UAE citizens benefit from AED 2.8 billion in housing support

Tuesday, 3 December 2019 07:08

The Sheikh Zayed Housing Programme has given at least AED 2.8 billion to support housing developments in the UAE so far this year.

It takes the total amount given since the programme began in 1999 to AED 17.5 billion.

The figure includes grants and loans to both build new homes and maintain existing ones, with the programme aimed at helping the UAE to meet the housing needs of its citizens.

Nearly 14,000 housing units are under construction this year as part of the programme's projects, with another 13,200 to be added in 2020.

Officials also added that the waiting period for applications has been slashed from eight years to several months.

More from Local

Variable Salik rates reduces Sheikh Zayed Road traffic by 9%

The introduction of variable Salik rates from January this year has helped reduce traffic flow on Sheikh Zayed Road by 9 per cent, new data released by the Roads and Transport Authority (RTA) has revealed.
UAE accuses Sudanese Armed Forces of misusing UN platforms

The UAE issued a strong statement accusing the Sudanese Armed Forces' (SAF) of exploiting the UN Security Council platform to disseminate disinformation.
UAE President holds talks with Lebanese leader Joseph Aoun

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held talks with Lebanese President Joseph Aoun in Abu Dhabi on Wednesday, in his first official visit to the country since taking office.
UAE authorities conduct air ambulance mission in Oman

Emirati authorities carried out an air ambulance mission for an injured person who "suffered a sudden health problem" in Oman, it was announced on Wednesday.
UAE President meets Ecuadorian leader in Abu Dhabi

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the President of the Republic of Ecuador, Daniel Noboa, met on Wednesday to discuss strengthening cooperation in economy, trade, renewable energy, sustainability, investment, tourism, and agriculture.

Coming Up on Dubai Eye

The Debrief
4:00pm - 7:00pm

Join Dane on Dubai Eye 103.8 for The Debrief from 4pm to 7pm, the perfect way to unwind after a busy day at the office.
The Score
7:00pm - 9:00pm

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

BUSINESS BREAKFAST LATEST

UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the USA
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
New iPhone Launch - Too Soon For Apple?
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Working From Home or Hardly Working?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?

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!

Search Dubai Eye 103.8

UAE citizens benefit from AED 2.8 billion in housing support

More from Local

Coming Up on Dubai Eye

BUSINESS BREAKFAST LATEST

On Dubai Eye

Our Shows

Quick Links

Listen on the Go

Search Dubai Eye 103.8

UAE citizens benefit from AED 2.8 billion in housing support

Share

More from Local

Coming Up on Dubai Eye

BUSINESS BREAKFAST LATEST

On Dubai Eye

Our Shows

Quick Links

Listen on the Go