MBRHE Begins Handing Over Villas Under Al Khawaneej 1050 Housing Project
The handover follows the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to foster strong communities and enhance the quality of life for UAE nationals through modern, family-focused developments.
Designed to blend contemporary needs with local architectural heritage, the Al Khawaneej 1050 project reflects MBRHE's commitment to building integrated residential environments that support social stability and meet the evolving expectations of Emirati families. 'This achievement is a tangible reflection of the leadership's vision,'
said His Excellency Mohammad Hassan AlShehhi, Acting CEO of MBRHE. 'We have successfully transformed the housing handover experience into a seamless, transparent, and secure digital journey.'
The entire process—from planning and allocation to handover—is being managed through a smart digital system, eliminating the need for paper-based transactions. Technical support teams are available to assist beneficiaries via official channels.
The project aligns with the Dubai 2040 Urban Master Plan and sets a benchmark for sustainable development in the Emirate. MBRHE has reiterated its focus on innovation and efficiency, with future housing projects expected to introduce even greater flexibility and digital integration.
Beneficiaries of the Al Khawaneej 1050 Villas Project have been invited to complete final formalities through the Establishment's digital platform.
News Source: Dubai Media Office
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Etihad
3 hours ago
- Al Etihad
MoF launches 2027–2029 budget cycle with flexible vision focused on sustainability, efficiency, artificial intelligence
16 July 2025 17:12 DUBAI (ALETIHAD)The Ministry of Finance has launched the federal general budget cycle for the 2027–2029 period, marking a new step in the continuous development of the government's financial move aims to enhance fiscal sustainability and aligns with the wise leadership's vision for a more flexible and innovative new cycle reflects the evolution of the general budget from a yearly planning tool into a strategic instrument that empowers federal entities to achieve their objectives efficiently and launch coincided with the unveiling of the federal government's new strategic planning cycle, 'Towards Achieving We the UAE 2031', by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of announcement reflects the government's commitment to integrating efforts and enhancing coordination to achieve the nation's future goals.H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, stressed that the 2027–2029 federal budget cycle will play a key role in the development of the UAE's public financial system and is part of a government approach driven by proactivity, flexibility, and policy noted that the Ministry of Finance is committed to redefining the role of the budget from a traditional resource allocation framework to a strategic enabler for mega national objectives. These include strengthening global competitiveness, accelerating digital transformation, and reinforcing the UAE's position as a leading international financial hub.'Achieving the ambitions of the UAE Centennial 2071 requires a financial system that is agile and future-focused, a system that can respond to global shifts and direct government spending toward high-impact opportunities,' H.H. Sheikh Maktoum bin Mohammed said.'To that end, the MoF is investing in smart tools and advanced analytical models that ensure financial efficiency, optimise impact, and enable data-driven decision-making aligned with the nation's developmental, economic, and social goals. Our vision is to transform the federal budget into a future-ready instrument that drives sustainable growth and elevates the quality of government services to new heights,' he added. Ambitious national prioritiesThe newly launched budget cycle follows four consecutive strategic cycles during which the total federal budget reached approximately AED900 billion, aligned with ambitious national priorities. Over this period, the Ministry laid strong foundations for sound financial governance by enhancing legislative and regulatory frameworks, expanding international partnerships, and developing advanced digital financial also maintained stable public debt levels, which stood at just AED62.1 billion as of June 2025, and increased federal government assets to around AED464.4 billion by the end of 2024, underscoring the UAE's solid financial new budget cycle focuses on sectors that directly impact the lives of citizens and residents, including education, healthcare, social welfare, and core government services. It reflects a renewed vision to empower federal entities to deliver high-quality, efficient, and flexible in these vital areas is key to stimulating sustainable national development and achieving the long-term objectives of the UAE Centennial 2071. The new cycle also aligns with evolving societal aspirations by allocating resources for maximum developmental, social, and economic impact, supported by digital tools and artificial intelligence to improve planning accuracy, execution speed, and service quality. Improving institutional efficiency Meanwhile, Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, emphasised that the 2027–2029 budget cycle builds on a solid foundation of fiscal accomplishments and reflects a forward-looking vision focused on empowering government entities and aligning strategy with performance noted that the cycle integrates artificial intelligence as a key enabler of sustainable development and aims to transform the federal budget from a traditional financial tool into a flexible, strategic instrument that enhances operational efficiency, improves government performance, and supports the objectives of the UAE Centennial Hussaini added, 'The Ministry's transformation over recent years extends beyond legislative and digital reforms to include a complete redesign of the budgeting experience. The number of budget preparation steps was reduced from 50 to just 10, and procurement cycles were shortened from 60 days to under six minutes, a leap forward in institutional efficiency and performance the Ministry of Finance is no longer merely a supervisory authority but a key enabler, driving the readiness of federal entities and empowering them to fulfil their mandates effectively and innovatively within an integrated digital framework that prioritises customer satisfaction and service quality.'The new federal budget cycle for 2027–2029 represents a significant leap towards smart financial management, underpinned by modern tools and proactive on the pillars of performance-based planning and results-driven execution, this model harnesses artificial intelligence to strengthen decision-making and maximise the accuracy of resource financial planning goes beyond numerical forecasting; it is a smart system capable of generating predictive scenarios. From accelerating service delivery to streamlining operations and providing entities with access to unified, high-accuracy data, the system represents a major step forward, significantly improving the speed and quality of financial decision-making. Through this approach, the federal budget is redefined as a strategic enabler, driving operational efficiency, reinforcing financial sustainability, and solidifying the UAE's global standing as a model for advanced public financial management.
Web Release
3 hours ago
- Web Release
Object 1 Launches VERDAN1A, Redefining Sustainable Urban Living in Dubai
As Dubai Land Residence Complex (DLRC) continues to establish itself as one of the city's fastest-growing residential hubs, Object 1 has announced the launch of VERDAN1A — a multi-phase, sustainability-focused residential development comprising 316 units in the heart of this high-potential district. Inspired by the word verde, meaning green, VERDAN1A reflects Object 1's commitment to building communities that go beyond function to build connection, vitality, and holistic well-being. The project's design is rooted in sustainability, offering a living environment that nurtures the body, mind, and soul. The launch coincides with major infrastructure upgrades in the area, including the upcoming Dubai Metro Blue Line, which will significantly improve connectivity for DLRC residents. From 2022 to 2025, average unit prices in DLRC have surged by 64%, achieving an average annual growth rate of 18%. Investors and experts identify DLRC as a key district for future urban expansion, thanks to its strong investment potential, competitive pricing, and attractive rental yields. VERDAN1A 1 offers 208 units, and VERDAN1A 2 adds another 108 units, with both phases featuring a variety of resort-style amenities. Residents can enjoy a swimming pool, kids' pool, gym, sauna, clubhouse, and children's play areas. VERDAN1A 1 also provides a yoga and meditation zone, CrossFit area, cinema, outdoor showers, and open-air lounges. Meanwhile, VERDAN1A 2 features a dedicated BBQ space for relaxed outdoor gatherings. The project's construction will fully comply with the Dubai Green Building Regulations and Specifications, which set mandatory standards for insulation and energy efficiency through regulated R-values for walls, roofs, and glazing systems. These measures align with the UAE Net Zero by 2050 strategic initiative and reflect the growing national emphasis on reducing emissions, enhancing liveability, and building climate-resilient infrastructure. 'The number of transactions in Dubai Land Residence Complex has grown nearly sixfold over three years. This growth signals rising buyer confidence and sustained market momentum,' said Tatiana Tonu, CEO at Object 1. 'The launch of VERDAN1A directly addresses this demand within the rapidly evolving Dubailand master district. The project is designed to promote sustainable urban living while contributing to the goals of the Dubai 2040 Urban Master Plan for inclusive growth and enhanced liveability.' Set for completion in Q3 2027, VERDAN1A reinforces Object 1's growing presence in Dubai's residential sector and aligns with the UAE's national vision for sustainable development. By integrating eco-conscious design, green construction practices, and a wellness-first approach, the project aims to contribute to a future where urban living and community well-being go hand in hand.
Hi Dubai
3 hours ago
- Hi Dubai
UAE Launches 2027–2029 Federal Budget Cycle with AI-Driven, Sustainable Vision
The UAE Ministry of Finance has launched the 2027–2029 federal budget cycle, marking a strategic evolution in the country's financial planning system. Designed to be more agile, efficient, and future-focused, the new cycle aligns with national ambitions under 'We the UAE 2031' and long-term goals of UAE Centennial 2071. Announced alongside the federal government's latest strategic planning framework, the new budget model redefines the federal budget from a static financial tool into a strategic enabler that supports national priorities, including education, healthcare, digital transformation, and sustainability. His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Prime Minister and Minister of Finance, noted that the upgraded financial system prioritises flexibility, proactivity, and impact. 'Our vision is to transform the federal budget into a future-ready instrument that drives sustainable growth and elevates the quality of government services to new heights,' he said. The cycle is supported by advanced technologies, including artificial intelligence and predictive analytics, to improve planning accuracy, accelerate execution, and ensure data-driven decision-making. AI will play a pivotal role in enhancing institutional efficiency and forecasting national needs more precisely. His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, highlighted that reforms have already led to significant improvements—budget preparation steps have been cut from 50 to 10, and procurement cycles now take under six minutes. The previous four budget cycles saw a combined allocation of approximately AED900 billion. The new cycle builds on this foundation, with public debt at AED62.1 billion as of June 2025, and federal government assets reaching AED464.4 billion by the end of 2024. This forward-looking model focuses on outcomes over expenditures, empowering federal entities to deliver impactful services, drive smart governance, and reinforce the UAE's position as a global leader in financial innovation. News Source: Dubai Media Office
