Dubai has announced plans to allocate 3,500 plots of land and 2,300 ready-to-move-in houses valued at AED5.5 billion ($1.5 billion) to citizens across the emirate.
The project was approved by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, as part of a series of transformative projects for the year 2024 under the Dubai Social Agenda 33, which is inspired by the overarching theme of ‘Family: The Foundation of Our Nation’.
One of the key objectives of the AED208-billion Dubai Social Agenda programme is to double the number of Emirati families in the emirate within a decade.
Sheikh Mohammed also issued directives to name the new area designated for the housing project for citizens as ‘Latifa City’.
Latifa City pays tribute to the memory of Sheikh Mohammed’s mother, Sheikha Latifa bint Hamdan bin Zayed Al Nahyan.
The housing plots earmarked for citizens cover an area spanning 40 million sq ft, with eligible citizens from Dubai to be handed over ownership this month.
These include 2,700 plots in Latifa City and 800 plots in Al Yalayis 5 area. The 2,300 new houses for citizens are located across areas in Al Khawaneej 2, Al Aweer, Wadi Al Amardi, and Hatta.