UAE to distribute $1.5tn worth of land plots, mortgages to locals

The Dubai ruler has issued the decision to provide locals with housing that meets their needs. (File/AFP)
Short Url
Updated 23 May 2020

UAE to distribute $1.5tn worth of land plots, mortgages to locals

  • The distribution of land plots to eligible Emiratis will begin after Eid Al-Fitr

DUBAI: The UAE will distribute $1.5 trillion worth of land plots and mortgages to its local population in a bid to ensure Emiratis “live a life of prosperity and happiness,” state news agency WAM has reported.
Sheikh Mohammed bin Rashid Al-Maktoum, the Ruler of Dubai and the country’s vice president and prime minister, has issued the decision to provide locals with housing that meets their needs.
Director General of Dubai Municipality Dawood Al-Hajri said distribution of land plots to eligible Emiratis will begin after Eid Al-Fitr.
He added one set of plots will be allotted in a 274-hectare piece of land in Nad Hessa, while the second set of plots will be allotted in a 128-hectare land in Al-Aweer.


LIVE: Middle East returns to normal life amid strict COVID-19 measures 

Updated 17 min 29 sec ago

LIVE: Middle East returns to normal life amid strict COVID-19 measures 

DUBAI: Efforts to return life gradually back to some kind of normality in parts of the Middle East continue, as governments get ready to reopen borders and airlines take bookings for flights. 
Tunisia said it will open its sea, land and air borders on June 27 in the hope of rescuing its tourism industry as the coronavirus pandemic comes under control.
Emirates airline also announced that it was taking bookings for flights from Dubai to 12 Arab countries from the start of July. Emirates began operating scheduled flight services to nine destinations around the world from May 21, including London Heathrow, Frankfurt, Paris, Milan, Madrid, Chicago, Toronto, Sydney and Melbourne.
Meanwhile, Lebanon’s commercial complexes, hotels, cafes and museums reopened their doors to customers on Monday after closing for two-and-a-half months. 

June 2, Tuesday (GMT Times)

07:51 – Russia has confirmed 8,863 coronavirus cases and 182 deaths in the past 24 hours.

07:02 – A Wuhan doctor who worked with coronavirus whistleblower Li Wenliang died of the virus last week, state media reported Tuesday, becoming China's first COVID-19 fatality in weeks.
07:00 Paris gets some of its pre-lockdown life back as cafes and restaurants partially reopen Tuesday.
06:51 – The global coronavirus death toll has topped 375,000, according to AFP tally.

06:45 – The first Rohingya refugee died from coronavirus in Bangladesh, an official said.

05:59Egypt has sanitized prisons and carried out tests on prisoners across the country after banning visits to help curb the spread of coronavirus, local daily Egypt Today reported.

05:50 – A cluster of nine coronavirus cases raised concerns in Hong Kong over renewed local transmission in a city that has been one of the most successful in keeping the pandemic under control. 

05:18 – The United States on Monday recorded 743 new coronavirus deaths in 24 hours, according to the Johns Hopkins University tracker, bringing its total to 105,099 since the global pandemic began.