Loan repayments waived for low-income Emiratis

WAM

More low-income Emirati families are getting their home loans waived.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued the latest directive.

It’s applicable for families of deceased citizens as well as those whose monthly household income is less than AED 15,000.

The decision will benefit UAE nationals who were provided loans through the Sheikh Zayed Housing progamme.

More from Local

Coming Up on Dubai Eye

  • The Debrief

    4:00pm - 7:00pm

    Join Dane & Lucy on Dubai Eye 103.8 for The Debrief from 5pm to 7pm, the perfect way to unwind after a busy day at the office.

  • The Score

    7:00pm - 9:00pm

    Hosted by Chris McHardy, The Score is your comprehensive guide to the world of sport.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!