UAE approves housing benefits worth over $272m for January
DUBAI, 3 days ago
HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, has announced that approvals have been issued in January for housing benefits worth over AED1 billion ($272.2 million) under the Sheikh Zayed Housing Programme, reported Wam.
The UAE continues to enhance its housing system to support citizens and address their needs promptly and effectively, said Sheikh Mohammed, adding that this will benefit more than 1,300 citizens.
Efforts are underway to increase the number of beneficiaries throughout the year to address all pending applications, he added.
Reflecting on achievements in the housing sector over the past two years, he stated that 13,000 applications were processed and approved, with the current waiting period reduced to just two months – a timeline that ranks among the shortest globally.
