Abu Dhabi sets up committee on housing grants for UAE Nationals issued before October 2018

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UAE
  • Date: 06-May-2024
  • Source: Gulf News
  • Sector: Real Estate
  • Country: UAE
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Abu Dhabi sets up committee on housing grants for UAE Nationals issued before October 2018



The Abu Dhabi Housing Authority's new committee has a specific mandate - conveyance of housing grants issued before October 2, 2018 to uae Nationals. Image Credit: Supplied

Dubai: A new committee has been set up by the Abu Dhabi Housing Authority to handle all requests related to housing grants for UAE Nationals.

This committee will only handle housing grants issued under legislation that was in effect before October 2, 2018, on all deals related to the selling or exchanging with other UAE citizens.

It has started accepting requests from today (May 6) and will continue until July 31 at the ISKAN Abu Dhabi Center.

"The committee aims to address the cases that took place before October 2, 2018, in accordance with the approved regulations and to uphold public interest," the ADHA said in the statement. 

The requests must include the relevant contract of sale or exchange, in addition to an official proof of the financial implications, which was paid or received during the conveyance process.

When it comes to the conveyance of housing grants through sale and purchase, the citizen must own the residential land or a suitable alternative housing option in the emirate. There must be an undertaking not to sell

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