Under the directives of HH Sheikh Mohamed bin Zayed Al Nahyan
The housing benefits are valued at AED 2.18 billion, benefiting 1,502 citizens in the Emirate of Abu Dhabi
Under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and the Ruler of Abu Dhabi, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved the first disbursement of housing and benefits package in 2024 to the citizens of Abu Dhabi. These benefits, which are valued at AED 2.18 billion, have been distributed among 1,502 citizens across the Emirate.
The housing benefits package includes housing loans, ready houses and residential land grants, totaling over AED 2.082 billion in value and aiding 1,407 citizens. Additionally, senior citizens, retirees with low incomes, and the families of deceased citizens have been exempted from housing loan payments, amounting to over AED 98 million. This exemption has directly benefited 95 citizens in the emirate.
His Excellency Mohamed Ali Al Shorafa, Chairman of the Board of Directors of Abu Dhabi Housing Authority, said: “The distribution of this year’s first housing benefits package highlights our wise leadership’s continued dedication to meeting the needs of our citizens and addressing their housing demands. This initiative strives to improve the welfare of our citizens and their families, promote stability, and nurture familial and social cohesion within the emirate, all while advancing its comprehensive development.”
His Excellency added: “We express our sincere gratitude and deep appreciation to His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Khaled bin Mohamed bin Zayed for their directives to disburse the housing benefits package. This further reiterates our unwavering commitment to enhancing the housing sector for the citizens in the emirate, in line with the vision of our leadership and their aspirations to enhance the quality of life for the people of our nation.”
His Excellency Hamad Hareb Al Muhairi, Director General of Abu Dhabi Housing Authority, said: “The directives to distribute the new housing benefits package exemplify the priority of our leaders, showcasing their steadfast dedication to the well-being of Emirati citizens which is paramount focus on the national agenda.”
Al Muhairi emphasized that ADHA remains dedicated to continually improving its programs and services to provide housing for all the 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 first housing benefits package coincides with the upcoming Eid al-Fitr, reflecting the leadership’s dedication to ensuring the well-being of Emirati families. This initiative seeks to provide adequate housing that meets their needs, enhances their welfare, and supports their stability and overall quality of life, thereby nurturing the continuous holistic development of the Emirate of Abu Dhabi. With this package, the total value of housing benefits disbursed since the establishment of the ADHA reaches more than AED 149 billion.
Update On
8 Apr 2024