Abu Dhabi grants Dh4.4-billion worth housing loans to citizens, waives debts

The Capital's Crown Prince approved a Dh4.62 billion housing benefits package ahead of Eid Al Adha

  • PUBLISHED: Thu 5 Jun 2025, 3:09 PM

Abu Dhabi's Crown Prince approved a Dh4.62 billion-worth housing benefits package for citizens on June 5, a day before faithful across the country celebrate Eid Al Adha.

Under the move, 3,052 citizens will benefit from the package, which includes housing loans and exempting certain categories of citizens from repaying housing loans.

The housing loans — worth Dh4.4 billion — will benefit 2,862 citizens. Meanwhile, 190 citizens, which include retirees and beneficiaries of deceased citizens, will be exempted from repaying loans worth Dh212 million.

The initiative, approved by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, comes under the directive of UAE President, Sheikh Mohamed, in his capacity as Ruler of Abu Dhabi.

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The disbursement of the second housing package of 2025 comes ahead of Eid Al Adha and reflects the leadership’s ongoing commitment to comprehensive development, enhancing the wellbeing and stability of Emirati families and empowering them to actively contribute to the nation’s progress.

This package brings the total housing benefits delivered to citizens in Abu Dhabi in 2025 to Dh11.38 billion.

The housing benefits package follows the recent endorsement of an additional community support subsidy of Dh250,000 for existing beneficiaries of housing loans, including a reduction of up to 50 per cent in monthly loan instalments, and a wide range of other services and facilities.