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  • SAUDI ARABIA BREAKING NEWS

Abu Dhabi Approves First Housing and Benefits Package of 2024 Valued at AED2.18 Billion




ABU DHABI - Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved the first disbursement of the 2024 housing and benefits package to citizens of Abu Dhabi. The package, valued at AED2.18 billion, has been distributed among 1,502 citizens across the emirate.


The housing benefits package includes housing loans, ready-built houses, and residential land grants, totalling more than AED2.082 billion in value and aiding 1,407 citizens. In addition, senior citizens, low-income retirees, and the families of deceased citizens have been exempted from housing loan payments, amounting to more than AED98 million. This exemption has directly benefited 95 citizens in the emirate.


Mohamed Ali Al Shorafa, Chairman of the Board of Directors of Abu Dhabi Housing Authority, expressed his gratitude to the leadership for their directives to disburse the housing benefits package. He emphasized the leadership’s dedication to meeting the needs of the citizens and addressing their housing demands.


Hamad Hareb Al Muhairi, Director General of Abu Dhabi Housing Authority, reiterated the commitment of the Abu Dhabi Housing Authority to continually improve its programmes and services to provide housing for all citizens in Abu Dhabi.


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 wellbeing 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.

With this package, the total value of housing benefits disbursed since the establishment of the Abu Dhabi Housing Authority reaches more than AED149 billion.

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