A dedicated lane has been added for vehicles travelling from the Clock Tower Roundabout towards Al Khaleej Street
transport10 hours ago
Thousands of new homes are being built across the country for Emiratis and will be handed over to the beneficiaries by the end of 2022, said a UAE minister.
On Tuesday, Suhail bin Muhammad Faraj Al Mazrouei, the Minister of Energy and Infrastructure, told members of the Federal National Council (FNC) that the ministry is constructing 9,500 new homes for the families of UAE citizens through the Sheikh Zayed Housing Programme.
"The ministry has developed a long-term housing strategy that extends to 2040, using Artificial Intelligence (AI) to predict housing needs and available land in the various emirates in the country,' said Al Mazrouei.
He added, "After communicating with thousands of beneficiaries of the Sheikh Zayed Housing Programme and listening to their various observations regarding housing design; the ministry finished identifying 100 housing design models, from which beneficiaries can choose any of them according to what suits their needs."
The minister pointed out that the percentage of UAE citizens owning housing at the state level will reach 86.3% by the end of 2021, which is one of the highest rates globally.
"This week, we will announce new housing projects and plans for the Zayed Housing Programme. This will make it easier for the beneficiaries to choose from the various plans and benefit from the program," said Al Mazrouei.
He noted that the Sheikh Zayed Housing Programme has completed 36,000 homes for Emiratis at a cost of Dh41 billion since its inception in 1999.
ALSO READ:
In 2018, authorities said that the waiting list for social housing was 2.76 years but expected this to fall to two years by 2021.
The Sheikh Zayed Housing Programme also provides loans to UAE citizens who want to buy or build a new home or maintain or extend their existing house.
If the applicant's loan is more than Dh10,000 it must be paid back, but this is interest-free.
According to authorities, if the applicant's salary is Dh15,000 or less, it is repaid at Dh1,666 a month over 25 years. And if the salary is above Dh15,000, 13.4 per cent of the salary is deducted for repayments.
ismail@khaleejtimes.com
A dedicated lane has been added for vehicles travelling from the Clock Tower Roundabout towards Al Khaleej Street
transport10 hours ago
The Umrah pilgrims can get access to the two holy mosques through 3 different options
gulf10 hours ago
Most residents in the country can expect partly cloudy to cloudy skies
weather10 hours ago
The mission expressed 'Doha's full commitment to support the Syrian people', a Qatari diplomat said
mena11 hours ago
Syria's de facto ruler, Ahmed al-Sharaa, has actively engaged with foreign delegations since assuming power, including hosting the UN's Syria envoy and senior US diplomat
mena12 hours ago
Imagine braving freezing temperatures of -25°C while running 42.2km in Antarctica and then catching flights to hit the ground again in South Africa, Australia, the UAE, Spain, Brazil, and the US
uae12 hours ago
One learner was at the Sharjah International Book Fair last month, working as an interpreter; she also hosted an Arabic podcast about SIBF
uae12 hours ago
'What drew me to this study was the realisation that no comprehensive fieldwork had been conducted in this area,' he said
uae13 hours ago