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

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.

An 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.