ABU DHABI, 2nd May, 2023 (WAM) Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has inaugurated the expansion of Al Falah housing project, providing 899 new homes to citizens at a cost of more than AED1.92 billion.During the inauguration, H.H. Sheikh Khaled was briefed on the infrastructure, building specifications and architectural design features of the project, which.
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More than 1,600 Emiratis were granted housing loans or had their debts cleared by the Abu Dhabi government on Sunday.
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, said housing loans would be granted to citizens in Abu Dhabi, and ordered for retirees and families of deceased mortgagors to be exempt from loan repayments.
The total value of the loans and exemptions is Dh2.21 billion, with 1,656 citizens to benefit, according to the statement published by Abu Dhabi Media Office.
Sheikh Mohamed gave the order following directives from President Sheikh Khalifa.
Under the directives of Khalifa bin Zayed, Mohamed bin Zayed orders housing loans to be disbursed to citizens #inAbuDhabi and for retirees and families of deceased mortgagors to be exempt from loan repayments. pic.twitter.com/gIkP3US4mm مكتب أبوظبي الإعلامي (@admediaoffice)