Search AbuDhabiPR.com

Home >> Government, Legal & Humanity

Abu Dhabi Crown Prince approves disbursement of second package of housing benefits in 2024 to Abu Dhabi citizens

Thursday, June 13, 2024/ Editor -  

Share

Home >> Government, Legal & Humanity

ABU DHABI, 13th June, 2024 -- Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved the disbursement of the second housing and benefits package in 2024 to citizens of Abu Dhabi. These benefits, which are valued at AED3.309 billion, have been distributed among 2,015 citizens across the emirate.

The housing benefits package includes housing loans totalling more than AED3.046 billion in value and aiding 1,766 citizens, including 782 loans to purchase residential units in Balghaiylam residential project.

Additionally, senior citizens, retirees with low incomes, and the families of deceased citizens have been exempted from housing loan payments, amounting to more than AED262.8 million. This exemption has directly benefited 249 citizens in the emirate.

Mohamed Ali Al Shorafa, Chairman of the Board of Directors of Abu Dhabi Housing Authority, said, 'We extend our deepest gratitude to His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and to His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council for their generous directives to disburse the second housing and benefits package in 2024.

The distribution of this package highlights our wise leadership's continued dedication to improving the welfare of our citizens and their families and nurturing familial and social cohesion within the emirate while advancing its comprehensive development.'

Hamad Hareb Al Muhairi, Director-General of Abu Dhabi Housing Authority, said, 'The directives to distribute the second housing benefits package exemplify the priority of our leaders, showcasing their steadfast dedication to the well-being of Emirati citizens, which is a paramount focus on the national agenda.

Abu Dhabi Housing Authority remains dedicated to continually improving its programmes and services to provide housing for all citizens in Abu Dhabi, while also advancing the housing sector in alignment with the directives and vision of the leadership.'

The distribution of this year's second housing benefits package coincides with the upcoming Eid Al Adha, reflecting the leadership's dedication to ensuring the well-being of Emirati families. With this package, the total value of housing benefits disbursed since the establishment of Abu Dhabi Housing Authority has reached more than AED152 billion.

 


Previous in Government, Legal & Humanity

Next in Government, Legal & Humanity


Home >> Government, Legal & Humanity Section

Latest Press Release

Sheikh Shakhbout Medical city launches advanced AI Research Lab

Emirates Park Zoo & Resort Prepares to Unveil Nature's Beauty in Abu Dhabi: Intr ...

Al Masaood Automobiles Announces Reduced Prices on Nissan Brakes Services

Panasonic Announces New 4K Integrated PTZ Camera

Alonzo mourning and Steve Smith attend usa basketball youth tournament in Abu Dh ...

First-ever MBZUAI Summer School for high school students shows high demand and p ...

Tron Energy Technology Corporation and MAP-Tron-E, Sign MoU for Taiwanese IP Ele ...

Australia Basketball Team Discovers Cultural Connections at Louvre Abu Dhabi

UAE's Smart City and AI Model Takes Center Stage in Discussion Hosted by NYC May ...

I Squared announces new shareholders in Transportation Equipment Network (" ...

EGA completes design phase of next generation smelting technology, readies pilot ...

KEZAD Commissions New Natural Gas Network for Clients

Etihad and Batik Air Malaysia launch codeshare offering seamless access to fabul ...

Turtle Power for Bath and Shower!

The Authority of Social Contribution – Ma'an Encourages Abu Dhabi Community to M ...

Zayed Sustainability Prize Demonstrates Global Reach and Impact with over 5,900 ...

ADCB unveils a groundbreaking Traveller Credit Card with unmatched benefits

UAE Launches Report on Sustainable Development Beyond 2030

USA Basketball Men's National Team Arrives in Abu Dhabi

Captivating Circus Shows Mesmerize Visitors at Mercato during Dubai Summer Surpr ...