A three-year deadline extension for Emiratis building homes in the UAE on government-granted land has been set by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai.
Extending the deadline by 36 months is intended to help Emiratis building private residences on plots of land granted to them by the Dubai Government.
Emiratis building homes on government land plots will now have more time to build their private homes as per their preferences. Sheikh Mohammed ordered the extension as part of the government's efforts to boost the happiness of its citizens and support social stability.
The deadline extension came roughly two months after Sheikh Mohammed approved a budget of $1.91bn (AED7bn) to kick-start a project to build 7,270 homes for Emiratis.
Thousands of homes across the UAE will be built for UAE citizens, with these set to be delivered up to 2021.
In December 2017, the Abu Dhabi Municipality began to allot plots of land to UAE citizens, with 2,310 residential plots expected to be handed out for residential building projects.
The Government of Dubai can allot land to Emiratis for commercial and residential construction projects on a freehold basis, without any restrictions on what the land is used for, providing it does not break any laws.