Through the Al Dhahyah Residential Project, JDURC and the Amanah can play an important role in achieving this overarching goal | |
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As the demand for affordable housing units continues to rise, the Ministry of Housing and the Real Estate Development Fund have systemized their programs for bolstering affordable supply and promoting mortgage finance in order to increase home ownership in the Kingdom | The master planned project when completed will feature 1200 buildings in total which will include educational facilities, mosques, health centers, police stations, commercial centers and infrastructure services |
This will be achieved by establishing private sector driven development fundamentals, such as strategic planning, optimal phasing, affordable development financing and financial engineering, to create profit margins that attract private sector developers without compromising quality and affordability for the end-user.
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