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What's On
19-03-2025
- Business
- What's On
Have you heard of Abu Dhabi's new housing programme?
Fostering the spirit of community… Only six months ago, the Abu Dhabi Real Estate Centre (ADREC) launched the Abu Dhabi Rental index, which offers renters, buyers, and owners data-driven insights into Abu Dhabi's rental market. Now, Abu Dhabi's Department of Municipalities and Transport (DMT) has launched the Value Housing Programme, aimed at enhancing the city's real estate market. The new initiative, whose rollout has been planned in stages, is a partnership between the DMT, Sdeira Group and Central Holding Group, and will aim to provide high-quality, affordable housing for individuals and families, in line with the UAE's vision of 2025 as the Year of Community. It will focus on creating sustainable housing in the UAE capital, while helping to meet growing demand. And while cutting-edge tech and innovation are expected to headline these new housing projects, it all comes down to what the UAE's Year of Community vision stands for – family unity, social cohesion, and collective solidarity to drive national progress and development. Abu Dhabi has been ranked the most liveable city in the MENA region by the Economist Intelligence Unit's Global Liveability Index 2024, and the new Value Housing Programme will build on this accolade. The UAE capital's housing market is experiencing unprecedented growth, and initiatives such as the new programme ensure multiple benefits including sustainable housing, healthy supply, an improved standard of living and a stronger sense of community – while reshaping the city's real estate landscape. > Sign up for FREE to get exclusive updates that you are interested in
Khaleej Times
17-03-2025
- Business
- Khaleej Times
Abu Dhabi launches new affordable housing initiative to boost quality of life
In an effort to enhance the real estate landscape and improve the quality of life for its residents, Abu Dhabi is rolling out a new initiative focused on affordable, high-quality housing. Value Housing Programme will be rolled out in phases, with a focus on improving living standards for individuals and families. Launched by the Department of Municipalities and Transport (DMT), the initiative also aims to strengthen social integration and foster community bonds, which are central to the Year of Community. By offering affordable, high-quality housing, the programme emphasises the commitment to building dynamic, inclusive communities. As part of this initiative, DMT has signed Memorandums of Understanding (MoUs) with Sdeira Group (formerly KEZAD Communities) and Central Holding Group (CHG). By leveraging their extensive global experience, the partnership between DMT and CHG aims to drive collaboration, share knowledge, and amplify the effectiveness and impact of affordable housing across Abu Dhabi. Commenting on the initiative, Mohamed Ali Al Shorafa, Chairman of DMT, noted that the MoU agreements aim to create vibrant and thriving neighbourhoods that would set new benchmarks for quality and innovation. 'These partnerships underscore our dedication to delivering housing solutions that adhere to our principles of inclusivity and sustainability. They are a crucial step in addressing the growing demand for housing in the Emirate, while improving living standards and providing avenues for everyone to access housing that enhances their well-being,' Al Shorafa said. DMT is also committed to working closely with investors, developers, and partners to drive the programme forward. Through strategic partnerships, the department aims to reshape the real estate sector and ensure the versatility of Abu Dhabi's housing market, offering diverse options for all segments of society. Furthermore, the DMT is committed to working closely with investors, developers, and partners to identify new opportunities and drive the Value Housing Programme forward. These efforts contribute to Abu Dhabi's recognition as the most liveable city in the MENA region, according to the Economist Intelligence Unit's (EIU) Global Liveability Index 2024.
Zawya
17-03-2025
- Business
- Zawya
DMT launches new value housing programme in Abu Dhabi
The Department of Municipalities and Transport (DMT) has announced the launch of a new Value Housing Programme to bolster versatility in the emirate's real estate market. The initiative, which will be rolled out in strategic phases, aims to improve the living standards for individuals and families alike, strengthening social integration and foster community bonds– which form key elements underpinning the Year of Community. By ensuring the housing units are both affordable and of exceptional quality, the programme underscores a commitment to cultivating dynamic and inclusive communities. As part of this effort, DMT signed a Memorandum of Understanding (MoU) with Sdeira Group (formerly KEZAD Communities) to develop a range of residential units and commercial assets. The Group was selected for its strong reputation in Abu Dhabi, with extensive expertise in real estate, investment, and asset management. DMT has also signed an MoU with Central Holding Group (CHG), a leading investment, asset management, and real estate firm. CHG was chosen for its proven expertise in real estate development, both locally and internationally, mixed with pioneering strategies that integrate cutting-edge technologies across the Group's real estate projects. By leveraging their extensive global experience, the partnership between DMT and CHG aims to drive collaboration, share knowledge, and amplify the effectiveness and impact of affordable housing across Abu Dhabi. Commenting on the initiative, Mohamed Ali Al Shorafa, Chairman of DMT, noted that the MoU agreements aim to create vibrant and thriving neighbourhoods that would set new benchmarks for quality and innovation. 'These partnerships underscore our dedication to delivering housing solutions that adhere to our principles of inclusivity and sustainability. They are a crucial step in addressing the growing demand for housing in the Emirate, while improving living standards and providing avenues for everyone to access housing that enhances their well-being,' Al Shorafa said. Furthermore, the Department is committed to working closely with investors, developers, and partners to identify new opportunities and drive the Value Housing Programme forward. By fostering strategic partnerships, it seeks to drive sustained growth, reshape the real estate sector, and ensure the versatility of Abu Dhabi's housing market by offering diverse options for all segments of society. These efforts not only support the Emirate's high standards of liveability but have also contributed to Abu Dhabi being recognised as the most liveable city in the MENA region by the Economist Intelligence Unit's (EIU) Global Liveability Index 2024.
Al Etihad
17-03-2025
- Business
- Al Etihad
Department of Municipalities and Transport launches Value Housing Programme in Abu Dhabi
17 Mar 2025 15:18 ABU DHABI (ALETIHAD)The Department of Municipalities and Transport (DMT) has launched the Value Housing Programme to bolster versatility in the emirate's real estate programme, which will be rolled out in strategic phases, aims to improve the living standards for individuals and families alike, strengthening social integration and fostering community bonds – which form key elements underpinning the UAE Year of ensuring the housing units are both affordable and of exceptional quality, the programme underscores a commitment to cultivating dynamic and inclusive part of this effort, DMT signed an agreement with Sdeira Group (previously KEZAD Communities) to develop a range of residential units and commercial assets. DMT also signed an agreement with Central Holding Group, a leading real estate and asset management company in Abu Dhabi, to promote collaboration, facilitate the exchange of knowledge and expertise, and enhance the efficiency and impact of housing initiatives across the Excellency Mohamed Ali Al Shorafa, Chairman of DMT, said the agreements aim to create vibrant and thriving neighbourhoods that would set new benchmarks for quality and Excellency said: 'These partnerships underscore our dedication to delivering housing solutions that adhere to our principles of inclusivity and sustainability. They are a crucial step in addressing the growing demand for housing in the emirate, while improving living standards and providing opportunities for everyone to access housing that enhances their wellbeing.'The department is committed to working closely with investors, developers, and partners to identify new opportunities and drive the Value Housing Programme forward. By fostering strategic partnerships, it seeks to drive sustained growth, reshape the real estate sector, and ensure the versatility of Abu Dhabi's housing market by offering diverse options for all segments of society. These efforts not only support the emirate's high standards of liveability but have also contributed to Abu Dhabi being recognised as the most liveable city in the MENA region by the Economist Intelligence Unit's (EIU) Global Liveability Index 2024. Year of Community Continue full coverage
