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Emirati Citizens Will Now Benefit From Land Plots And Mortgages Worth AED5.6 Billion
Working to ensure that Emiratis enjoy the HIGHEST standards of living, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued directives to allocate 3,000 land plots and mortgages worth a total of AED5.6 billion ($1.52 billion) to UAE citizens.
The decision seeks to provide UAE citizens with housing that meets their needs, in reflection with HH Sheikh Mohammed’s keenness to help local Emirati families live a life of prosperity and happiness.
As stated by Director General of Dubai Municipality Dawood Al Hajri.
وجهنا اليوم بتخصيص قروض وأراضي سكنية للمواطنين بدبي بقيمة 5.6 مليار درهم .. 3000 قطعة أرض سيتم منحها للمواطنين بعد العيد مباشرة مع توفير أفضل المرافق والخدمات في المناطق الجديدة ..مستمرين في العمل ..مستمرين في بناء الوطن .. مستمرين في بناء حياة أفضل للجميع .. وكل عام وأنتم بخير
— HH Sheikh Mohammed (@HHShkMohd) May 22, 2020
As reported by the Dubai Media Office, ‘one set of plots will be allotted in a 274-hectare piece of land in Nad Hessa located on Sheikh Mohammed bin Zayed Road, while the second set of plots will be allotted in a 128-hectare land in Al Aweer.’
In his capacity as Ruler of #Dubai, @HHShkMohd issues directives to allocate 3,000 land plots and mortgages worth a total of AED5.6 billion to citizens.https://t.co/kqmUz4k9VN pic.twitter.com/wlcwNlBBu9
— Dubai Media Office (@DXBMediaOffice) May 22, 2020
Minimum custom amount to enter is AED 2
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