AED 85B Budget Approved by Abu Dhabi Crown Prince for Housing Projects
- Publish date: Tuesday، 09 May 2023
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Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a budget of Dh85.4 billion for the construction of integrated residential areas that will provide up to 76,000 homes and plots of land for citizens over five years, in accordance with the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi.
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To ensure the highest living standards for residents and to further improve stability and families' well-being throughout Abu Dhabi emirate, the projects will include integrated services, amenities, and leisure facilities, including the building and development of mosques, schools, public parks, and green spaces.
The initiative is part of efforts to provide the most living conditions for UAE inhabitants and to improve their wellness.
Under the directives of Mohamed bin Zayed, Khaled bin Mohamed bin Zayed has approved a budget of AED85.4bn to develop integrated, residential neighbourhoods that further enhance quality of life for citizens across Abu Dhabi emirate. pic.twitter.com/9NdeBSuYKl
— مكتب أبوظبي الإعلامي (@ADMediaOffice) May 9, 2023