Sheikh Hamdan exempts 426 low-income citizens from paying housing loans

Gulf Today, Staff Reporter

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, directed that 426 citizens with limited incomes be exempted from paying their remaining housing loans, amounting to Dhs146 million.

Sheikh Hamdan said on Twitter, “We directed to exempt 426 citizens with limited income from paying the remaining housing loans, amounting to 146 million dirhams…

“The Supreme Committee for Development and Citizens Affairs is responsible for following up the implementation of the decision…

“We continue to implement initiatives and provide all support to enhance the standard of living for all citizens in Dubai."

This compassionate initiative, which coincides with the joyous occasion of Eid Al Fitr, underscores the benevolence of the leadership in addressing the needs of the citizens, ensuring a decent life for them, and improving their living standards. The decision is a testament to the leadership’s dedication to the welfare of the citizens and its resolve to empower them to contribute to the ongoing development of the nation.

Sheikh Hamdan has instructed the Higher Committee for Development and Citizens Affairs to oversee the implementation of the decision, ensuring a smooth and efficient loan exemption process.

The UAE government remains committed to prioritising the well-being of its citizens and implementing measures and initiatives that improve their living conditions, enabling them to actively contribute to the country’s progress.