ABU DHABI: Under the directives of Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Executive Council, the sweeping initiative includes 14 integrated housing projects across Abu Dhabi, with 26,000 residential units and nearly 9,000 residential land plots earmarked for Emirati citizens. The plan is aimed at enhancing the quality of life and addressing future housing demands in line with the leadership’s commitment to national welfare.

In addition to housing construction, the Crown Prince approved several major upgrades to the housing loans system. Among them is a community support subsidy of AED250,000, to be automatically and retroactively deducted from all AED1.75 million housing loans under the 2023 policy. Repayment periods have also been extended up to 30 years, offering reduced monthly instalments for beneficiaries.

A new repayment model, tailored to income levels and financial changes over time, will offer further flexibility. Moreover, deferred-payment home purchase loans will be introduced for low-income citizens aged 25 to 45, while citizens over 45 will be eligible for ready-built home grants.

In a move to encourage strong community ties, citizens will be exempted from fees related to mutually agreed land plot swaps.

Mohamed Ali Al Shorafa, Chairman of Abu Dhabi Housing Authority, expressed his appreciation for the leadership’s continued efforts to uplift the lives of Emiratis.

Echoing the sentiment, Director General Hamad Hareb Al Muhairi added that these decisions align with the ‘Year of Community’ initiative and will ease financial burdens significantly. The AED250,000 deduction and new monthly payment caps—10% of income or a maximum of AED10,000—will take effect from September 2025 and apply to all loans issued after 2015.