UAE to hand over 1,700 new housing units by year-end

$544mln housing project will see around 888 homes being delivered in Ras Al Khaimah, 500 in Ajman and 341 in Dubai

  
Image used for illustrative purpose. Labourers work at a construction site in Dubai.

Image used for illustrative purpose. Labourers work at a construction site in Dubai.

REUTERS/Jumana El Heloueh

The UAE government is set to hand over a total of 1,729 housing units to needy Emiratis under the Sheikh Zayed Housing Programme by the end of this year.

The Dh2-billion ($544 million) housing project will see around 888 homes being delivered in Ras Al Khaimah, 500 in Ajman and 341 in Dubai.

In another development, Sheikh Zayed Housing Programme has approved Dh395 million to help 503 citizens acquire residential accommodations through housing loans and grants.

Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, and chairman of the programme, said the decision to help these citizens once again reiterates the fact that the UAE leadership is keen to ensure the wellbeing of its citizens, and to help them secure permanent residential accommodations and enjoy a sense of security.

The leadership is keen to ensure that these modern units have all the required facilities, as normally found in housing, he added.-TradeArabia News Service

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