Middle East

High Commission for Development and Citizenship Approves Immediate Allocation of 2000 Residential Lands at Ummnahad Force

Sheikh Hamdan bin Mohammed bin Rashid, the Crown Prince and Chairman of Dubai, under the direction of High Commissioner Sheikh Mohammed bin Rashid al-Maktoum, Prime Minister and Ruler of the Emirate of Dubai -Members of the Dubai Executive Council, chaired by the Al-Maktoum High Commission, have approved an immediate allocation of 2000 residential land to Area 4 of Ummnahad.

This step is part of a housing program for Dubai citizens to meet the requirements and needs of the Emiratis family.

“Under the direction and follow-up of His Royal Highness Sheikh Mohammed bin Rashid al-Maktoum, we were on a meeting of the High Commission on Development and Civil Affairs, 2000 residential land in Ummnahad Region 4. Approved Immediate Assignment of. Dubai Housing Program. We continuously follow up on the Housing Program file to meet all the needs of our citizens and implement His Highness’s directives to improve the quality of life. The High Commission’s priority is to provide citizens with active and prompt support, “said Sheikh Hamdan bin Mohammed.

The Directive of His Royal Highness Sheikh Mohammed bin Rashid Al Maktoum covers 2000 residential land allocations at Umm Nahad Force. Starting July 27, 2022, these parcels will be distributed to eligible citizens approved by the Mohammed bin Rashid Housing Establishment through the Maskani app. This allows citizens to choose the location of the parcel that suits them. We will prioritize the accommodation of families in the area and provide facilities and services to ensure the welfare of residents in line with the area’s growth plan.

His Highness Sheikh Mohammed bin Rashid Al Maktoum raises the value of Dubai citizens’ mortgages to A $ 1 million as part of His Highness’s enthusiasm to increase family stability and provide the highest standards of living. Approved. For the citizens. In addition, the package includes reducing the monthly deduction for mortgage repayments to 15% of the borrower’s monthly income, eliminating conditions that require a certain balance to acquire residential land, and some Mohammed. It also included lowering the price of homes in Bin Rashid Housing. About 10% to facilitate the purchase of citizens.

Various initiatives have been approved to help citizens build residential villas in Dubai. This includes a mortgage mortgage exemption that applies to approved mortgages and an electrical connection fee waiver for citizens who build their first home, provided the construction cost does not exceed A $ 4 million. In order to enhance family ties and social cohesion, it is prioritized to accommodate members of the same family in the same area.

His Highness Sheikh Mohammed bin Rashid Al Maktoum had previously approved an A $ 65 billion housing budget for Dubai’s residential citizens over the next 20 years. These directives complement the emirate’s development model under Dubai 2040 City Planning and realize his vision of nobility to ensure the highest standards of livelihood for citizens and make Dubai the most livable city in the world. It is part of the effort.

http://www.eyeofriyadh.com/news/details/higher-committee-for-development-and-citizens-affairs-approves-immediate-allocation-of-2000-residential-land-plots-at-umm-nahad-fourth High Commission for Development and Citizenship Approves Immediate Allocation of 2000 Residential Lands at Ummnahad Force

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