A total of 1,089 villas costing Dh805 million under three residential projects will be available for nationals in the next 18 months, and the repayment period of the loans can extend up to 25 years.
According to Farid Mohammed Al Mulla, Director-General of Private Housing Finance Scheme (PHFS), which has taken up the projects, the villas will be sold at cost price, and the repayment will be in easy instalments.
