AED 5.6 billion worth property benefits for eligible UAE nationals

iStock [illustration]

In a new directive, the ruler of Dubai has allocated 3,000 land plots and mortgages worth a total of AED 5.6 billion for eligible UAE nationals.

The decision by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, reflects his keenness to help Emirati citizens and families live a life of prosperity and happiness.

According to the Director General of Dubai Municipality Dawood Al Hajri, one set of plots will be allotted in a 274 hectare piece of land in Nad Hessa, while the second set of plots will be in a 128 hectare land in Al Aweer.

The plots will be distributed after Eid Al Fitr, he said.

More from Local

Coming Up on Dubai Eye

  • The Score

    7:00pm - 9:00pm

    Hosted by Chris McHardy, The Score is your comprehensive guide to the world of sport.

  • The Music Mix

    9:00pm - 11:00pm

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!