His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has launched an integrated housing plan to provide 15,800 homes for nationals in Dubai over the next four years. The move follows the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.
During a tour of the proposed developments, Sheikh Hamdan said, “Developing high-quality housing for nationals is a major priority for HH Sheikh Mohammed bin Rashid Al Maktoum, and this vital area is overseen by His Highness. He added, I follow up on the progress of housing programmes with my brother HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance.
In September 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum allocated US $17bn to an Emirati housing programme in Dubai.
“Our objective is not only to provide homes for nationals, but also to develop integrated residential communities, provide a high quality of life and create a social system that ensures family stability. Over the coming months, we will launch a series of community projects under the auspices of the Higher Committee for Development and Citizens Affairs to ensure a high quality of life for all members of the community,” Sheikh Hamdan explained.
HH Sheikh Hamdan was accompanied on the tour by HE Mattar Al Tayer, Commissioner General of Infrastructure, Urban Planning and Wellbeing Track; and Omar Bu Shehab, Executive Director of the Mohammed bin Rashid Housing Establishment.
In October 2021, the UAE’s MOEI said over 11,000 new residential units are under construction across the country.
The projects visited during the tour included Al Warqa 4 and Al Khawaneej 2 where construction works are underway on several housing projects worth US $463mn. During the tour, HH Sheikh Hamdan was briefed on the new vision and the plan of the Mohammed bin Rashid Housing Establishment, which is focused on offering diversified housing options for nationals and accelerating the processing of all housing applications over the next 20 years.
The plan, overseen by the Higher Committee for Development and Citizens Affairs, aims to build 15,800 homes for nationals in Dubai by 2026.
In March 2022, Saudi’s NHC launched a new residential project in Makkah for citizens.