Under the directives of Mohammed bin Rashid
Hamdan bin Mohammed launches a plan to provide 15,800 homes for citizens during the next 4 years
Hamdan bin Mohammed during his inspection of housing projects worth 1.7 billion dirhams in Al Warqa and Al Khawaneej II.
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Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, launched an integrated housing plan to provide 15,800 homes for citizens in Dubai over the years. The next four, and working to develop integrated scenarios during the coming months to raise the quality of life in all residential neighborhoods for citizens within the Committee on Citizens Affairs and Development headed by His Highness.
His Highness, the Crown Prince of Dubai, stressed that the housing file is a priority within the approach of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and his personal follow-up.
His Highness said: "The citizens' housing file is supervised by His Highness Sheikh Mohammed bin Rashid, and I follow it myself with my brother Sheikh Maktoum."
His Highness added: "The goal will not be to provide housing only for citizens, but rather integrated neighborhoods, a quality of life and a social system that guarantees stability for all families."
His Highness continued, "In the coming months, we will launch a set of community projects within the Citizens Affairs and Development Committee to ensure a high quality of life for all segments of society."
This came during his visit, accompanied by the Commissioner-General of Infrastructure, Urban Planning and Quality of Life Mattar Al Tayer, and the Executive Director of the Mohammed bin Rashid Housing Establishment, Omar Bushehab, to a number of housing projects in Al Warqa’a 4 and Al Khawaneej 2, which are being worked on to implement housing projects for citizens. With a value of 1.7 billion dirhams, His Highness was also briefed on the new vision of the Mohammed bin Rashid Housing Establishment, which is based on diversifying housing options for citizens and accelerating the fulfillment of all housing requests for the next twenty years.
The integrated housing plan, which will be followed up by the Citizens Affairs and Development Committee, focuses on providing proactive housing services in line with the leadership’s vision, and focusing on providing 15,800 homes for citizens in Dubai until 2026. The plan is set to meet the objective of the approved housing program in Dubai, which includes implementing 4000 housing units with different options until 2026.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, during his visit to the Al Warqa housing project, was briefed on the models of residential villas. The project, with a completion rate of 45% and a value of 177 million dirhams, includes the implementation of 136 villas characterized by various designs characterized by optimal use of spaces, and each villa includes four bedrooms in addition to other basic facilities, while the delivery of ready units will start during 2023.
His Highness the Crown Prince of Dubai, during his inspection visit to the fourth Al Warqa project, was briefed on the plans of the upcoming housing projects in the Al Khawaneej Al Seconda housing project, at a total cost of 1.56 billion dirhams. .
Dubai Crown Prince:
• "The citizens' housing file is supervised by His Highness Sheikh Mohammed bin Rashid, and I follow it myself with my brother Sheikh Maktoum."
• “The goal will not be to provide housing only for citizens, but rather integrated neighborhoods, a quality of life, and a social system that guarantees stability for all families.”
• “In the coming months, we will launch community projects within the Citizens Affairs and Development Committee, to ensure a high quality of life for all segments of society.”
4.8 billion dirhams in housing loans
The value of housing loans approved during one year amounted to 4.8 billion dirhams, including 4,764 approvals until yesterday, as part of the implementation of the housing program launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, last September. With a historical budget of 65 billion dirhams for the next twenty years for citizens in the Emirate of Dubai, while the value of housing loans for citizens is expected to exceed 13 billion dirhams until 2026.
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