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How to reserve Ownership Rental Apartments 2026 through Maskan
The New Urban Communities Authority announced today the launch of the online application process for reserving residential units under the "End-lease Purchase" system within the "Home of a Lifetime" program for 2026. The program allows citizens to easily apply through the "Maskan" platform by following steps such as registering their information, selecting a unit, and uploading the necessary documents, along with outlining the financial terms and due amounts, including reservation deposit and rental security. The units are divided into three categories based on the apartment's value and income level, with subsidized interest rates ranging from 8% to 12% on a decreasing basis. Allocation is conducted through a public lottery. The program aims to facilitate the ownership of the final residence for beneficiaries through an extended repayment system spanning 20 years.
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