Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, announces a Dh6.3 billion housing package for Emiratis. Photo: Supplied
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, announces a Dh6.3 billion housing package for Emiratis. Photo: Supplied
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, announces a Dh6.3 billion housing package for Emiratis. Photo: Supplied
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, announces a Dh6.3 billion housing package for Emiratis. Photo: Supplied

Sheikh Mohammed bin Rashid announces Dh6.3bn Dubai housing package for Emiratis


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Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, on Sunday announced the approval of a Dh6.3 billion ($1.7bn) investment project to provide housing and land for more than 4,600 Emiratis.

Sheikh Mohammed said a plan to construct a housing complex in Al Khawaneej, which will include 1,100 residential villas, was also approved.

The initiatives are part of a strategy to provide high living standards for citizens.

Sheikh Mohammed confirmed the projects on Twitter, accompanied by a video outlining Dubai's plans to support its citizens.

Last September, Sheikh Mohammed said Dh65bn would be allocated to a housing programme in Dubai for UAE citizens over the next two decades.

"Quality housing is a dignity and a right for all," Sheikh Mohammed said at the time.

"A decent life for the people of the country is the first priority for the government’s work."

In November, Sheikh Mohammed set out Dubai housing projects worth Dh3.8 billion under a plan to provide the best living environment for families.

The programme will include the distribution of 2,000 residential plots, 900 villas and a Dh500 million complex for small families, Sheikh Mohammed said.

In February it was revealed Dubai had started to build 803 new homes for Emiratis under a Dh1.2 billion project.

The additional housing is to serve Al Kawaneej 2 and Al Warqa districts of the emirate.

The initiative is being overseen by Mohammed bin Rashid Housing Establishment.

A Dh10 billion package encompassing housing loans, plots of land and homes for Emiratis in Abu Dhabi was also announced in November.

It also includes the exemption of 10,032 low-income retirees and families of deceased mortgagors from repayments, Abu Dhabi Media Office said.

It comes under the directives of President Sheikh Khalifa and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces.

The continued investment in housing infrastructure in Dubai comes as the emirate's population booms.

  • Beaches will be extended by 400 per cent and 60 per cent of Dubai will be nature reserves under the 2040 plan. Courtesy: Sheikh Mohammed bin Rashid Twitter
    Beaches will be extended by 400 per cent and 60 per cent of Dubai will be nature reserves under the 2040 plan. Courtesy: Sheikh Mohammed bin Rashid Twitter
  • Beaches will be extended by 400 per cent and 60 per cent of Dubai will be nature reserves under the 2040 plan. Courtesy: Sheikh Mohammed bin Rashid Twitter
    Beaches will be extended by 400 per cent and 60 per cent of Dubai will be nature reserves under the 2040 plan. Courtesy: Sheikh Mohammed bin Rashid Twitter
  • Historical images of Sheikh Mohammed bin Rashid and Sheikh Rashid, former Ruler of Dubai, at the presentation of the Dubai 2040 plan. Courtesy: Dubai Media Office
    Historical images of Sheikh Mohammed bin Rashid and Sheikh Rashid, former Ruler of Dubai, at the presentation of the Dubai 2040 plan. Courtesy: Dubai Media Office
  • The Dubai Urban Master Plan 2040, signed by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Dubai Media Office
    The Dubai Urban Master Plan 2040, signed by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Dubai Media Office
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, at an exhibition of the Dubai 2040 plan. Courtesy: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, at an exhibition of the Dubai 2040 plan. Courtesy: Dubai Media Office
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, signs the Dubai Urban Master Plan 2040. Courtesy: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, signs the Dubai Urban Master Plan 2040. Courtesy: Dubai Media Office
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, launches the Dubai 2040 Urban Master Plan. Wam
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, launches the Dubai 2040 Urban Master Plan. Wam
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, at an exhibition of the Dubai 2040 plan. Courtesy: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, at an exhibition of the Dubai 2040 plan. Courtesy: Dubai Media Office
  • Sixty per cent of Dubai will be covered in nature reserves, under the 2040 plan unveiled by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Sheikh Mohammed bin Rashid Twitter
    Sixty per cent of Dubai will be covered in nature reserves, under the 2040 plan unveiled by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Sheikh Mohammed bin Rashid Twitter
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, launch the Dubai 2040 Urban Master Plan. Wam
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, launch the Dubai 2040 Urban Master Plan. Wam
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, launches the Dubai 2040 Urban Master Plan. Wam
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, launches the Dubai 2040 Urban Master Plan. Wam
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, launch the Dubai 2040 Urban Master Plan. Wam
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, launch the Dubai 2040 Urban Master Plan. Wam
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, launched the Dubai 2040 plan with a move to overhaul the emirate's landscape. Courtesy: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, launched the Dubai 2040 plan with a move to overhaul the emirate's landscape. Courtesy: Dubai Media Office
  • The Dubai Urban Master Plan 2040, signed by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Dubai Media Office
    The Dubai Urban Master Plan 2040, signed by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Courtesy: Dubai Media Office
  • Since 1960, Dubai has implemented seven urban plans to keep up with the emirate's growing population. Courtesy: Dubai Media Office
    Since 1960, Dubai has implemented seven urban plans to keep up with the emirate's growing population. Courtesy: Dubai Media Office
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, unveils the 2040 plan to overhaul the city's urban landscape. Courtesy: Sheikh Mohammed bin Rashid Twitter
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, unveils the 2040 plan to overhaul the city's urban landscape. Courtesy: Sheikh Mohammed bin Rashid Twitter
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, unveils the 2040 plan to overhaul the city's urban landscape. Courtesy: Sheikh Mohammed bin Rashid Twitter
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, unveils the 2040 plan to overhaul the city's urban landscape. Courtesy: Sheikh Mohammed bin Rashid Twitter
  • Since 1960, Dubai has brought in eight urban plans to keep up with the emirate's growing population. Courtesy: Dubai Media Office
    Since 1960, Dubai has brought in eight urban plans to keep up with the emirate's growing population. Courtesy: Dubai Media Office

Numbers of those living in the emirate have passed the 3.5 million mark as a result of a post-coronavirus pandemic rise in migration.

Dubai Statistics Centre's live population counter stood at 3,500,105 on Thursday.

Between the end of 2020 and April 2022, the population rose by close to 100,000.

Population growth is a major goal for the emirate's government, with a target of 5.8 million people by 2040 and an expansion of Dubai planned.

Updated: April 24, 2022, 2:40 PM