Mohammed Bin Rashid Housing Foundation unveils new ‘Innovative Investment Strategy’

By Shilpa Annie Joseph, Official Reporter
  • Follow author on
Dubai Economic Leadership Program
Rep. Image | Onno Kalverda @ Pixabay

Mohammed Bin Rashid Housing Foundation has launched its ‘Innovative Investment Strategy’ that intends to improve the quality of life within its residential projects while strengthening robust collaborations with the private sector.

The strategic objectives of the new investment plan include marketing the assets of the Mohammed Bin Rashid Housing Foundation, offering investment opportunities in residential complexes, diversifying investment fields, and identifying new sources of income to achieve financial sustainability.

Mr. Mohammed Hassan Al-Shehi, Assistant Executive Director of the Housing Sector, said that, “At the Mohammed Bin Rashid Housing Foundation, we are actively pursuing innovative strategies to diversify our investment portfolio and cultivate new avenues of income. Through the adoption of advanced partnership models with our esteemed private sector partners, we are dedicated to elevating the living standards in Dubai. These initiatives exemplify our commitment to enhancing the housing sector’s sustainable growth while fostering a prosperous future for all community members.”

“The Foundation offers a diverse range of investment opportunities, including leasing commercial and investment spaces within residential projects, partnerships to enhance housing services, and investment in the Foundation’s assets. With our new investment strategy, we aspire to attract a wide array of partners, encompassing asset and facility management service providers, retailers, real estate developers, and investors. By fostering these collaborations, we aim to ensure the successful implementation of our initiatives,” Mr. Al-Shehi added.

The Strategy also focuses on strengthening public and private partnerships to develop the housing sector.

According to the statement, “Preliminary results of the Strategy show promising signs, as the Mohammed Bin Rashid Housing Foundation has entered into three partnerships with the private sector to invest in its assets, and there are plans for five scheduled investment projects between 2023 and 2024. Additionally, 18 potential investment areas have been identified within residential projects, and four partnership models with the private sector have been approved to develop the housing system.

Related: Aldar, IHC & ADNEC Group to merge Aldar Estates with Eltizam