Saturday, June 24, 2023 at 15:32
ABU DHABI, 24th June, 2023 (WAM) — According to His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Housing benefits worth AED3.1 billion have been approved to be distributed to 1,807 citizens in Abu Dhabi on the instructions of His Highness Mohamed bin Zayed Al Nahyan.
The scheme includes ready-made housing grants worth AED 1 billion for low-income individuals and various housing loans worth AED 2.1 billion to citizens.
The second home package will be handed out during the upcoming Eid al-Adha celebrations.
This demonstrates the wise leadership’s commitment to raising living standards, ensuring a decent life for citizens, and strengthening social stability to continue Abu Dhabi’s holistic development journey.
The second housing scheme 2023 brings the total housing benefits paid by citizens of Abu Dhabi to more than AED6 billion in 2023, benefiting 3,607 citizens in different parts of the emirate.
Mohamed Ali Al Shurafa, Chairman of the Ministry of Municipalities and Transport and Chairman of the Board of Directors of the Abu Dhabi Housing Authority, expressed his sincerest condolences to President His Highness Sheikh Mohamed bin Zayed Al Nahyan for his longstanding support for housing Gratitude and appreciation to the Department and his unwavering commitment to meeting the needs of all citizens.
His Highness’s efforts have contributed to enhancing social welfare and improving living standards.
Hamad Hareb Al Muhairi, Director General of Abu Dhabi Housing Authority, said: “The wise leadership directed to pay for second home schemes in 2023 reflects that they provide citizens with every decent means of living and improving living standards and the well-being of the entire community in the emirate of Abu Dhabi. Recently, the Falah and Sweihan residential projects were inaugurated, providing citizens with around 1,000 new high-quality homes.”