Sheikh Mohammed announces Dh65-billion housing project

Sheikh Mohammed announces Dh65-billion housing project

The Ruler of Dubai has approved a Dh65-billion fund for an Emirati housing programme in the city, it was announced on Wednesday. The budget will be spent over the next two decades to ensure decent shelters for the UAE nationals. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, made the announcement on Twitter on Wednesday. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, also issued directives to quadruple the number of citizens benefitting from the programme starting next year, and increase the land plots allocated to Emirati housing projects to 1.7 billion square feet. Quality housing is everyone’s basic right and a top priority for the government, Sheikh Mohammed said. “We have adopted an integrated housing policy, which I will supervise myself. Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, will follow up on its plans,” he added. Providing decent shelter to citizens is part of Dubai’s vision to become the world’s best city to live in, he added. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince