01 January 2020

The UAE government has announced plans to build more than 17,873 new residential units across the country at an investment of Dh17.32 billion ($4.7 billion) over the next five years, under a major housing programme.

Besides this, a total of 5,134 houses will be built in residential neighbourhoods under construction, said Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and chairman of the Sheikh Zayed Housing Programme.

He was speaking at an event on the occasion of the UAE’s 48th National Day to highlight the key achievements of the Sheikh Zayed Housing Programme.

Established by the UAE’s founding father the late Sheikh Zayed, the programme has set strategic objectives which seek to meet the current and future residential needs of Emirati citizens; provide and develop the sustainable and innovative residential environment; and ensure provision of efficient administrative services.

Al Nuaimi said in 2019 the programme implemented over 11,000 individual homes and another 2,936 units as part of four housing neighbourhoods under construction. These units will be delivered in 2020 and 2021, respectively, he stated.

Under the scheme, the total number of residential units under construction in 2019 had risen to 13,946, revealed the minister. “The programme aims to construct 13,200 individual housing units in 2020,” he added.

According to him, the cost of the programme’s future projects is expected to hit Dh22.32 billion over the next five years.

Dr Al Nuaimi said 35,000 houses have been delivered in individual housing projects since the programme’s inception.  

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