Mubasher TV
Contact Us Advertising   العربية

UAE Cabinet passes new housing decisions for citizens at AED 1.6bn

UAE Cabinet passes new housing decisions for citizens at AED 1.6bn
Photo Archive

UAE – Mubasher: The UAE Cabinet approved 2,160 new housing decisions for citizens valued at AED 1.68 billion, according to the Emirates News Agency (WAM).

These decisions aim to achieve social stability in line with the UAE's ongoing policies to back empowerment in addition to ensuring a dignified life and suitable housing for all citizens.

Under the directives of Mohamed bin Zayed Al Nahyan, President of the UAE, the housing package includes 437 housing decisions worth AED 297.65 million to complete all previous housing grant requests with a total amount of AED 2.30 billion.

It also includes 1,654 housing financing decisions worth AED 1.30 billion as part of the new housing policy plan in collaboration with national banks and financial institutions. This is in addition to 69 government housing decisions worth AED 82.80 million.

Furthermore, the Cabinet passed the launch of the Manzili bundle for beneficiaries of the Sheikh Zayed Housing Programme. It will enhance the quality of digital government services.

Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE, said: "We approved during the Cabinet meeting, 2,160 new housing decisions for citizens under the Sheikh Zayed Housing Program valued at AED 1.682 billion.”

“We also approved a project to simplify and reduce procedures within the program in collaboration with 24 government entities. This will streamline the process, reducing the number of required documents for housing loan approval from 10 to 2," Al Maktoum indicated.

The Manzili bundle offers 18 housing services in collaboration with 24 federal and local government entities, simplifying the customer journey and required documents.

Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, stated: "The bundle supports the goals of advancing digital transformation and adopting technological solutions in designing future services.”

“This ensures the achievement of national objectives and strategies by providing integrated digital services, improving the lives of community members, and delivering leading services that enhance the happiness of citizens and facilitate their transactions,” Al Mazrouei highlighted.