Post by : Raina Mansoor
Photo : Dubai Government Media Office
Dubai Ruler Waives Over AED101 Million in Home Loans for 303 Citizens
In a kind and generous step, 303 Emirati families in Dubai will no longer have to pay back their home loans. This decision was made under the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai.
Acting on his father’s instructions, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, has ordered that the mortgage debts of these citizens—adding up to more than AED101 million—be fully cancelled.
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This thoughtful move is meant to make life easier for many families in Dubai. It shows the leadership’s strong commitment to helping its people and putting their well-being first.
The announcement came just ahead of Eid Al-Adha, one of the most important holidays in the Islamic calendar. For the families who received this good news, it has brought a lot of joy and relief during this special time.
The decision reflects how much the UAE’s leaders care about their people and want to support them in building better, happier lives.
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