In May 2022, the UAE Cabinet endorsed a new policy on home finance for UAE nationals (Arabic, PDF 456 KB).
According to this policy, housing loans shall be financed through collaboration between the Sheikh Zayed Housing Programme (SZHP) and national banks. The UAE’s banks shall assume full responsibility for the process of loan funding for Emiratis, and SZHP shall fund the interests resulting from the loans, on behalf of the UAE nationals.
Read the Cabinet Resolution No. 61 of 2021 on the conditions and regulations of providing a housing assistance (Arabic, PDF 239 KB).
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29 Oct 2024