Abu Dhabi Housing Announces New Updates on Housing Programs for Citizens

In accordance with the instructions of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates, and at the command of His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Supreme Commander of the Forces UAE Armies, Citizens of the emirate of Abu Dhabi at a press conference Tuesday. "The new updates are aimed at meeting the needs of citizens by providing adequate housing, facilitating procedures and reducing waiting time for land and loans," said Hamad Nukhirat Al Ameri, Executive Director. Abu Dhabi Housing Authority. "The updates include the addition of a new residential program that allows citizens to buy residential land equipped with infrastructure to build housing at the cost of infrastructure, and according to the eligibility priorities defined in this program to provide more options for beneficiaries.

The Director General pointed out that the benefits include broadening user segments in the United Arab Emirates holding a copy of registration issued by an emirate other than the emirate of Abu Dhabi, provided that they justify their work in the United Arab Emirates. emirate for at least 15 years

Amiri added that the beneficiaries will be allowed to act and rent the acquired residential land, whether built or not, in the case of adequate housing and meeting the requirements of the Commission. 59005] According to the updated policies of the Abu Dhabi Housing Program, the maximum loan amount for the purchase of a prefabricated house will be raised to AED 2,250,000, with an additional exemption of 250,000 AED if the government does not pay the cost of the purchased real estate infrastructure. … more