Exemption of 426 fallen citizens to pay housing loans in Dubai

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense and Chairman of the Executive Council of the Emirate of Dubai, said in a tweet on his official account on the “X” platform: “Today I headed the meeting of the Supreme Committee for Development and Citizen Affairs in Dubai, where we adopted a package of qualitative initiatives and projects under the title” The Welfare and Quality of Citizen Life “. That the citizen is first, second and third in all of our projects and initiatives … We also adopted during the meeting the executive plan for community endowments with real estate and financial assets of 10 billion dirhams, and with expected returns amounting to one billion dirhams annually by 2033 … a new model with sustainable returns for sustainable giving. “

His Highness added: “During the meeting, I looked at a comprehensive report on the committee’s achievements and its most prominent future projects, which aim to improve the quality of the life of all segments of our society. Since its establishment, the committee has supported and continued to employ more than 33,400 citizens and citizenship in the government and private sectors, and in the housing file, 1,315 housing units have been implemented, and 10,131 land grants, 8,663 financial and housing grants, have been provided to Part from 9,204 housing loans … housing is a priority, and we will continue to follow this file in all its details for the comfort and stability of citizens …. We work today for a more prosperous tomorrow … and a more coherent society … and a more happier citizen, and we announce to you that the next in Dubai is better and more beautiful. “

His Highness continued: “426 citizens of the defaulters were exempt in paying housing loans at a value of 146 million dirhams, and on the sidelines of the meeting we launched the” Retired Retirement Initiative “, in appreciation of the bid they provided in the service of Dubai and its people, where the initiative includes an integrated package of projects and programs to support and empower them, as we also adopted the” Ajyal Camp initiative “, which will bring together the generation of fathers and children for camping in Dubai desert, with the aim of instilling social skills, enhancing communication between generations, and consolidating our authentic values. “