#housing

Sheikh Zayed Housing Programme

Sheikh Zayed Housing Programme approves Dhs298.7m in aid

The MoEI issued the aid via 432 decisions on applications for house construction, completion, purchase, maintenance and upgrades

Saudi Real Estate Refinance Company reduces LTFR on mortgages

Saudi Real Estate Refinance Company lowers long-term finance rate on mortgages

The rates for mortgages shorter than 20 years remain the same

Sheikh Mohammed issues directives to rename Al Minhad area

The newly named Hind City includes four zones, spans an area of 83.9km, and includes housing for Emiratis

Dubai Higher Committee approves allocation of 2000 residential land plots

Dubai Higher Committee approves allocation of 2,000 residential land plots

The step comes as part of the Housing Programme for Dubai Citizens, to meet the requirements and needs of Emirati families

UAE President

UAE President orders Dhs1.5bn housing benefits to Abu Dhabi citizens

The benefit will cover more than 1,100 beneficiaries in the emirate

Sheikh Mohamed bin Zayed Al Nahyan has ordered the completion of all housing grant applications submitted in previous years through the Sheikh Zayed Housing Programme, at a total cost of around Dhs2.3b

Sheikh Mohamed bin Zayed orders completion of pending housing grant applications

The President has ordered the completion of all housing grant applications through the Sheikh Zayed Housing Programme, at a total cost of around Dhs2.3bn

by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

Sheikh Mohammed approves Dhs6.3bn housing package for Emiratis in Dubai

The development of a new housing complex in Al Khawaneej area 2, which will include 1,100 residential villas, was also approved

Sheikh Mohammed bin Rashid Al Maktoum

UAE cabinet approves housing loans budget of Dhs12bn for Sheikh Zayed Housing Programme

The cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met at Expo 2020 Dubai

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council

Sheikh Hamdan approves housing loans worth Dhs600m

A total of 600 housing loans are to be provided by the Mohammed bin Rashid Housing Establishment

UAE cabinet

UAE cabinet approves conditions for housing loans exemptions for Emiratis

The cabinet during a meeting on Monday also approved a National Medicine Policy and a national strategy for cultural and creative industries

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum

Sheikh Hamdan approves digital platform for Emirati housing programme in Dubai

The Dubai Crown Prince also approved prioritising allocation of residential land plots and housing units to first-degree family members in the same residential area

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed allocates Dhs65bn to Emirati housing programme in Dubai

The Ruler of Dubai also issued directives to quadruple the number of citizens benefiting from the housing programme effective from next year

Saudi Arabia’s Fannie Mae buys up $800m of mortgages

The refinancing company was established to buy home loans from banks and other finance companies, freeing up the lenders to book more mortgages

Abu Dhabi aims to attract skilled expats by making life cheaper

Abu Dhabi is the 39th most expensive place for expatriates, according to New York-based consultant Mercer, more costly than Boston or Milan

Kuwait’s housing authority sacks 135 foreign workers, aims to be ‘expat-free’ by May 2021

The decision is part of the government’s strategy to ‘Kuwaitise’ jobs in the public sector

Dubai’s housing market ‘oversupplied’ despite drop in prices – UBS

The Dubai residential market is expected to bottom out soon, states study