Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved a historic housing budget of 65 billion dirhams (18 billion dollars) for the next twenty years for citizens of the Emirate of Dubai.
The Ruler of Dubai directed to quadruple the number of beneficiaries of the housing program in Dubai starting this year, and to double the land allocated for housing citizens in Dubai to reach 1.7 billion square feet, sufficient to meet the needs of citizens for the next twenty years.
The directives of Mohammed bin Rashid Al Maktoum come in light of the efforts to complete the development and urban model of the Emirate of Dubai, in a way that enhances a decent life for citizens and consolidates Dubai’s position as the best city for life in the world.
During the announcement of the new housing plans, the ruler of Dubai stressed that “dignified housing is a dignity… and a right for all… and a decent life for the people of the country is the first priority for the government’s work.”
He said, “The government housing program will be part of my personal follow-up… Hamdan and Maktoom will supervise the housing plan for citizens on an ongoing basis.”
He added, “Our goal is for Dubai to be the best city in the world to live in…and developing residential areas for citizens is the most important part of this vision.”
For his part, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, stressed the priority and importance of uniting efforts to implement the Dubai Urban Plan 2040, which was adopted by Sheikh Mohammed bin Rashid Al Maktoum to explore the future of cities and search for solutions and future housing needs that achieve family stability. and ensure a decent life for our people over the coming decades.
The Crown Prince of Dubai said: “The human being is at the center of our government plans that focus on enhancing the quality of life,” adding that the directives reflect the government’s keenness to provide adequate housing for citizens to enhance the stability of families and ensure their social security. and his future.
The Dubai Urban Plan 2040 draws an integrated map to achieve sustainable urban development in Dubai, centered on people and aiming to improve the quality of life and enhance the global competitiveness of the emirate, and contribute to providing multiple options for citizens, residents and visitors during the next twenty years.
The plan includes a strategic structural plan for the emirate for the next twenty years, and it integrates with all the master plans for urban development in the emirate, and its economic and strategic directions, and supports its growth
and its future development.