Latest news with #HamadHarebAlMuhairi
Sharjah 24
4 days ago
- Business
- Sharjah 24
Khaled bin Mohamed approves AED4.62 billion housing package
More than 3,000 Emiratis to receive housing support A total of 3,052 Emirati citizens across Abu Dhabi will benefit from the latest package. The support includes AED4.4 billion in housing loans for 2,862 individuals. Additionally, AED212 million has been allocated to exempt 190 citizens—comprising limited-income retirees and beneficiaries of deceased citizens—from loan repayments. Housing package timed for Eid Al Adha and UAE Year of Community This second housing package of 2025 has been strategically issued ahead of Eid Al Adha. It reflects the leadership's commitment to strengthening family wellbeing, improving quality of life, and aligning with the UAE Year of Community. The initiative aims to deepen social cohesion and reinforce community bonds. Total housing support for 2025 reaches AED11.38 billion With the approval of this package, the total value of housing benefits provided to citizens in Abu Dhabi during 2025 has reached AED11.38 billion. This continued investment underscores the government's long-term vision of sustainable development and citizen empowerment. Abu Dhabi Housing Authority leaders commend initiative Mohamed Ali Al Shorafa, Chairman of the Board of Directors at the Abu Dhabi Housing Authority, highlighted the leadership's enduring support for citizens through quality housing initiatives. He stated that the package is a powerful example of the government's efforts to enhance family stability and social wellbeing. Hamad Hareb Al Muhairi, Director-General of the Abu Dhabi Housing Authority, added that the package reflects the forward-looking vision of the leadership. He emphasized that it aims to provide sustainable housing solutions that fulfill the needs and aspirations of Emirati families while securing their long-term prosperity. Broader support measures also recently approved This housing initiative follows the recent approval of an additional community support subsidy of AED250,000 for existing beneficiaries of housing loans. The support includes significant reductions in monthly loan instalments—up to 50 percent—and access to various other supportive services and facilities aimed at improving living standards for citizens.
Zawya
20-02-2025
- Business
- Zawya
H.H. Sheikh Hazza bin Zayed inaugurates Al Saad residential project in Al Ain city
Abu Dhabi: Following the directives of H. H. Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, H.H. Sheikh Hazza bin Zayed Al Nahyan, Ruler's Representative in the Al Ain region inaugurated the Al Saad residential project in Al Ain city, the project includes 306 new residential units spread over 123 hectares with a total cost of AED 993.7 million In addition to learning about the external and internal designs, His Highness was given a comprehensive explanation of the project's specifications during the inauguration. All residential villas were built in compliance with the latest international standards and best practices to satisfy the demands of customers in a way that advances social welfare and contributes to the creation of an integrated, modern residential environment that enhances quality of life. Villas in the Al Saad project, which is overseen by the Abu Dhabi Housing Authority (ADHA) in partnership with Abu Dhabi Projects and Infrastructure Centre, consist of 5 bedrooms in a total area of 505 square meters, built on residential lots of 2,025 square metres each. In addition to residential villas, the project includes integrated community and service facilities, such as three commercial complexes with 18 stores, one mosque and two masjids with a total capacity of 2260 visitors, and 34 parks and community centres (majlis) covering a total area of 674 square meters. During the inauguration ceremony, His Highness was accompanied by H.E. Mohamed Ali Al Shorafa, Chairman of the Board of Directors of Abu Dhabi Housing Authority, H.E. Hamad Hareb AlMuhairi, Director General of Abu Dhabi Housing Authority, Eng Maysarah Mahmoud Eid, Acting Director-General of Abu Dhabi Centre for Projects and Infrastructure, and His Excellency Rashid Musabah Al Manai, the Director General of Al Ain municipality. H.E. Mohamed Ali Al Shorafa, Chairman of the Board of Directors of Abu Dhabi Housing Authority commented on the occasion, saying: 'The Al Saad residential project embodies the ADHA's efforts to build integrated residential communities that provide innovative residential choices for residents, in accordance with the highest international standards. This is a significant step forward in advancing the vision and directives of our wise leadership, which prioritise citizens' welfare, stable families, and adequate housing.' 'The project is a significant addition to the extensive portfolio of residential projects the authority is striving to complete across Abu Dhabi [U11], which reflects our commitment to shaping a sustainable residential system that improves the lives of residents in Al Ain,' His Excellency added. H.E. Hamad Hareb AlMuhairi, Director General of Abu Dhabi Housing Authority stated: 'The Al Saad residential project was designed to meet the growing demands of residents, while also supporting the ongoing expansion of Al Ain City. It was thoughtfully created to enhance the citizens' quality of life by accommodating their needs in terms of space and design. As we go forward, we will continue to focus on integrated communities that provide residents with the necessary services and amenities.' 'More importantly, the authority will allow the beneficiaries to choose their homes, fostering family cohesion and addressing each individual's needs in accordance with his or her social and family circumstances,' His Excellency added. Commenting on the inauguration, Eng Maysarah Mahmoud Eid, Acting Director-General of Abu Dhabi Centre for Projects, and Infrastructure said: 'By working together with the ADHA, we reiterate our unwavering commitment to improving the lives of the people we serve. We will continue to provide superior public and community facilities that ensure comfort, follow the most stringent sustainability guidelines, and raise living standards across the Emirate.' It is worth noting that the Abu Dhabi Housing Authority has contributed, since its establishment in 2012, to providing appropriate government housing for the citizens of the Emirate of Abu Dhabi. It supervised the delivery of residential plots of land and ready-made housing, approved housing loans, and granted exemptions from housing loans, with the total value of these housing benefits reaching more than 162 billion AED and benefiting more than 118,700 male and female citizens. About Abu Dhabi Projects and Infrastructure Centre Established in 2023, ADPIC's vision is to oversee and manage capital projects aimed at enhancing the quality of life for every resident in the Emirate of Abu Dhabi. This involves diverse projects such as housing, infrastructure, tourism, community facilities, and education. ADPIC's mandate includes managing contracts, reviewing, approving, planning, and designing capital projects. These are overseen by the Centre in close collaboration with relevant entities and stakeholders to ensure quality is maintained while also facilitating efficient project execution in alignment with Abu Dhabi's strategic goals. Throughout its operations, the Centre is committed to strengthening public-private partnerships and adopting global best practices in sustainability. [U11] Abu Dhabi or Al Ain, pls verify
