Sheikh Mohammed raises the value of housing loans for Emiratis in Dubai
- 27 Sep 2021
Sheikh Mohammed Bin Rashid Al Maktoum
Gulf Today, Staff Reporter
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, directed the authorities to raise the value of the housing loans for Emiratis in Dubai.
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Sheikh Mohammed said on Twitter, “Today, we approved raising the value of the housing loans for citizens in Dubai to one million dirhams… We directed the immediate start of allocating 4,000 plots of land and housing for citizens at a cost of Dhs5.2 billion... As we mentioned previously, I will follow up with Hamdan and Maktoom the housing policy myself during the coming period…”