August 13, 2022

Dubai Week

Complete Dubai News World

Emirates News Agency – Under the direction of Mohammed bin Rashid, the Development and Citizen Affairs Committee headed by Hamdan bin Mohammed has approved the immediate distribution of 2,000 residential plots in the fourth Umm Nahd area.

Hamdan bin Mohammed: The housing file is directly and continuously monitored to implement the directives of Mohammed bin Rashid to provide and meet the housing needs of all citizens, promote a better quality of life for families and protect their stability.

The priorities of the Development and Citizen Affairs Committee are to provide proactive and expeditious support for the delivery of all services to citizens. . In the next phase we will strengthen and accelerate our efforts to become the world’s best residential areas.

DUBAI, July 24, WAM / May God protect His Highness Sheikh Mohammed bin Rashid Al Maktoum as the Ruler of the Emirate of Dubai under the guidance and leadership of the UAE Vice President and Prime Minister. The Development and Citizens Affairs Committee, chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, approved Dubai, Chairman of the Executive Committee, to immediately begin distributing 2,000 residential plots to citizens in the fourth Umm Nahd area. , part of the Citizens’ Housing Programme, which aims to provide decent living and adequate housing that meets the needs of Emirati families.

Sheikh Hamdan bin Mohammed said: In accordance with the direction of Mohammed bin Rashid and the follow-up of his superiors, we have approved the immediate distribution of 2,000 residential plots in the Development and Citizen Affairs Committee. A fourth Umm Naht area for citizens as part of the Citizen Housing Project in the Emirate of Dubai.”

“The housing file is directly and continuously monitored to implement the directives of Mohammed bin Rashid to provide and meet the housing needs of all citizens, improve the quality of life of families and protect their stability,” he said.

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Further, “The priorities of the Development and Citizen Affairs Committee are to provide proactive and speedy support to provide all services to the citizens. In the next phase, we will strengthen the efforts and accelerate it to become the best residential neighborhood in the world.”

In the orders of His Highness Sheikh Mohammed bin Rashid Al Maktoum, about 2,000 residential plots have been allocated in the fourth Umm Nahd area. The distribution of residential plots will begin on Wednesday, July 27, next to the citizens approved by the citizens, the Mohammed bin Rashid Housing Establishment, and this will be possible through the application of “Maskani”, which It allows citizens to choose the locations of plots that suit them, while giving priority to people belonging to the same family to live in the same area.

In order to provide facilities and services that improve the quality of life, the directives of Sheikh Mohammed bin Rashid Al Maktoum and the integrated plan approved by Sheikh Hamdan bin Mohammed support the social stability of citizens’ families. Government efforts to raise the achievement of housing projects for citizens of the Emirate of Dubai, improve the quality of life of citizens, and promote social stability for them and their families by providing adequate housing in line with social welfare and social order. Security, the UAE is keen to build its foundations and consolidate its elements for its citizens, and the Emirate to be a great city to work and live in line with Dubai’s efforts to complement the development and implementation of the Urban Strategy. the world

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Support facilities for housing of citizens.

Sheikh Mohammed bin Rashid Al Maktoum has approved a package of facilities to support citizens’ housing portfolio, including raising the value of home loans for citizens in the Emirate of Dubai. Part of his passion is to improve family stability for citizens and provide them with a dignified life. Also the monthly cap on housing loan repayments has been reduced to 15% of the borrower’s monthly income, and the requirement to pay the balance to acquire residential land has been waived, along with devaluing some houses in the Mohammed Bin Rashid Housing Company. About 10%, convenience for citizens.

Several initiatives have been adopted to make it easier for citizens to build their residential villas in the Emirate of Dubai, exempting them from mortgage charges related to home loans and exempting first-time homebuilders from paying electricity connection charges. The value of their houses does not exceed 4 million dirhams and they must live in the same new areas to prioritize family and promote family unity and social cohesion.

Notably, Sheikh Mohammed bin Rashid has approved a historic housing budget of 65 billion dirhams for the citizens of the Emirate of Dubai over the next twenty years. His high-level directives come in light of efforts to complete the development model of the Emirate of Dubai, enhancing the dignified lives of citizens, as per the Dubai City Plan 2040, and contributing to the achievement of Dubai’s lofty vision. Best city to live in the world.

Wam/Islam al-Hussein