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Mohammed bin Rashid: Over Dh1 billion in housing approvals for 1,300 citizens in January

Mohammed bin Rashid: Over Dh1 billion in housing approvals for 1,300 citizens in January
24 Jan 2025 20:58

DUBAI (WAM)

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, stated that the UAE continues to enhance its housing system to support citizens and address their needs promptly and effectively.

H.H. Sheikh Mohammed bin Rashid said that approvals issued in January under the Sheikh Zayed Housing Programme benefited over 1,300 citizens with a total value exceeding Dh1 billion.

His Highness added that efforts are underway to increase the number of beneficiaries throughout the year to address all pending applications.

Reflecting on achievements in the housing sector over the past two years, H.H. Sheikh Mohammed bin Rashid noted that 13,000 applications were processed and approved, with the current waiting period reduced to just two months – a timeline that ranks among the shortest globally.

His Highness further underlined the UAE's commitment to fostering family stability through continuous improvements in housing services, emphasising the development of an integrated system to streamline approvals across funding and housing entities. The aim, he said, is to eventually enable approvals within a single day.

The UAE remains committed to advancing its national housing system through comprehensive strategies that ensure sustainability in the delivery of housing services, with the Sheikh Zayed Housing Programme playing a central role in realising this vision.

Source: WAM
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