UAE approves over AED 2 billion in housing benefits in 6 months

Wednesday, 7 August 2024 19:26

By ARN News Staff

The UAE Cabinet, headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved housing benefits worth over AED 2 billion during the first half of 2024.

As many as 2,618 applications were approved during the six-month period as part of efforts to provide quality housing to UAE citizens and enhance their quality of life.

The approvals included 631 grants totalling nearly AED 431 million and 1,987 housing loans amounting to AED 1.6 billion.

This focus on housing supports the UAE’s strategy for social stability and meets the needs of its growing population.

اعتمد مجلس الوزراء برئاسة صاحب السمو الشيخ محمد بن راشد آل مكتوم، نائب رئيس الدولة رئيس مجلس الوزراء حاكم دبي، رعاه الله، 2618 موافقة سكنية بقيمة تجاوزت 2 مليار درهم خلال النصف الأول من عام 2024، في إطار الجهود المتواصلة لتوفير الحياة الكريمة والمسكن الملائم لجميع المواطنين. pic.twitter.com/LzgoFFUVpv
— UAEGOV (@UAEmediaoffice) August 7, 2024

More from Local News

Road closures announced for Stage 4 of UAE Tour 2026

The UAE Tour 2026 has announced several road closures for the fourth stage of the race, where cyclists will cover a total of 182 km as they pass through the greatest number of different Emirates in the challenge, starting from 12:50 pm.
UAE, New Zealand FMs discuss strengthening partnership ties

Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has discussed strengthening cooperation with his New Zealand counterpart Winston Peters during a phone call on Wednesday.
UAE announces partial road closure on Emirates Road

The UAE's Ministry of Energy & Infrastructure has announced that the lane heading towards Sharjah from Dubai on Emirates Road at Bridge No. 7 will be closed starting from Thursday, February 19.
Dubai boosts status as global healthcare hub with strong 2025 growth

Dubai’s healthcare sector recorded strong growth in 2025, reinforcing the emirate’s goal of becoming a global hub for advanced medical services.
UAE President, US Senator discuss strategic ties

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received US Senator Lindsey Graham at Qasr Al Shati in Abu Dhabi on Wednesday.
H.H. Sheikh Mohammed pardons 1,856 prisoners

As many as 1,856 prisoners of various nationalities will be released from Dubai's correctional facilities on the occasion of the holy month of Ramadan.
UAE President pardons 1,440 prisoners

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has ordered the release of 1,440 inmates from correctional institutions across the country at the beginning of the holy month of Ramadan.
Dubai exempts 316 citizens from housing loan repayments

Dubai has announced the exemption of 316 Emirati citizens from housing loan repayments.
Here's how you can contribute to UAE's 'Edge of Life' campaign

The UAE's 'Edge of Life' campaign has announced seven channels through which individuals and institutions can make their contributions.
Dubai Holding unveils 3rd edition of 'Gift it Forward' Ramadan initiative

Keeping with the spirit of the holy month of Ramadan, Dubai Holding has launched the third edition of the 'Gift It Forward' initiative that repurposes thousands of new items and products into distinctive, one-of-a-kind gifts for those in need.
UAE Floating Hospital offers hope to Palestinian child with rare genetic condition

A 13-year-old Palestinian girl, with a rare, potentially life-threatening genetic disease, has got a new lease of life after undergoing a specialised treatment at the UAE Floating Hospital in Egypt's Al Arish.
UAE leaders share Ramadan greetings on social media

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has extended his sincere wishes to the people of the UAE and around the world to mark the start of the holy month of Ramadan on Tuesday.
UAE confirms first day of Ramadan

The UAE Presidential Court has confirmed that Wednesday, February 18, will be the first day of the holy month of Ramadan.
UAE Tour 2026 announces road closures for Stage 3 race

Several road closures are set to take place between Umm Al Quwain and Ras Al Khaimah starting from 12:00 pm on Wednesday for Stage 3 of the UAE Tour 2026, which includes a 183 km race.
Dubai adjusts paid parking, Salik hours for Ramadan

Most paid parking zones in Dubai will operate on a two-shift system from Monday to Saturday during Ramadan.
Dubai expands road network with new Al Rowaiyah corridor

Dubai’s Roads and Transport Authority (RTA) has completed Al Rowaiyah Street, a 3.5‑kilometre link connecting Sheikh Mohammed bin Zayed Road with Sheikh Zayed bin Hamdan Al Nahyan Street, near Dubai Silicon Oasis and Nadd Hessa.
Dubai Camp drives next phase of government innovation

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, has attended the second edition of Dubai Camp, an annual strategic forum bringing together senior Dubai Government officials.
UAE extends Emirates Mars Mission until 2028

The UAE has extended the Emirates Mars Mission until 2028, Dr Ahmad Belhoul Al Falasi, Chairman of UAE Space Agency, confirmed during a press conference on Tuesday.
UAE joins 7 nations in condemning Israel's West Bank land registration plan

The UAE has joined Turkey, Egypt, Jordan, Indonesia, Pakistan, Saudi Arabia, and Qatar in condemning Israel's decision to convert lands in the West Bank into "state property".
Dubai Holding, Nord Anglia Education partner to develop new premium schools

Dubai Holding Investments has partnered with Nord Anglia Education to develop and operate state-of-the-art, premium K-12 schools across the Emirate.

News

Road closures announced for Stage 4 of UAE Tour 2026
The UAE Tour 2026 has announced several road closures for the fourth stage of the race, where cyclists will cover a total of 182 km as they pass through the greatest number of different Emirates in the challenge, starting from 12:50 pm.
UAE, New Zealand FMs discuss strengthening partnership ties
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has discussed strengthening cooperation with his New Zealand counterpart Winston Peters during a phone call on Wednesday.
UAE announces partial road closure on Emirates Road
The UAE's Ministry of Energy & Infrastructure has announced that the lane heading towards Sharjah from Dubai on Emirates Road at Bridge No. 7 will be closed starting from Thursday, February 19.

UAE approves over AED 2 billion in housing benefits in 6 months

More from Local News

News

Our Shows

Quick Links

Listen on the Go

UAE approves over AED 2 billion in housing benefits in 6 months

Share

More from Local News

News

Our Shows

Quick Links

Listen on the Go