Housing projects worth AED 3.8 billion have been approved for UAE nationals in Dubai.
It comes following the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
The package includes 2,000 residential plots, 900 villas and an integrated complex worth AED 500 million for small families.
Beneficiaries will also be able to avail of exemptions from government fees and a reduction in monthly installments for housing loans.
اعتمدنا اليوم مشاريع إسكانية بدبي ب3.8 مليار درهم تتضمن توزيع 2000 أرض سكنية و900 فيلا سكنية جاهزة ومجمع متكامل بنصف مليار درهم للأسر الصغيرة ومجموعة خدمات للمستفيدين تتضمن امكانية إدارة الحكومة بناء مساكنهم الخاصة وإعفاءات من رسوم حكومية وتخفيض الأقساط الشهرية للقروض السكنية
— HH Sheikh Mohammed (@HHShkMohd) November 28, 2021
Dubai Ruler praises record Egyptian readers in Arab challenge
UAE leaders mark Hijri New Year with messages of optimism and prosperity
Global coalition condemns May attack near UAE’s Barakah nuclear plant
UAE stresses on diplomacy and dialogue as US, Iran reach agreement to end war
UAE President discusses regional developments with Egypt counterpart
Dubai Police rescue hiker stranded in Hatta mountains for 2 days
UAE President to attend G7 Summit hosted by France
DWC expansion plan on schedule, first phase to be completed in 2032
