The Central Bank wishes to support specific Government housing programs that are established for the purpose of serving society for the betterment of communities and individuals.

The Central Bank will engage with such programs directly and seek to agree a more preferential regulatory treatment where loans under such programs are guaranteed by the Government.

Where the loan amount advanced to a UAE National to construct or purchase a property for ‘owner occupation purposes’ under a local housing program is guaranteed, the maximum DBR allowable is increased to 60 percent.

The maximum LTV allowable may be increased to 85 percent when the value of the property is AED 5 million or less.