Abu Dhabi, UAETuesday 22 October 2019

Sheikh Mohammed announces changes to housing grants for Emiratis

Vice President and Ruler of Dubai announces changes during tour of housing developments and road infrastructure projects in Ras Al Khaimah

Sheikh Mohammed bin Rashid approved the construction of 34,000 housing units for Emiratis across the UAE at a cost of Dh32 billion.

The instructions came from President Sheikh Khalifa and the developments are due for delivery by 2025.

On Monday, the Vice President and Ruler of Dubai also announced that Emiratis who earn up to Dh15,000 a month will now be eligible for a housing grant.

Previously only Emiratis who earned up to Dh10,000 were eligible for the Sheikh Zayed Housing Programme loan.

Loans for Emiratis living in government residential neighbourhoods were also increased from Dh800,000 to Dh1.2 million, depending on the value of the property.

The announcements were made while Sheikh Mohammed toured the construction sites for Bateen Al Samar, an Emirati housing development, and reviewed road infrastructure projects in Ras al Khaimah – including a steel arch bridge.

"We have pledged, from the beginning, to ensure that every UAE citizen is provided with a home, and that no area is left undeveloped," Sheikh Mohammed said.

He said the quality of the housing developments across the country are of a unified standard because the UAE’s citizens deserve the best.

"UAE citizens deserve the country's full attention, because of their continued sacrifices to the nation's development.

"Our first, second and third focus is on Emiratis, and we will not be sidetracked from ensuring a sound quality of life for all citizens," Sheikh Mohammed said.

Sheikh Mohammed was accompanied by Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah; Sheikh Saif bin Zayed, Deputy Prime Minister and Minister of Interior; Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs; Mohammed Al Gergawi, Minister of Cabinet Affairs and The Future and Dr Abdullah Al Nuaimi, Minister of Infrastructure Development.

Updated: February 26, 2019 10:18 AM

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