Dubai Crown Prince and Chairman of The Executive Council of Dubai, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has approved the launch of a digital platform for Emiratis enrolled in the Dhs65bn housing programme to exchange grants, land plots and housing units among themselves.
According to reports, the budget will be spent over the next two decades to provide housing for Emiratis to meet the demand from citizens over that period.
In the same vein, the Crown Prince approved prioritising the allocation of residential land plots and housing units to first-degree family members in the same residential area in Dubai.
The programme is part of the Dubai 2040 Urban Master Plan which aims to advance the emirate’s urban growth and sustainable development and improve the quality of life for the city’s residents.
The housing programme features the provision of 4,000 plots of land for Emirati citizens, and an increase in the total area of land plots allocated to Emirati citizens to 1.7 billion square feet in order to meet the needs of citizens over the next 20 years.