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Abu Dhabi gives out $2.72bn in housing loans and plots

Sheikh Mohamed bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces.
By TRENDS Desk
November 27, 2021 5:24 pm
  • The housing package, worth a total of $2.72 billion, benefited 10,032 citizens in the Emirate of Abu Dhabi
  • The announcement coincides with the UAE's celebrations of 50th National Day, and reflects the leadership’s commitment to ensuring social stability, enhancing living standards

Following the directives of the President Sheikh Khalifa bin Zayed Al Nahyan, Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Abu Dhabi Executive Council, Abu Dhabi has announced disbursement of housing loans and houses, and residential plots and the exemption of families of deceased and retirees mortgagors from loan repayments.

The housing package, worth a total of $2.72 billion, benefited 10,032 citizens in the Emirate of Abu Dhabi.

The housing package coincides with the UAE’s celebrations of 50th National Day, 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 program, which was launched by His Highness Sheikh Mohamed bin Zayed.

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