President Sheikh Mohamed orders Dh1.5bn of housing benefits for Abu Dhabi citizens

Our President Sheikh Mohamed bin Zayed has ordered the distribution of Dh1.5 billion ($410 million) worth of housing benefits to Abu Dhabi citizens.

It is the second such announcement this year and it coincides with the holy occasion of Eid Al Adha.

The payout will include grants for home loans and exemptions from loan repayments.

More than 1,000 Emiratis will benefit from the package, including retirees and families in which the mortgage payer has died.

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