H.H. Sheikh Mohammed: Over AED 1 billion in housing approvals in January

File Picture

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, reaffirmed the country's commitment to enhancing its housing system to meet the needs of citizens quickly and effectively.

Sheikh Mohammed announced that over 1,300 citizens have benefited from approvals issued in January under the Sheikh Zayed Housing Programme, with a total value exceeding AED 1 billion.

He added that efforts are ongoing to increase the number of beneficiaries and address all pending applications throughout the year.

Reflecting on progress in the housing sector, Sheikh Mohammed highlighted that 13,000 applications were processed and approved in the past two years, reducing the waiting period to just two months, one of the shortest timelines globally.

Emphasizing the importance of family stability, His Highness underscored the UAE's continuous improvements in housing services, aiming to create a seamless, integrated system that will eventually allow approvals within a single day.

More from Local

Coming Up on Dubai Eye

  • Motor Mania

    10:00am - Noon

  • The Best of Dubai Eye 103.8

    Noon - 4:00pm

    Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

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!