President Sheikh Mohamed has ordered all submitted applications to the Sheikh Zayed Housing Programme to be finalised. Photo: Crown Prince Court Abu Dhabi
President Sheikh Mohamed has ordered all submitted applications to the Sheikh Zayed Housing Programme to be finalised. Photo: Crown Prince Court Abu Dhabi
President Sheikh Mohamed has ordered all submitted applications to the Sheikh Zayed Housing Programme to be finalised. Photo: Crown Prince Court Abu Dhabi
President Sheikh Mohamed has ordered all submitted applications to the Sheikh Zayed Housing Programme to be finalised. Photo: Crown Prince Court Abu Dhabi

President Sheikh Mohamed orders delivery of Dh2.3bn housing loans for Emiratis


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President Sheikh Mohamed has ordered Dh2.3 billion of grant applications made to the Sheikh Zayed Housing Programme to be finalised.

The move is in line with a long-standing vision to provide decent living conditions for Emiratis and enhance their quality of life and falls under the initiatives of the President.

Suhail Al Mazrouei, Minister of Energy and Infrastructure, said all pending applications for funding assistance will be processed in the next five years.

This includes requests for construction, upgrades and maintenance.

Mr Al Mazrouei said his ministry would work with the Follow-Up Committee of the Initiatives of the UAE President to carry out the directives within the five-year time frame.

He said the policy was testament to the President's determination to meet the needs of the country's citizens.

The UAE last month announced plans to support thousands of Emiratis as part of its housing strategy.

Thirteen thousand Emirati families living in the Northern Emirates will be eligible for interest-free home loans under the government plan.

A total of Dh11.5 billion ($3.1bn) will be given to families in Sharjah, Ajman, Ras Al Khaimah, Umm Al Quwain and Fujairah in the first phase of the plan, which will take place between 2022 and 2026.

Emiratis must submit requests to the Ministry of Energy and Infrastructure to obtain housing loans through the Sheikh Zayed Housing Programme.

The project was announced by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, on May 9.

The Sheikh Zayed Housing Programme was established in 1999 and provides interest-free loans repayable over a 25-year period to citizens with low incomes.

Grants and non-reimbursable assistance are dispensed to those who most need support.

The Sheikh Zayed Housing Programme gives priority to orphans, widows, aged people and people with special needs.

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Sebastian Vettel (Ferrari)
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Valtteri Bottas (Mercedes-GP)
Lewis Hamilton (Mercedes-GP)

3rd row 
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Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
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  • Disruption Lab and Research Centre for developing entrepreneurial skills
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Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

MATCH INFO

Al Jazira 3 (O Abdulrahman 43', Kenno 82', Mabkhout 90 4')

Al Ain 1 (Laba 39')

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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Updated: June 06, 2022, 5:12 AM`