H.H. Sheikh Khaled approves AED 6.75b in housing benefits

file

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a housing benefits package worth AED 6.75 billion for 4,356 citizens in the capital.

It follows the directive of President His Highness Sheikh Mohamed bin Zayed Al Nahyan.

The benefits package includes housing loans amounting to AED 5.08 billion benefiting 3,172 citizens, land grants and ready-built houses valued at AED 1.585 billion, benefiting 1,100 citizens, as well as exemptions from housing loan repayments totaling more than AED 94.8 million for 84 senior citizens, limited-income retirees and beneficiaries of deceased citizens. 

It brings the total housing benefits delivered to citizens in Abu Dhabi since the establishment of the Abu Dhabi Housing Authority to over 123,000 and amounting to approximately AED 168.85 billion. 

The disbursement of this first housing package of 2025 comes ahead of Eid Al Fitr and reflects the leadership’s ongoing commitment to comprehensive development, enhancing Emirati families’ wellbeing and ensuring their social stability and happiness.

"Such initiatives further strengthen social cohesion and promote stability throughout Abu Dhabi," highlighted the Chairman of the Board of Directors of Abu Dhabi Housing Authority, Mohamed Ali Al Shorafa.

Hamad Hareb Al Muhairi, Director-General of Abu Dhabi Housing Authority, said, “It aligns with comprehensive development and the Year of Community initiative goals, which promotes social cohesion and underlines the importance of adequate housing in building a stable and prosperous society.”

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 4pm 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!