The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

UAE Elevates Housing Sector with AED120 Billion Initiatives for Families

UAE Elevates Housing Sector with AED120 Billion Initiatives for Families

Post by : Meena Hassan

In 2025, the United Arab Emirates made significant strides in its national housing programme, aimed at bolstering family stability and enhancing overall living conditions across the nation. The year saw the issuance of 3,567 housing approvals, amounting to AED2.546 billion, with about AED478 million allocated in the final quarter alone. Efforts included providing residential loans, government assistance for low-income families, and collaborative housing initiatives with national banks.

The Ministry of Energy and Infrastructure rolled out a fresh funding scheme for senior citizens, featuring insurance coverage until the age of 95, offering protection against death or total permanent disability.

In Abu Dhabi, agreements were reached to develop 13 residential communities worth AED106 billion, promising over 40,000 homes and land plots by 2029. Homeowners in this emirate were also granted new financial support mechanisms, including a community subsidy of AED250,000 to be deducted from housing loans of up to AED1.75 million, alongside extended repayment terms stretching up to 30 years. The total housing benefits disbursed in the emirate reached AED15.384 billion, aiding more than 10,700 residents.

Dubai announced housing endeavours worth AED5.4 billion, featuring the construction of 3,004 new homes. An extra AED2 billion was earmarked to build 1,100 units in areas such as Wadi Al-Amardi, Al Aweer, Hatta, and Oud Al Muteena. Additionally, the emirate kicked off an affordable housing programme tailored to deliver 17,000 units in its initial phase, targeting employees across essential strategic sectors.

Sharjah’s Executive Council granted land allocations to 3,500 recipients, split evenly between residential and investment plots.

These combined federal and local housing initiatives underscore the UAE’s dedication to fostering social stability alongside a thorough urban development strategy.

Dec. 30, 2025 3:14 p.m. 236
World News Abu Dhabi News Business News

More Trending News

Featured Stories

Bumrah Rested for ODIs, Focused on Upcoming T20I Series
Dec. 30, 2025 5:20 p.m.
Jasprit Bumrah will skip ODIs against New Zealand to manage fitness ahead of T20 World Cup 2026, participating in T20Is.
Read More
Jofra Archer Makes England’s T20 World Cup Squad Despite Injury Setback
Dec. 30, 2025 5:15 p.m.
Despite a left side injury, Jofra Archer is named in England's T20 World Cup squad for February. Joshua Tongue earns his debut call-up.
Read More
U.S. Bonds Excelled in 2025, but 2026 May Prove Challenging
Dec. 30, 2025 5:13 p.m.
U.S. bonds thrived in 2025, yet experts caution that 2026 might see slower returns due to anticipated Fed adjustments.
Read More
Insights from the Final Fed Minutes of 2025: Policy Disagreements Emerge
Dec. 30, 2025 5:10 p.m.
The final minutes from the Federal Reserve's 2025 meetings are set to reveal notable divisions regarding interest rate strategies and economic outlook.
Read More
Khaleda Zia, Bangladesh’s First Female Leader, Passes Away at 80
Dec. 30, 2025 5:08 p.m.
Khaleda Zia, a prominent figure in Bangladesh's politics and its first woman prime minister, has sadly passed away at 80 after a lengthy illness.
Read More
27% of Immigrants in the US Hesitate to Travel Due to Immigration Enforcement
Dec. 30, 2025 5:03 p.m.
A survey indicates that 27% of US immigrants refrain from traveling due to fears of immigration checks amid stricter policies.
Read More
Raihan Vadra, Son of Priyanka Gandhi, Engaged to Aviva Baig
Dec. 30, 2025 4:54 p.m.
Raihan Vadra and photographer Aviva Baig celebrate their engagement after seven years together, joining two creative families.
Read More
Mohanlal's Mother Santhakumari Passes Away at Age 90 in Kochi
Dec. 30, 2025 4:16 p.m.
Santhakumari, mother of Mohanlal, has passed away at 90 in Kochi. Remembered for her strength and unwavering support, she leaves behind a lasting legacy.
Read More
Ceasefire Between Thailand and Cambodia Reaches 72 Hours, Challenges Persist
Dec. 30, 2025 3:42 p.m.
After 72 hours of ceasefire, Thailand delays the release of Cambodian soldiers amid drone tensions along the border.
Read More
Sponsored
Trending News