Emirati businessman donates seven buildings in Dubai worth Dhs110 million for charity

The Endowments and Minors’ Trust Foundation in Dubai (Awqaf Dubai) announced one of the largest real estate endowments this year.

Businessman Hamad Bin Ahmed Bin Salem Al Hajri donated seven buildings across Dubai, estimated to be worth around Dhs110 million, for use in ongoing charitable projects and community development initiatives.

In the official document deposited with the foundation, donor Hamad Bin Ahmed Bin Salem Al Hajri confirmed that this initiative constitutes an ongoing charitable donation made in his own name and on behalf of his late parents.

He explained that the proceeds would be allocated to support various forms of charitable giving, overseen by the Awqaf Foundation and managed by the Minors’ Trust. This would ensure the initiative's charitable impact continues for future generations.

Al Hajri pointed out that this contribution is an extension of the values of generosity and philanthropy instilled by the late founding father, Sheikh Zayed bin Sultan Al Nahyan, and continued by the UAE's leaders, who established humanitarian work as a core part of the nation's identity.

He emphasised that this generosity reflects the inherent values of Emirati society, which are based on giving, solidarity and social responsibility. It also consolidates the UAE's position as a global model of sustainable humanitarian giving.

Ali Al Mutawa, Secretary-General of the Endowments and Minors’ Trust Foundation in Dubai (Awqaf Dubai), praised the initiative, emphasising that it will fund humanitarian, educational, healthcare and community service projects.

He added that the endowment reflects the inherent values of generosity within the UAE community and enhances Dubai's position as a leading destination for sustainable endowments. He also mentioned that the Foundation is continuing its efforts to develop and grow endowments, in line with the vision of the wise leadership to make endowments an effective tool for sustainable community development.

He emphasised that such initiatives inspire individuals and institutions to increase their donations to charitable causes.

Notably, the Endowments and Minors’ Trust Foundation in Dubai manages endowment assets totalling Dhs11.1 billion, comprising 1,043 endowments from 578 donors.

Dubai is experiencing increasing growth in endowments, driven by the participation of more charitable citizens and residents, which reflects social cohesion and a sense of humanitarian responsibility.