Continuation of the family stability housing program in the UAE.
The housing program of Sheikh Zayed, which was launched in 1999, continues to be implemented in the UAE. This program helps low-income citizens to obtain interest-free loans for the purchase or construction of their own homes and repay them over a period of 25 years.
Under this program, the government allocates funds to improve the housing conditions of citizens, which helps to improve their standard of living. For example, during the holy month of Ramadan, over $81 million was allocated to provide a decent life and improve the living standards of Emirati citizens.
According to the decision of the President of the UAE, all citizen requests for improving housing conditions and financial assistance will be reviewed over the next 5 years. This means that citizens who wish to build, complete, or purchase their own homes will be provided with financial assistance.
In addition, as part of the housing program, 13,000 Emirati families from the Northern Emirates will have the right to receive interest-free housing loans from the country's banks. This will help these families improve their housing conditions and raise their standard of living.
It is worth noting that the housing program for UAE citizens is one of the largest and most successful programs in the world, which has helped many Emirati citizens improve their housing conditions and raise their standard of living. It continues to develop and help citizens realize their dreams of owning their own homes.
Keywords: Housing program Family stability UAE (United Arab Emirates) Low-income citizens Interest-free loans Homeownership Financial assistance Living conditions Quality of life North Emirates Citizen applications Government funding Housing conditions improvement Five-year plan Successful program