logo
Mohammed Bin Rashid reviews progress of Dhs1.4 billion housing project for Emiratis

Mohammed Bin Rashid reviews progress of Dhs1.4 billion housing project for Emiratis

Gulf Today08-02-2025

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, reviewed the progress of the Sheikh Rashid Bin Mohammed Bin Rashid Al Maktoum Housing Project for Citizens in the Wadi Al Amardi area in Dubai.
The project features 672 villas under construction at a total cost of Dhs1.4 billion, in addition to endowment markets, a mosque, a public park, and service facilities designed to meet the needs of Emirati families.
The new residential project is directly overseen by Her Highness Sheikha Hind Bint Maktoum Bin Juma Al Maktoum, wife of Sheikh Mohammed Bin Rashid Al Maktoum. It was named in memory of the late Sheikh Rashid Bin Mohammed Bin Rashid Al Maktoum.
The project supports the Sheikha Hind Bint Maktoum Family Programme, launched by her to promote the well-being of Emirati families in Dubai.
The programme aims to enhance family stability and cohesion, reinforce community values, improve quality of life, provide a stimulating social environment, and support work-life balance.
Sheikh Mohammed said that new residential projects for citizens reflect Dubai's efforts to continuously raise infrastructure standards in the emirate's emerging neighbourhoods.
'Our objective is to ensure that every citizen enjoys a fully integrated environment that promotes stability and comfort, while providing access to the highest standards of living and well-being,' he said.
He added that the Sheikh Rashid Bin Mohammed Bin Rashid Al Maktoum Housing Project for Citizens stands as a model of excellence, personally overseen by Sheikha Hind Bint Maktoum Bin Juma Al Maktoum.
Distinguished by its adherence to the highest quality standards, the project features 672 villas under construction and offers comfortable, modern housing and comprehensive service facilities that cater to the diverse needs of Emirati families.
Reaffirming Dubai's commitment to major urban projects, Sheikh Mohammed stated that such initiatives not only provide ideal housing but also strengthen family and social stability. He added that these efforts inspire productivity and innovation, driving Dubai's ongoing development and enhancing its global standing.
Sheikh Mohammed also commended the project's design and features, describing it as an exemplary model for residential projects that contribute to enhancing the quality of life and long-term stability of Emirati families.
During the visit, Sheikh Mohammed was briefed on the project plan, which is being developed by his engineering office. The residential project features green spaces, seamless internal access, and key amenities such as a mosque named after the late Sheikh Rashid Bin Mohammed Bin Rashid Al Maktoum, endowment markets promoting economic sustainability, a public park with recreational areas for families and children, and villas designed to optimise internal and external spaces for Emirati families.
The project will be delivered in four phases: Phase one includes 124 homes, scheduled for completion in 2026; phase two features 208 homes, set for 2027; phase three comprises 199 homes, to be delivered in 2029; and phase four includes 141 homes, with completion expected in 2032.
The new residential project aligns with the Dubai Social Agenda 33, which aims to position Dubai as the best city for living experiences and housing services. As part of the government's housing programme for citizens, the project supports the Dubai 2040 Urban Master Plan, focusing on sustainable development, enhancing quality of life, ensuring family stability, and providing comfortable living conditions.
The programme ensures future housing needs are met through optimal land use, diverse housing options, and the development of residential areas featuring green spaces, shopping centres, and recreational facilities.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Abu Dhabi approves AED4.62 billion housing package for over 3,000 Emiratis
Abu Dhabi approves AED4.62 billion housing package for over 3,000 Emiratis

Filipino Times

timea day ago

  • Filipino Times

Abu Dhabi approves AED4.62 billion housing package for over 3,000 Emiratis

A new AED4.62 billion housing package has been approved in Abu Dhabi to support 3,052 Emirati families with home loans and debt relief, under the directives of President Sheikh Mohamed bin Zayed Al Nahyan. The announcement comes just before Eid Al Adha and is part of the country's ongoing efforts to improve the lives of its citizens, especially in building stronger families and communities. Out of the total amount, AED4.4 billion will go to housing loans for 2,862 citizens, while AED212 million will cover loan exemptions for 190 low-income retirees and families of deceased citizens. This is the second housing aid released in 2025, raising the year's total housing benefits in Abu Dhabi to AED11.38 billion. The Abu Dhabi Housing Authority said the package is meant to provide better homes and reduce the financial burden on Emiratis, helping families live more comfortably and securely. Officials also highlighted earlier housing support efforts, including the AED250,000 community subsidy and the option to cut monthly loan payments by up to 50%.

Sheikh Khaled clears Dhs4.62b housing benefits for 3,052 citizens
Sheikh Khaled clears Dhs4.62b housing benefits for 3,052 citizens

Gulf Today

timea day ago

  • Gulf Today

Sheikh Khaled clears Dhs4.62b housing benefits for 3,052 citizens

Under the directives of President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a housing benefits package worth Dhs4.62 billion, benefiting 3,052 Emirati citizens across the emirate. The approved housing benefits package includes housing loans amounting to Dhs4.4 billion benefiting 2,862 citizens, and exemptions from housing loan repayments totalling Dhs212 million benefiting 190 citizens, limited-income retirees and beneficiaries of deceased citizens. The disbursement of the second housing package of 2025 comes ahead of Eid Al Adha and reflects the leadership's ongoing commitment to comprehensive development, enhancing the well-being and stability of Emirati families, empowering them to actively contribute to the nation's progress, in line with UAE Year of Community objectives aimed at strengthening social cohesion and reinforcing community solidarity. This package brings the total housing benefits delivered to citizens in Abu Dhabi in 2025 to Dhs11.38 billion. Mohamed Ali Al Shorafa, Chairman of the Board of Directors of Abu Dhabi Housing Authority, said, 'The new housing benefits package reflects the leadership's commitment to empowering citizens through the provision of quality housing that promotes family stability and elevates quality of life. On this occasion, we extend our heartfelt gratitude to President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, and to His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, for their enduring support to advance the housing sector and foster a thriving and cohesive society.' Hamad Hareb Al Muhairi, Director-General of Abu Dhabi Housing Authority, said, 'The second housing package of 2025 highlights the depth of our leadership's strategic vision to build a prosperous future, enhancing quality of life and providing sustainable housing solutions that meet Emirati citizens' needs and aspirations. 'The generous support from President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, and His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, reaffirms the leadership's steadfast commitment to fostering social and family stability and ensuring a fulfilling life for Emirati families.' The housing benefits package follows the recent endorsement of an additional community support subsidy of Dhs250,000 for existing beneficiaries of housing loans, including a reduction of up to 50 per cent in monthly loan instalments, and a wide range of other services and facilities. WAM

UAE tops region for most skilled workforce, says report
UAE tops region for most skilled workforce, says report

Al Etihad

time2 days ago

  • Al Etihad

UAE tops region for most skilled workforce, says report

6 June 2025 01:39 ISIDORA CIRIC (ABU DHABI)The UAE workforce is the most skilled in the Middle East and North Africa, according to Coursera's latest report. The country also leads the Arab world across all major categories, including business, technology, data skills, and AI maturity, positioning itself as the region's leading hub for digital readiness and Global Skills Report 2025, published by Coursera on Wednesday, draws from the learning activity of more than 170 million users worldwide and benchmarks performance across over 100 accompanying AI Maturity Index provides a broader view, factoring in academic publications and metrics from the IMF and OECD to measure national progress in AI research, innovation, and UAE ranked 38th globally overall, 17th in business, 46th in data, 53rd in technology, and 32nd in AI maturity, making it the top performer in the Arab world across all four categories, and first in MENA when it comes to overall skills readiness.'The UAE is positioning itself for a tech-driven future, with 87% of employers emphasising technological literacy, AI, and big data as their top priorities,' the report said, linking the country's performance to its national efforts to transition into a knowledge-based economy powered by skilled Emirati country also boasts the highest rate of Coursera learners in the region, with 13% of its labour force actively engaged on the platform. As the total learner base reaches 1.3 million, the UAE's appetite for digital skills shows no signs of slowing to the report, GenAI course enrolments alone surged by 344% year on year — more than double the regional growth rate — while professional certificate and cybersecurity enrolments jumped by 41% and 14%, are playing an increasingly active role in this transition, accounting for 21% of GenAI learners in the UAE, 24% of those enrolled in STEM-related fields, and 23% in professional certificate programmes. Learning habits reflect a younger, mobile-first generation, with 41% of users accessing courses via mobile, and a median learner age of the employer side, demand is rising sharply for expertise in AI and machine learning (up 139%) and customer service (up 96%), while top learner skills in the UAE ranged from corporate accounting and predictive analytics to emerging technologies and leadership development. The UAE's broader economic and policy frameworks are a key driver of this momentum, the report said, pointing out the We the UAE 2031 strategy and workforce development programmes like Nafis, which 'are exceeding private-sector employment targets' and form part of a national vision for a tech-enabled society centred around innovation and competencies. Building on this foundation, the country deployed a wider set of strategies, such as UAE Vision 2030, the Strategy for the Fourth Industrial Revolution, the Emirates Blockchain Strategy, and the UAE Centennial 2071, to support the growth and prosperity of future-focused business sectors.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store