UAE President orders AED 3 billion Abu Dhabi housing package

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UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has ordered the disbursement of AED 3 billion of housing benefits to citizens of the Emirate.

It will cover housing loans for 1,900 citizens in the UAE capital, and give loan exemptions for retirees and to the families of a deceased mortgage holders. 

This is the third housing package of 2022, taking the total value to AED7 billion and total number of beneficiaries to more than 4,000.

The move reflects the leadership’s commitment to ensuring social stability, enhancing living standards and enabling citizens to raise strong and stable families that will benefit the future of the UAE. 

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