AED 255 Million Housing Loans assist 300 UAE Nationals
Mohammed Bin Rashid Housing Establishment to announce names of several hundred Emirati’s approved for a MRHE housing loan this month

May 28, 2008
Dubai
 In line with MRHE’s aim to provide housing loans for 300 locals each month, the Board of Directors has announced that the names of the beneficiaries will be made public on May 29th.

Commenting on the assigned housing loans, Mr. Sami Gargash, Deputy Directing Manager of MRHE, said: “The allocation of housing loans to UAE Nationals reflects the requirements of H.H. Sheikh Mohammed bin Rashid Al Maktoum. The Establishment strives to provide the means for locals, who fit the MRHE requirements, to obtain their own home through several means, one of which is the allocation of housing loans.”

MRHE has already started designating houses for the beneficiaries. 544 Villas have already been designated in Al Warqaa and 940 in Oud Al Matina. The MRHE previously designated 1211 plots of land in various locations throughout Dubai for its beneficiaries.