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Ministers' Briefing on Rent Housing Launch
The Ministry of Housing, Utilities, and Urban Communities has announced the launch of more than 15,000 housing units under the rental and lease-to-own systems, aimed at enabling citizens to obtain homes that suit their financial capabilities and meet their housing needs. The offering includes units of various sizes ranging from 75 to 100 square meters, distributed across 16 governorates and 15 new cities, in addition to units within the Presidential initiative "Decent Life" in 11 governorates. The rental period extends up to 3 years with the possibility of renewal, while the lease-to-own term is 20 years. Additionally, 5% of the units are allocated for persons with disabilities. The process will be conducted through a public lottery. This initiative aligns with the state's approach to diversify methods of providing housing units and to offer flexible alternatives that address the social needs of citizens.
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