The new packages and housing scheme in the Capital will cater for expats who earn up to AED 6,000 per month
27 August 2017| Last updated on 27 August 2017
The Abu Dhabi Municipality has launched a brand new housing scheme to offer bachelors and low-income families living in Abu Dhabi more affordable places to live.
Following on from earlier news this year by What’s On that rental prices are set to drop, the implementation of this new scheme will no doubt be a very welcome one for expats who rent an apartment or villa in Abu Dhabi.
How much will the new scheme cost for expats?
Abu Dhabi’s Department of Municipal Affairs And Transport shared how housing will be introduced in the emirate that will cost on average between AED 1,400 and AED 2,100 for residents who earn between AED 4,000 and AED 6,000 per month.
So if your salary is fixed between AED 48,000 and AED 72,000 per annum, you’ll be able to rent an apartment in Abu Dhabi that will cost between AED 16,800 and AED 25,000.
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While the scheme is aimed at low-income families, it also targets bachelors – as the Municipality hopes to reduce shared accommodation and cramped living conditions in the emirate.
Bachelors earning between AED 2,000 and AED 4,000 per month will be able to pay between AED 700 and AED 1,400 per month for rent… Which adds up to between AED 8,400 and AED 16,800 per year.
Ultimately - won’t be any more than 35% of an individual’s salary.
How will this new scheme be implemented?
It has been reported that property developers will be offered the chance to get involved with the new housing scheme by either renovating existing buildings, or building new apartment blocks.
There will be strict guidelines on what all apartments involved must offer; for example, studio flats must at least be 26swm, and one bedroom apartments must be at least 40sqm.
Two-beds should be 60sqm and three-beds are to be 80sqm.
Plus, if buildings are for bachelors; then there should be men-only and women-only blocks.
Why is the new scheme being implemented?
Basically – the main aim of this new housing scheme is to solve two big issues that currently exist in the Capital; it will reduce the amount of bachelors living together and prevent over-crowding in homes, and it will also stop families living together in one villa.