Dubai: Real estate developers to help support medical treatments, education for those in need

Dubai: Real estate developers to help support medical treatments, education for those in need

The endowment scheme will also support the release of indigent prisoners

Published: Tue 25 Apr 2023, 11:48 AM

A new scheme in Dubai encourages real estate developers to allocate one unit from their real estate projects as a sustainable endowment to support charitable causes, meet the needs of society, and promote education.

The scheme includes supporting those unable to complete their studies, providing medical treatment to indigent patients, supporting orphans, people of determination, and others in need.

ORO24 Real Estate Development LLC has made the first contribution to this scheme by granting a unit in each of its projects to support education for those unable to complete their studies, widows, and orphans. The endowment will also support the release of indigent prisoners.

Atif Rahman, founder, and chairman of ORO24 Real Estate Developments, stated that his vision behind ORO24 was to create a corporate entity that brings positive changes to society through its business platform, adding that ORO24 has remained committed to this vision through various CSR activities in different avenues. He expressed his gratitude to RERA, Dubai Land Department, and Dubai Endowment for their support in making real estate endowments more sustainable through the scheme.

“We are grateful and honoured to be the first real estate