Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, on Sunday announced the approval of a Dh6.3 billion ($1.7bn) investment project to provide housing and land for more than 4,600 Emiratis.
Sheikh Mohammed said a plan to construct a housing complex in Al Khawaneej, which will include 1,100 residential villas, was also approved.
The initiatives are part of a strategy to provide high living standards for citizens.
Sheikh Mohammed confirmed the projects on Twitter, accompanied by a video outlining Dubai's plans to support its citizens.
Last September, Sheikh Mohammed said Dh65bn would be allocated to a housing programme in Dubai for UAE citizens over the next two decades.
"Quality housing is a dignity and a right for all," Sheikh Mohammed said at the time.
"A decent life for the people of the country is the first priority for the government’s work."
In November, Sheikh Mohammed set out Dubai housing projects worth Dh3.8 billion under a plan to provide the best living environment for families.
The programme will include the distribution of 2,000 residential plots, 900 villas and a Dh500 million complex for small families, Sheikh Mohammed said.
In February it was revealed Dubai had started to build 803 new homes for Emiratis under a Dh1.2 billion project.
The additional housing is to serve Al Kawaneej 2 and Al Warqa districts of the emirate.
The initiative is being overseen by Mohammed bin Rashid Housing Establishment.
A Dh10 billion package encompassing housing loans, plots of land and homes for Emiratis in Abu Dhabi was also announced in November.
It also includes the exemption of 10,032 low-income retirees and families of deceased mortgagors from repayments, Abu Dhabi Media Office said.
It comes under the directives of President Sheikh Khalifa and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces.
The continued investment in housing infrastructure in Dubai comes as the emirate's population booms.
Numbers of those living in the emirate have passed the 3.5 million mark as a result of a post-coronavirus pandemic rise in migration.
Dubai Statistics Centre's live population counter stood at 3,500,105 on Thursday.
Between the end of 2020 and April 2022, the population rose by close to 100,000.
Population growth is a major goal for the emirate's government, with a target of 5.8 million people by 2040 and an expansion of Dubai planned.
EPL's youngest
- Ethan Nwaneri (Arsenal)
15 years, 181 days old
- Max Dowman (Arsenal)
15 years, 235 days old
- Jeremy Monga (Leicester)
15 years, 271 days old
- Harvey Elliott (Fulham)
16 years, 30 days old
- Matthew Briggs (Fulham)
16 years, 68 days old
SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.5-litre%204-cylinder%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20101hp%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20135Nm%3Cbr%3E%3Cstrong%3ETransmission%3C%2Fstrong%3E%3A%20Six-speed%20auto%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh79%2C900%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
What is the definition of an SME?
SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.
A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors.
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
10 tips for entry-level job seekers
- Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
- Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
- Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
- For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
- Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
- Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
- Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
- Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
- Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
- Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.
Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz
