Dubai Launches Major Affordable Housing Initiative to Boost Urban Livability
Dubai has taken a major step toward inclusive urban living with the launch of a new wave of affordable housing projects, following an agreement signed in the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council.
The Roads and Transport Authority (RTA), Dubai Municipality, and Wasl Group signed the agreement to develop more than 17,000 residential units across six key areas, including Me'aisem 1, Al Twar 1, and Al Qusais Industrial Area 5. Spanning 1.46 million square metres, the projects aim to provide high-quality housing at affordable rents, targeting skilled professionals from both public and private sectors.
The initiative aligns with directives from The Executive Council and supports the Dubai 2040 Urban Master Plan and the Affordable Housing Policy. These efforts seek to create vibrant, inclusive communities with improved access to services, efficient connectivity, and reduced commuting times. 'This programme reflects our leadership's commitment to community well-being,'
said HE Mattar Al Tayer, Director General of the RTA. 'It will help cut living costs, improve employee satisfaction, and support a more balanced urban lifestyle.'
HE Marwan bin Ghalita of Dubai Municipality emphasized the initiative's role in strengthening Dubai's social fabric and enhancing quality of life, while HE Hesham Al Qassim of Wasl Group noted its contribution to sustainable, future-ready housing.
The first phase of development will serve as a model for future projects aimed at optimising land use and meeting the diverse needs of Dubai's growing population. The programme also supports the UAE's broader goal of making 2025 the 'Year of Community.'
News Source: Dubai Media Office
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