New Vision for Model Neighborhoods in Dubai: Housing and Loan Programs for Citizens

2023-06-11 12:02:52

Under the directives of Mohammed bin Rashid, adopting the new vision for the design and implementation of model neighborhoods in Dubai

Dubai – «Gulf»

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, said: Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, may God protect him, the new vision was approved for the design and implementation of exemplary neighbourhoods, allocating 11,500 plots of land for housing citizens in Dubai, and approving housing loans worth 7 billion dirhams for about 7,000 beneficiaries.

His Highness explained: “Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum … and within the work of the Supreme Committee for Development and Citizens Affairs in its first year … we adopted the new vision for the design and implementation of model neighborhoods … and we allocated 11,500 plots of land for housing citizens in Dubai … And we approved housing loans worth 7 billion dirhams for about 7 thousand beneficiaries.

His Highness added, “The annual financial allocations for people with limited incomes have been raised to 438 million dirhams, and for people of determination to 70 million dirhams … and we have launched a program to facilitate health services for 19,000 senior citizens … in addition to many other initiatives that touch all aspects of life.” To the people of Dubai, in cooperation and coordination with all concerned parties.

His Highness affirmed that “the main agenda of the Dubai government is to provide the best quality of life for its citizens… With the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, work continues to achieve a prosperous present and a promising future for the people of Dubai and its future generations.”

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