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Hamdan bin Mohammed Approves AED2 Billion Housing Package for Emiratis in Dubai
Hamdan bin Mohammed Approves AED2 Billion Housing Package for Emiratis in Dubai

Hi Dubai

time15-05-2025

  • Business
  • Hi Dubai

Hamdan bin Mohammed Approves AED2 Billion Housing Package for Emiratis in Dubai

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has approved a housing package worth over AED2 billion to support Emirati families, reaffirming the government's commitment to citizen welfare and sustainable urban development. The announcement came during Sheikh Hamdan's visit to the Wadi Al Amardi housing project, where he reviewed ongoing developments and inspected model homes designed to meet modern living standards. He also examined future plans that include over 1,100 residential units across four key areas in Dubai: Wadi Al Amardi, Al Aweer, Hatta, and Oud Al Muteena. Sheikh Hamdan emphasized that the new housing projects aim to provide Emirati families with modern, well-integrated communities featuring advanced infrastructure, essential public services, and sustainable design. He praised the efforts of the Mohammed Bin Rashid Housing Establishment, noting that enhancing the well-being and stability of citizens remains a top priority for the Dubai government. Currently, 1,163 homes are under construction. These include 432 units in Wadi Al Amardi valued at AED767.9 million, 398 in Al Aweer at AED734.1 million, 213 in Hatta worth AED508.5 million, and 120 in Oud Al Muteena at AED113.8 million. The housing initiative aligns with Dubai's broader vision to develop inclusive, future-ready communities that reflect the needs and aspirations of its people. News Source: Emirates News Agency

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