Signing an Agreement to Implement Affordable Housing Projects in Dubai

Within the framework of making Dubai the best city to live in the world, which is one of the key pillars of the Dubai 2040 Urban Master Plan, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, witnessed the signing of an agreement to implement a series of affordable housing projects in the emirate. The agreement was signed between the Roads and Transport Authority (RTA), Dubai Municipality, and Wasl Group.

The agreement was signed by His Excellency Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of the RTA, and Chairman of the Supreme Committee for Urban Planning, and His Excellency Marwan bin Ghalita, Director General of Dubai Municipality, and His Excellency Hesham Abdulla Al Qassim, Chief Executive Officer of Wasl Group.

The first phase of the housing projects covers six areas across Muhaisnah 1, Al Twar 1, Al Qusais Industrial Area 5, and Al Leyan 1, with a combined area of approximately 1.46 million square metres. The development will deliver more than 17,000 residential units, catering to skilled professionals of various nationalities working in strategic positions in both public and private sectors, at affordable rental rates.

For more information, click on the link below:
http://dubai2040.ae/en/hamdan-bin-mohammed-witnesses-signing-of-an-agreement-to-implement-affordable-housing-projects-in-dubai/