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In December, Sheikh Mohamed, also Deputy Supreme Commander of the Armed Forces, said that Dh18.4bn worth of loans, homes and land in the emirate would be granted to 12,100 citizens.
Mohamed Hadid’s Le Belvedere Estate Sold. The home is said to have been sold for around $50,000,000, which is actually $9 million less than what it cost Mohamed to build it. If the deal goes through, this would be the highest real estate sale in the new year beating out the $46,500,000 paid for Bootjack Ranch by Texas energy executive Kelcy Warren.
Mohamed bin Zayed orders distribution of housing loans, houses, residential plots worth AED3.4 bn
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