Mohamed Bin Zayed orders disbursement of Dhs1.1b housing loans to 803 Emiratis - GulfToday

Mohamed Bin Zayed orders disbursement of Dhs1.1b housing loans to 803 Emiratis

  • 18 Jul 2021
Mohamed-Bin-Zayed

The package forms part of the Ghadan 21 accelerator programme, which was launched by Sheikh Mohamed Bin Zayed.

Gulf Today Report

Sheikh Mohamed Bin Zayed has ordered disbursement of housing loans to Emiratis worth a total of Dhs1.1 billion

Under the directives of the President His Highness Sheikh Khalifa Bin Zayed Al Nahyan, His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the Armed Forces, and Chairman of the Abu Dhabi Executive Council, has ordered the disbursement of housing loans and the exemption of retirees and families of deceased mortgagors from loan repayments.

Housing-AD-CPAn aerial view of the housing project.

The housing package, worth a total of Dhs1.1 billion, benefitted 803 citizens in Abu Dhabi.

The housing package coincides with Eid Al Adha, and reflects the leadership’s commitment to ensuring social stability, enhancing living standards and strengthening citizens’ contribution to the advancement of society.

The package forms part of the Ghadan 21 accelerator programme, which was launched by Sheikh Mohamed Bin Zayed.

Related articles

Sheikh Mohammed approves housing projects worth Dhs3.8 billion in Dubai

Sheikh Mohammed said on Twitter, “Today, we approved housing projects in Dubai worth Dhs3.8 billion, including distribution of 2,000 residential plots, 900 ready residential villas, and an integrated complex worth Dhs500 million for small families.

28 Nov 2021

VIDEO: 100% Emirati MBZ-SAT uses a 3D printer for prototype of satellite

The MBZ-SAT is expected to be launched in 2023, making it the most advanced commercial satellite in the region in the field of high-resolution satellite imagery.

07 Jan 2021

VIDEO: Dhs400m residential project for Emiratis completed in Sharjah

The Follow-Up Committee of the Initiatives of the UAE President announced the completion of the works of the development which will feature 323 houses spanning an area of 407,880.4 square metres in the emirate's "Al Suyoh 16" area.

25 Jan 2021

Sheikh Hamdan clears Dhs7b housing loans for Emiratis in Dubai

Sheikh Hamdan approved the design and implementation of exemplary neighbourhoods, allocating 11,500 plots of land for housing citizens in Dubai, and approving housing loans worth Dhs7 billion for about 7,000 beneficiaries.

11 Jun 2023

Most Popular Stories

Other Articles

UAE to witness more rain from Saturday till Tuesday

The centre expects the weather on Saturday to be generally fair, and partly cloudy at times, with the possibility of some cumulus clouds forming on the mountains in the afternoon.

44 minutes ago

Five Japanese escape unhurt in Pakistan suicide blast attack

The Japanese have been moved to a safe place in police custody, the spokesperson, Abrar Hussain Baloch, said, although the bystanders and a guard with the visitors suffered injuries.

3 hours ago

Israel targets air defence system in Syria, state news agency says

The warplanes were seen around the time loud noises and drones were reported near a major Iranian air base and nuclear site early Friday. That area of Syria is directly west of Isfahan, some 1,500 kilometres (930 miles) away, and east of Israel.

3 hours ago

Palestinian President, Hamas slam US veto of Palestinian UN membership bid

Palestinian President Mahmoud Abbas first delivered the Palestinian Authority’s application for UN membership in 2011. It failed because the Palestinians didn’t get the required minimum support of nine of the Security Council’s 15 members.

3 hours ago