Crown Prince Sheikh Hamdan has directed Dubai Municipality chiefs to draft a housing plan that will satisfy the expected property needs of UAE nationals over the next 30 years.
In a series of tweets, Sheikh Hamdan said the project will be given "top priority", adding that the plan should be completed within a month in order to begin the implementation phase as soon as possible.
"The quality of life of UAE citizens is Sheikh Mohammed's priority and providing affordable housing is an integral part of ensuring their wellbeing," he said.
He added that Dubai Municipality will also draft a comprehensive plan to redevelop Dubai's old neighbourhoods, while preserving their distinctive character.
No further details were given.For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.