Dhs520,000 raised to settle rent arrears of 97 families

With support from Dubai Islamic Bank, the Ras Al Khaimah Charity Association launched a humanitarian initiative to support families struggling to pay rent arrears due on their rented homes to real estate agents and landlords.

- Adnan Okasha, Staff Reporter

The initiative aims to enhance the financial and social stability of insolvent families and alleviate the burden they face in meeting their financial obligations. According to Abdul Aziz Al Zaabi, Chairman of the Board of Directors of the Ras Al Khaimah Charity Association, the initiative targets 97 low-income families at a total cost of Dhs520,000.

The association will begin implementing the initiative in the coming days to avoid potential legal action related to rent arrears, which could negatively impact the lives of individuals and families, he said.