AED 2.64B Housing Support Plan for Emiratis Approved by Abu Dhabi

Publish date: Tuesday، 18 April 2023

In accordance with the President's directives, The Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed, has given his approval to an AED 2.74 billion housing support plan for 1,800 Emiratis in Abu Dhabi.

Leaders in the UAE regularly approve housing-benefit projects to improve the standard of living for Emiratis all around the nation.

As part of the scheme, housing loans will be offered to eligible Emiratis. Under the initiative, family members of mortgage holders who have passed away and low-income retirees will have no obligation to make loan repayments.

The first housing package of 2023 to be disbursed includes Al Ain, Al Dhafra, and Abu Dhabi. The following housing types are covered by loans: construction, demolition, and rebuilding, as well as upkeep and expansion.

بتوجيهات محمد بن زايد، خالد بن محمد بن زايد يعتمد صرف حزمة منافع سكنية بقيمة 2.74 مليار درهم، يستفيد منها 1,800 مواطناً ومواطنة في إمارة أبوظبي. وتأتي حزمة المنافع السكنية الأولى لعام 2023 تزامناً مع الاحتفال بعيد الفطر المبارك. pic.twitter.com/ScKyr1f6nA
— مكتب أبوظبي الإعلامي (@ADMediaOffice) April 17, 2023

The leadership's effort to guarantee social stability and empower citizens to build strong, secure households that will benefit the future of the UAE is reflected in the first housing package of 2023, which falls in line with the Eid Al Fitr celebrations.

AED 2.64B Housing Support Plan for Emiratis Approved by Abu Dhabi

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