Buy a dwelling, a government dwelling, and fulfill a loan.
Achieving housing stability and providing adequate housing for citizens is one of the top priorities of the leadership, which always emphasizes the need to build residential communities that meet the aspirations and aspirations of the UAE family and achieve a decent and safe life for citizens.
He pointed out that the total projects completed and received for the category of individual construction and residential communities last year amounted to 2033 projects, while the total advances to beneficiaries reached 17675 payments last year, while the average disbursement time payments 4.21 days, which is a record time, and we seek to reduce during He added that the number of applications received by the program last year amounted to 6773 applications, including 5152 loan applications and 1621 grant applications, accounting for loan applications accounted for 76% of the total applications submitted, while applications for grants accounted for 24% of them, where the proportion of applications submitted Ages 31 to 40 years old to 36 The total number of applicants ranges from AED 20 thousand to AED 39 thousand, or 3160 applications, or 46% of the total number of applications submitted. Applications submitted.
He explained that the total housing subsidy decisions issued by Sheikh Zayed Housing Program last year amounted to 5484 decisions at the state level, worth 4.162 billion dirhams, the share of grants of which 19% with 1052 decisions, and loans by 81% with 4408 decisions, where Ras Al Khaimah topped Residential support with 1890 decisions, followed by Sharjah with 1135, Fujairah with 1094, in addition to Ajman with 584 decisions, Dubai 434, and Umm Al Quwain 289, followed by Abu Dhabi with 58 decisions. Al-Naimi said that the main objective of the program was to meet the housing needs of citizens, both in real time and in the future, and to provide a sustainable housing environment, where the program has worked during its 20-year journey to make a qualitative leap in the field of housing, especially during the past five years. The waiting time for housing availability has been reduced from eight years to a few months, and the proportion of those receiving housing support from the total number of applicants to applications exceeded 90%, down from less than 30% at the start of the program.
He pointed out that the program has been directed over the past 10 years to the establishment of integrated residential neighborhoods, so that it can achieve the vision of leadership in the preparation of human societies and sustainable social foundations, and the achievement of residential neighborhoods according to the highest standards of sustainability.
He pointed out that the aim of hosting the Third Arab Ministerial Forum on Housing and Urban Development, which is attended by more than 20 ministers, is to promote joint Arab action, achieve integration in the field of housing and civilization development, and review the UAE model in this field.
Residential neighborhoods
The Sheikh Zayed Housing Program is currently implementing three residential districts, Ajman's Al Montazi District, which comprises 761 homes worth AED 1 billion and built on an area of 955,000 square meters, with a completion rate of 24% and is expected to be delivered next year. The Al Tasamuh residential district in Dubai, which includes 341 houses on an area of 255 thousand square meters, with a completion rate of 31%, is expected to be delivered next year, and the Batin Al Samar residential district in Ras Al Khaimah in its first and second phases. An area of 2206 square meters. The program also plans to implement future residential projects, including the completion of a residential neighborhood in the «Owainat» in Sharjah, which will include 235 houses, the implementation of 125 in Dubai, 400 in Fujairah, 200 in Sharjah, in addition to 438 in the «Helio» in Ajman These projects are part of the programme's future plan, which is set for the next five years.