In a significant move towards enhancing the quality of life for its residents, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, has overseen a key agreement aimed at rolling out a series of affordable housing projects in the emirate. This initiative is part of the broader strategy to create vibrant communities that cater to the housing needs of various income levels.
The agreement was made official through a signing ceremony involving prominent figures from Dubai’s Roads and Transport Authority (RTA), Dubai Municipality, and Wasl Group. Mattar Al Tayer, the RTA Director General and Chairman of the Board of Executive Directors, represented the RTA. Meanwhile, Marwan bin Ghalita, Director General of Dubai Municipality, and Hesham Abdulla Al Qassim, Chief Executive Officer of Wasl Group, signed on behalf of their respective organizations.
The backdrop to this agreement is the directive from The Executive Council of Dubai, which aims to allocate land specifically for affordable housing projects. This directive aligns with the ambitious Dubai 2040 Urban Master Plan and supports the goals set out in the Affordable Housing Policy. This policy not only strives to enhance community well-being but also aspires to diversify employment opportunities and meet the housing needs of residents across varying income levels.
The first phase of these housing projects covers six strategic areas, including Me’aisem 1, Al Twar 1, Al Qusais Industrial Area 5, and Al Leyan 1. Collectively encompassing approximately 1.46 million square meters, these developments are expected to deliver over 17,000 residential units. Primarily targeting skilled professionals from diverse nationalities engaged in both the public and private sectors, these homes are designed to provide affordable rental options tailored to community needs.
Mattar Al Tayer emphasized the importance of the Affordable Housing Programme, describing it as a crucial initiative under the guidance of Dubai’s leadership. He noted that the programme’s objectives are aligned with enhancing the well-being of individuals and families while promoting a harmonious lifestyle. It also plays a vital role in supporting the UAE’s designation of 2025 as the ‘Year of Community’, further enhancing its social fabric.
Moreover, the strategic vision of the Dubai 2040 Urban Master Plan envisions the emirate as a leading city for living standards globally. The plan aims to offer integrated, accessible, and high-quality housing solutions that reduce commute times and subsequently lower living costs, which can boost productivity and improve the overall satisfaction of employees. This is particularly relevant in a city with a diverse workforce like Dubai.
Marwan Ahmad bin Ghalita, from Dubai Municipality, highlighted that these projects embody the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum to build a cohesive society. They focus on providing a world-class quality of life while fostering an environment where residents can thrive and realize their aspirations. Guided by this vision, the projects aim to create sustainable urban centers that will shape the future of residential living in Dubai.
Furthermore, the affordable housing initiative is expected to significantly contribute to job creation and stimulate economic activity. By incorporating comprehensive services and recreational facilities, these projects will not only meet the residential needs of the community but also enhance the attractiveness and liveability of Dubai as a whole.
In a progressive step towards achieving inclusive urban living, Hesham Abdulla Al Qassim conveyed Wasl Group’s commitment to this initiative. He emphasized the importance of collaborative efforts in addressing housing affordability, indicating that their strategic partnership with RTA and Dubai Municipality will contribute to delivering sustainable living solutions. Insights gained from recent workshops show the necessity of a united front to tackle the challenges of urban living.
