Mohamed bin Zayed orders distribution of housing loans, residential lands worth over AED18.3 billion to citizens in Abu Dhabi

ABU DHABI, In line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of Abu Dhabi Executive Council, has instructed the provision of housing loans and residential lands worth more than AED18.3 billion to 12,475 beneficiaries in the Emirate of Abu Dhabi.

Sheikh Mohamed approved 8,662 housing loans valued at AED16.2 billion, the allocation of 953 government houses valued at AED79 million, and the provision of 2,213 residential plots valued at AED1.41 billion.

The move is consistent with keenness of His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohamed bin Zayed Al Nahyan to ensure social stability and to provide decent living standards to Emiratis.

Source: Emirates News Agency