New Housing Loans for Subdivided Agricultural Land in Abu Dhabi

Summary:

The Abu Dhabi Housing Authority (ADHA) and the Urban Planning and Permits Centre have launched the Housing Construction Loan on Subdivided Agricultural Land service, aligning with the Year of Family initiative to enhance family stability and social cohesion. This service allows owners to subdivide agricultural land for their descendants, enabling them to apply for a loan of AED1.75 million and a grant of AED250,000, subject to conditions. Initially available in Al Rahbah, Al Bahyah, and Al Samhah, the service requires cancellation of any inactive loans or land grants. Further details will be provided by year-end.