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UAE invests billions to bolster citizen housing

Gulf Today

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March 30, 2025

The UAE’s housing sector for citizens witnessed a significant boost in the first quarter of 2025, designated as the ‘Year of Community,’ with the launch of extensive initiatives and projects reflecting the leadership’s commitment to family stability and well-being.

UAE invests billions to bolster citizen housing

The UAE is leveraging its citizen housing sector at both federal and local levels through an ambitious strategy focused on innovation and excellence in solutions and services.

This has contributed to a citizen homeownership rate exceeding 91% by the end of 2024, among the highest globally.

In January, over Dh31 billion in housing approvals were granted under the Sheikh Zayed Housing Programme to more than 3,100 citizens. The number of beneficiaries will increase throughout the year to meet all submitted housing requests.

The current waiting time for housing approval fromthe programme is only two months, which is among the shortest globally.

Since its establishment in 1999 until the end of 2024, the Sheikh Zayed Housing Programme has supported over 100,000 Emirati citizens with an allocation of Dhs60 billion.

In Abu Dhabi, a housing benefits package worth Dhs6.75 billion has been approved, benefiting 4,356 Emirati citizens across the emirate.

Gulf Today

This story is from the March 30, 2025 edition of Gulf Today.

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