Sheikh khaled bin mohamed bin zayed al nahyan, the crown prince of Abu Dhabi and the head of the city's executive council, gave his approval for the distribution of housing benefits worth Dh3.1 billion to 1,807 residents of the emirate on the orders of UAE President His Highness Sheikh Mohammad bin Zayed al Nahyan.
Financing housing for citizens
This package comprises housing loans to residents totaling dh2.1 billion as well as grants for ready-made dwellings for low-income people worth dh1 billion. The distribution of the second home package is scheduled to occur over the upcoming Eid al-Adha holiday.
This demonstrates the wise leadership's dedication to raising living conditions, guaranteeing a respectable life for inhabitants, and bolstering social stability in order to continue Abu Dhabi's overall growth path. The second housing package of 2023 benefits 3,607 people across the emirate, bringing the total amount of housing benefits distributed to residents of Abu Dhabi in 2023 to more than Dh6 billion.
Chairman of the Board of Directors of Abu Dhabi Housing Authority
Mohammad Ali Al Shorafa, head of the department of municipalities and transport and chairman of the board of directors of the Abu Dhabi Housing Authority, expressed his deepest gratitude and appreciation to President His Highness Sheikh Mohammad Bin Zayed Al Nahyan for his ongoing support of the housing sector and his unwavering dedication to meeting the needs of all residents.
The initiatives of his highness raise living conditions and improve social welfare. The directives of the wise leadership to distribute the second housing package during the year 2023 reflect their ongoing commitment to providing all means of a decent life for citizens and enhancing the living standards and welfare of the entire community in the emirate of Abu Dhabi, according to Hamad Hareb al Muhairi, director general of the Abu Dhabi Housing Authority.
The Falah and Sweihan residential complexes, which offer about 1,000 new, high-quality homes for their inhabitants, were recently launched.
