Under the guidance of His Highness Sheikh Mohammed bin Zayed Al Nahyan, the President of the UAE and Ruler of the Emirate of Abu Dhabi, His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Executive Council of the Emirate of Abu Dhabi, has sanctioned a comprehensive housing benefits package. The approved package, totaling AED 7.60 billion, has benefited 5,685 male and female citizens across various regions of Abu Dhabi, bringing the total housing disbursement for citizens in 2023 to AED 13.44 billion, catering to 9,292 individuals.
This housing package encompasses various types of housing loans, totaling AED 6.082 billion, assisting 3,714 male and female citizens. Additionally, low-income retirees and deceased individuals during 2023 have been exempted from housing loan payments, amounting to over AED 573 million, benefitting 549 citizens. The package also involves the allocation of residential lands and ready-made housing to 1,422 citizens, with a total expenditure exceeding AED 950 million, covering housing costs and infrastructure preparation.
Expressing gratitude for the royal directives, His Excellency Mohammed Ali Al-Sharafa, Chairman of the Department of Municipalities and Transport and Chairman of the Board of Directors of the Abu Dhabi Housing Authority, acknowledged the continuous support of His Highness Sheikh Mohammed bin Zayed Al Nahyan and His Highness Sheikh Khalid bin Mohammed bin Zayed. He emphasized that this commitment to the housing sector aligns with the leaders’ vision, contributing to the fulfillment of citizens’ aspirations for a quality life and social stability.
Hamad Hareb Al Muhairi, Director General of the Abu Dhabi Housing Authority, affirmed that the housing package for 2023 reflects the leadership’s dedication to citizens, placing their well-being as a top priority. The Authority aims to enhance the welfare and happiness of Abu Dhabi citizens through ongoing programs and services, ensuring every citizen family has access to suitable housing, aligning with the broader development goals of the Emirate.
This disbursement coincides with the UAE’s celebration of its 52nd Union Day and underscores the leadership’s commitment to elevating living standards, fostering social stability, and enhancing the overall quality of life for citizens in Abu Dhabi.
