Abu Dhabi Crown Prince approves disbursement of second package of housing benefits in 2024 to Abu Dhabi citizens
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.
Home >> Government, Legal & Humanity Section
The Charismatic Duo Siddhant Chaturvedi And Abhishek Banerjee Set To Shine As Ho ...
Etihad airways announces new routes to warsaw and prague
The Abu Dhabi International Hunting and Equestrian Exhibition 2024 hosts the lar ...
Half a Million Birds Released to Boost the Sustainability of Houbara Populations ...
Wizz air expands network with its first long-haul route connecting abu dhabi wit ...
DCT Abu Dhabi - cultural foundation continues its dynamic 2024 programme with ex ...
Under the Patronage of Her Highness Sheikha Fatima bint Mubarak startAD Hosts Th ...
ADIHEX Opens the gateway to tourism and safari adventures for visitors to discov ...
EDGE Entity LAHAB Signs Agreement to Further Enhance Safety and Quality of UAE A ...
Day five of ADIHEX concludes after an action-packed agenda of shows, workshops a ...
ADIHEX Falcon Beauty Contest Celebrates Excellence with Two Winning Falcons from ...
SEHA's Al Rahba Hospital Reopens Outpatient Clinic Following Extensive Upgrade t ...
EDGE Group and the Brazilian Navy Take Major Step in MANSUP Anti-Ship Missile De ...
Department of Energy's Initiatives Promote Sustainability and Conservation to th ...
U.S. Remains the World's Most Powerful Travel & Tourism Market
TAQA Completes Acquisition of SWS Holding
Saudi podcast episode tops global YouTube charts as most-watched
Etihad's A380 Arrives in Mumbai Starting Anniversary Celebrations
AD Ports Group Fast-Tracks Land Transport in the Middle East with a New Rail Log ...
ADIHEX Welcomes School Children from Across Abu Dhabi to Explore UAE's Rich Heri ...