Vice President reveals Dh7bn housing scheme
More than 7,000 homes will be built for Emirati families in one of the largest social housing projects in the country.
Details were revealed as Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, approved the Dh7.2 billion budget for the threeyear building programme.
In all, 7,270 homes will be delivered by 2021.
Chairing a Cabinet meeting yesterday at the Presidential Palace, Sheikh Mohammed said: “His Highness Sheikh Zayed bin Sultan Al Nahyan set the cornerstone and established an integrated housing system in the UAE at the service of the citizens which has been contributing to the well-being and prosperity of our people.”
He said about 80 per cent of Emiratis own their homes, one of the highest levels globally.
“Under the directives of His Highness Sheikh Khalifa bin Zayed Al Nahyan, we have implemented housing projects in various emirates with the highest standards of quality and sustainability and with careful consideration of the social style of the Emirati family,” Sheikh Mohammed said.
“We have directed the authorities responsible for housing projects in the UAE to provide the residential neighbourhoods with the best infrastructure services to meet the aspirations of our people.”
The sites for the new communities have not yet been set out.
In November, another housing project was announced, the largest single new community in Abu Dhabi to date, for 200,000 people.
Riyadh City will be located between southern Al Shamkha and north Al Wathba and comprise 45 per cent of Abu Dhabi’s residential land.
Yesterday, the Cabinet also issued a decision approving a national strategy to establish and strengthen research between the health sector and academic institutions across the country. The strategy aims to create health research centres that contribute to finding solutions to current health concerns.
The Cabinet also issued a resolution on community green spaces for educational institutions, residential complexes and government buildings.