Dubai approves $572m new housing projects
A new AED2 billion ($572 million) housing package for Emirati citizens in Dubai was approved by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai.
The approval came following his visit Wadi Al Amardi housing project in Dubai. He was briefed on the progress of all ongoing housing projects during the visit, said a Wam news agency report.
During the tour, Sheikh Hamdan inspected the housing projects in Wadi Al-Amardi and reviewed plans for several new developments comprising more than 1,100 residential units for citizens. These projects are spread across four key areas including Wadi Al Amardi, Al Aweer, Hatta, and Oud Al Muteena.
Sheikh Hamdan said the new housing projects will feature modern designs that meet the aspirations of Emirati families, with well-planned communities offering advanced infrastructure, quality services, and comprehensive public facilities. He also praised the Mohammed Bin Rashid Housing Establishment team for their efforts in delivering projects that support well-being and stability of citizens, emphasising that this remains a key government priority.
A total of 1,163 housing units are currently under construction across several areas in the emirate, including: 432 units in Wadi Al-Amardi valued at AED767.9 million, 398 units in Al Aweer valued at AED734.1 million, 213 units in Hatta valued at AED508.5 million, and 120 units in Oud Al Muteena valued at AED113.8 million.
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