Close Menu
    What's New

    BenQ Unveils AI-Powered RP05 Interactive Whiteboard for Future-Ready Classrooms in the Middle East

    June 11, 2026

    This free children’s theatre festival in Dubai is giving kids a break from screens

    June 11, 2026

    DCO launches Global Expert Community to accelerate international digital cooperation

    June 11, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    The Gulf GazetteThe Gulf Gazette
    • Home
    • UAE
    • KSA
    • GCC
    • Technology
    • Lifestyle
    • Sports
    The Gulf GazetteThe Gulf Gazette
    Home»UAE»Sheikh Zayed Housing Programme issues 759 housing approvals in Q1 2026 worth AED616 Million
    UAE

    Sheikh Zayed Housing Programme issues 759 housing approvals in Q1 2026 worth AED616 Million

    Editorial TeamBy Editorial TeamMay 5, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    DUBAI, 5th May, 2026 (WAM) — The Ministry of Energy and Infrastructure, represented by the Sheikh Zayed Housing Programme, announced the issuance of 759 housing approvals during the first quarter of 2026, with a total value exceeding AED616 million.

    These included: 129 housing grants and benefits worth AED102.9 million, 583 housing loans and financing solutions, delivered in partnership with national banks, valued at AED460.5 million, and 47 government housing loans within residential complexes worth AED53.2 million.

    This milestone reflects the accelerating pace of delivery and the growing efficiency and sustainability of the UAE’s housing support system.

    This strong performance builds on the programme’s track record since its establishment in 1999, during which it has issued over 73,000 housing support decisions nationwide, valued at more than AED50 billion. The programme offers an integrated suite of housing solutions tailored to meet citizens’ diverse needs, contributing to family stability and enhancing quality of life.

    The public-private partnership model in housing finance has marked a major shift in sector efficiency. It has helped eliminate more than 12,000 backlog applications, increased the fulfillment rate from 34 percent to 94 percent, and supported achieving a 91 percent home ownership rate, demonstrating the effectiveness and long-term socio-economic impact of the UAE’s housing policies.

    Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, said, “The rapid progress witnessed in the UAE’s housing sector reflects the forward-looking vision of our leadership and its commitment to providing adequate housing for citizens as a cornerstone of family stability and a key pillar of quality of life. The UAE’s housing policies are based on an integrated approach that places people at the forefront, translating the leadership’s directives into building a cohesive, prosperous, and stable society.”

    He added that these efforts align with the UAE’s broader vision of developing more prosperous, resilient, and sustainable cities and communities, in line with the goals of “We the UAE 2031” and the UAE Centennial 2071, through the development of a comprehensive housing ecosystem that supports citizens’ wellbeing.

    Engineer Mohammed Al Mansoori, Undersecretary for Infrastructure and Transport Affairs at the Ministry of Energy and Infrastructure, said, “The UAE’s housing ecosystem is undergoing a strategic transformation driven by innovative financing models, stronger private sector partnerships, and the adoption of smart solutions that enhance service efficiency and accelerate housing delivery in a sustainable manner. This approach ensures a balance between financial sustainability and social impact, while strengthening the sector’s ability to keep pace with population growth and future challenges.”

    Source: Emirates News Agency

    Previous ArticleKaspersky spots rising scam activity around the 2026 World Cup
    Next Article UAE family firms drive 80% of private sector jobs, 60% of GDP, top executives say

    Related Posts

    Zayed Sustainability Prize expands support to 22 runner-up projects

    June 9, 2026

    Sharjah Chamber, Portuguese Business Council explore ways to strengthen economic partnership

    June 9, 2026

    Sharjah Ruler orders new truck route to bypass Al Dhaid city centre

    June 9, 2026
    Latest Posts

    BenQ Unveils AI-Powered RP05 Interactive Whiteboard for Future-Ready Classrooms in the Middle East

    June 11, 2026

    This free children’s theatre festival in Dubai is giving kids a break from screens

    June 11, 2026

    DCO launches Global Expert Community to accelerate international digital cooperation

    June 11, 2026

    Ministry of Energy announces winning bidders for 8 LPG filling, storage, and bulk distribution licenses

    June 11, 2026
    Don't Miss

    Austria’s inflation rate up by 0.9% to 3.1% in March

    By Editorial TeamApril 1, 2026

    VIENNA,1st April, 2026 (WAM) — Austria’s inflation rate rose by 0.9% to 3.1% in March,…

    Saudi FM, UN chief discuss regional developments in phone call

    April 1, 2026

    Saudi, Greek defense ministers discuss repercussions of Iranian attacks

    April 1, 2026
    2026. All rights reserved.
    • KSA
    • UAE
    • GCC
    • Technology
    • Lifestyle
    • Sports

    Type above and press Enter to search. Press Esc to cancel.