Dubai government approves Dh6.3 billion housing package for Emiratis

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, announced on Sunday the approval of a Dh6.3 billion ($1.7 billion) investment project that will offer houses and land for over 4,600 Emiratis. As part of the Housing Program for Dubai Citizens, the fund will cover housing and land allotments for 4,610 Emiratis in the city. The plan calls for 1,110 dwellings in Al Khawaneej 2 and 3,500 plots in Umm Nahad 4 and Al Aweer. The initiatives are part of a campaign to raise the living standards in the UAE. Sheikh Mohammed unveiled the projects via Twitter, including a video describing their ambitions to assist its citizens. . Sheikh Mohammed said in September that Dh65 billion would be allocated to a housing project in Dubai for UAE citizens over the next two decades. The Ruler of Dubai emphasized that "Quality housing is a dignity and a right for all." "A decent life for the people of the country is the first priority for the government’s work," he added. Dubai's ongoing investment in housing infrastructure comes as the emirate's population increases. As a result of a post-coronavirus pandemic surge in migration, the emirate's population has surpassed 3.5 million. On Thursday, the live population counter at the Dubai Statistics Centre stood at 3,500,105. The population increased by over 100,000 between the end of 2020 and April 2022. BKM/ Expat Media
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