2 weeks Ago
Emiratis who have taken out a loan to build or purchase a house can apply for a top-up of up to Dh500,000 under the Abu Dhabi government's new initiative, it was announced on Saturday. This initiative enables eligible citizens to secure additional financing on their original loans of Dh1.75 million, helping them obtain housing that better meets their needs, the authorities said.
Stay up to date with the latest news. Follow KT on WhatsApp Channels. The Abu Dhabi Housing Authority (ADHA) has partnered with Abu Dhabi Commercial Bank (ADCB) to offer the top-up loans, with interest and Murabaha options supported by the Abu Dhabi government.
Here are the eligibility criteria: Here are some of the terms: Eligible citizens can explore the financing options through the Adha's mobile application or visit the ‘Iskan Abu Dhabi’ directly. This collaboration was formalised through the signing of an agreement by His Excellency Hamad Hareb Al Muhairi, Director General of the Abu Dhabi Housing Authority and Ala’a Eraiqat, Chief Executive Officer of ADCB Group..
