Abu Dhabi has approved disbursement of the first housing and benefits package in 2024 in the emirate, totaling at AED 2.18 billion.
The benefits have been distributed among 1,502 citizens across the emirate.
The housing benefits package includes housing loans, ready-built houses and residential land grants, totalling more than AED 2.082 billion.
Additionally, senior citizens, retirees with low incomes, and the families of deceased citizens have been exempted from housing loan payments, amounting to more than AED 98 million.
The approval to the housing benefits package was given by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, under the directives of President Sheikh Mohamed bin Zayed Al Nahyan.
Mohamed Ali Al Shorafa, Chairman of the Board of Directors of Abu Dhabi Housing Authority, said the initiative strives to improve the welfare of the emirate’s citizens and their families.
The distribution of this year’s first housing benefits package coincides with the upcoming Eid Al Fitr, reflecting the leadership’s dedication to ensuring the wellbeing of Emirati families.
This initiative seeks to provide adequate housing that meets their needs, enhances their welfare, and supports their stability and overall quality of life, thereby nurturing the continuous holistic development of the Emirate of Abu Dhabi.
With this package, the total value of housing benefits disbursed since the establishment of the Abu Dhabi Housing Authority reaches more than AED149 billion.
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