Crown Prince of Abu Dhabi approves disbursement of housing benefits to Abu Dhabi citizens with total value of AED7.6 bn

Crown Prince of Abu Dhabi approves disbursement of housing benefits to Abu Dhabi citizens with total value of AED7.6 bn

ABU DHABI/ WAM 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 a housing benefits package ...

ABU DHABI/ WAM

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 a housing benefits package to UAE Nationals in the emirate.

The value of the package amounts to AED7.6 billion, from which 5,685 UAE Nationals across the emirate have benefited, bringing the total value of housing benefit packages disbursed in Abu Dhabi during 2023 to AED13.44 billion, from which 9,292 UAE Nationals in total have benefited.

This latest package included housing loans of all types, with a total value of AED6 billion, from which 3,714 UAE Nationals have benefited, in addition to exempting low-income retirees and families of those who passed away in 2023 from loan repayments. This