1516 home finance loan within 3 months, amounting to 1.2 billion dirhams
«Zayed Housing» approves 573 new housing decisions, worth 457 million dirhams
The Sheikh Zayed Housing Program supports the state's housing objectives with ambitious initiatives and quality projects.
From the source
Mohammed Al-Mansoori: "We are working according to an integrated national strategy to develop the housing sector."
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The Ministry of Energy and Infrastructure, represented by the Sheikh Zayed Housing Program, announced the approval of the third batch of loan beneficiaries within the new housing policy, which includes 512 new loans worth 408 million dirhams, as well as issuing decisions to 61 beneficiaries of government housing, with a value of 49 million dirhams. , bringing the total that was announced during the three months since the launch of the new housing policy last July, 1516 housing finance loans, with a total value of one billion and 208 million dirhams, and it comes within the goals of reaching 3000 beneficiaries of loans during the current year, at a rate of 500 housing decisions per month. .
The Director of the Sheikh Zayed Housing Program, Eng. Muhammad Al-Mansoori, explained that the total government housing decisions issued by the program, during the years 2021-2022, amounted to 1,002 housing support decisions, distributed between loans and grants, with a value of approximately 802 million dirhams, and that the program seeks continuous and unremitting effort. To implement the leadership’s directives within the framework of a comprehensive plan, aimed at regulating the housing sector, to achieve family well-being and stability for UAE citizens, explaining that the state is making great efforts in order to serve its citizens, which requires us to work hard, and harness energies to achieve the aspirations and aspirations of our rational government that puts human beings at the forefront of her interests.
He stressed that the directives of the leadership, led by His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, and his brother, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the State and Ruler of Dubai, and their brothers Their Highnesses, members of the Supreme Council of the Union, Rulers of the Emirates, have contributed significantly. Significant in organizing the housing sector for the next five years, and overcoming the challenges facing the sector.
Al-Mansoori pointed out that the state is working according to an integrated national strategy, aimed at developing the housing sector in all regions of the country, to serve citizens, maintain stability and prosperity, and support the state's goals for the next fifty years, and its global leadership, up to the 2071 centenary, as the housing sector is one of The most important paths of the development model, and the main driver of all the axes of sustainable development.
He pointed out that the Ministry of Energy and Infrastructure implements important and vital projects that support the state's housing plans, and aim to develop government housing for a new phase of sustainable development, in which efforts and roles are integrated, and authorities cooperate to improve the housing reality and support its requirements, according to a national vision whose first and last goal is the welfare and happiness of citizens. who constitute the priority of the next stage of national development.
He stressed that the Sheikh Zayed Housing Program supports the state's housing objectives with ambitious initiatives and qualitative projects, represented in the development of housing models to reduce the cost of construction and increase the life span of housing, and to meet the aspirations and future needs of citizens, in order to meet the families' needs for adequate housing, family stability and quality of life, taking into account the social dimension. for citizens, and always work to follow the procedures that are in their interest and achieve integration at the national level.
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