Sign In

Delhi News Daily

  • Home
  • Fashion
  • Business
  • World News
  • Technology
  • Sports
  • Politics
  • Lifestyle
  • Entertainment
Reading: UAE: Dubai businessman donates 7 buildings worth AED 110 million ($29.7M) to charity | World News – The Times of India – Delhi News Daily
Share

Delhi News Daily

Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Delhi News Daily > Blog > World News > UAE: Dubai businessman donates 7 buildings worth AED 110 million ($29.7M) to charity | World News – The Times of India – Delhi News Daily
World News

UAE: Dubai businessman donates 7 buildings worth AED 110 million ($29.7M) to charity | World News – The Times of India – Delhi News Daily

delhinewsdaily
Last updated: October 23, 2025 10:14 am
delhinewsdaily
Share
SHARE


Contents
A landmark real estate contributionUnderstanding Waqf and social impactGolden Visa incentives for humanitarian donors
UAE: Dubai businessman donates 7 buildings worth AED 110 million ($29.7M) to charity
Emirati businessman and former diplomat Hamad bin Ahmed bin Salem Al Hajri / Image: X-DXB Media

Dubai’s philanthropic landscape received a major boost as Emirati businessman and former diplomat Hamad bin Ahmed bin Salem Al Hajri donated seven buildings across the city, with an estimated total value of AED 110 million ($29.7 million), one of the largest real estate endowments this year. The donation was registered with the Dubai Awqaf and Minors Affairs Foundation (Awqaf Dubai), reflecting the continued growth of charitable endowments in the emirate.

A landmark real estate contribution

The seven properties as Khaleej Times, span several key areas in Dubai, including Sheikh Mohammed bin Rashid Gardens, Al Hebiah Fourth, and Al Murraqad, each officially registered with property numbers. This diversity underscores the sustainability and long-term returns of such endowments, which are managed to support social and humanitarian projects. Awqaf Dubai oversees endowment assets valued at AED 11.1 billion ($2.997 billion), comprising 1,043 endowments from 578 donors. The foundation’s portfolio includes real estate, investment shares, and charitable funds, reflecting a commitment to generating sustainable income for public benefit.

Understanding Waqf and social impact

A Waqf is an Islamic charitable endowment where assets are permanently dedicated to public or family benefit. In Dubai, these endowments support education, healthcare, mosque affairs, and low-income families, with profits reinvested to fund ongoing projects. Awqaf Dubai actively manages these trusts, ensuring Sharia compliance, transparency, and steady returns. For instance, in 2025, the foundation approved AED 35.7 million ($9.64 million) in dividends for minors, marking a 16% growth from previous years. The foundation also completed real estate endowment projects worth over AED 23 million ($6.21 million) in the first half of 2025 alone. The foundation has strengthened partnerships to maximize social impact, particularly through real estate investments, generating sustainable income for community welfare. It also promotes awareness of charitable giving among students and residents, encouraging participation in endowment programs.

Golden Visa incentives for humanitarian donors

The UAE has extended its Golden Visa programme to include donors supporting Islamic charitable endowments, or Waqf. Introduced in 2019, the Golden Visa offers 10-year renewable residency to investors, entrepreneurs, scientists, and professionals in high-value sectors. Under the new category announced at GITEX Global 2025, donors contributing a minimum of AED 2 million ($540,000) to certified Waqf or humanitarian projects, and nominated by Awqaf Dubai or an authorized organization, are eligible for residency under the category of “financial supporters of humanitarian work.” This move incentivizes high-value philanthropic contributions and aligns with Dubai’s vision of sustainable community development.





Source link

Share This Article
Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article King Charles in Rome: Why the Church of England and Catholic Church have a complicated ecumenical relationship | World News – The Times of India – Delhi News Daily
Next Article Flights cancelled and a ‘mega strike’ disrupted as dangerous winds hit New Zealand – The Times of India – Delhi News Daily
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • India’s high intensity training session at Wankhede Stadium – Delhi News Daily
  • Congress Releases First List Of Candidates For Assam Polls, Fields Gaurav Gogoi In Jorhat – Delhi News Daily
  • Global Markets | Japanese stocks plummet as Mideast conflict widens – Delhi News Daily
  • Andrew Was A Target for Foreign Influence? WILD Report Claims Handlers Exploited Rift With Charles – Delhi News Daily
  • Shivakumar To Host Dinner For Karnataka Congress MLAs, MLCs Amid Leadership Change Buzz – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

World News

‘Put travel plans on hold’: H-1B visa warning issued by University of Southern California; ‘Until further guidance’ – The Times of India – Delhi News Daily

University of Southern California has issued a travel warning for H-1B faculty. The University of Southern California has issued a…

5 Min Read
World News

Watch: Mount Lewotobi erupts in Indonesia; sends ashes 10kms in the sky | World News – Times of India – Delhi News Daily

Mount Lewotobi Laki-Laki volcano erupts in Indonesia (Pic credit: AP) Mount Lewotobi Laki-Laki volcano located in eastern Indonesia, erupted on…

4 Min Read
World News

‘You work for us, not billionaires’: Joe Biden fires fresh salvos at Donald Trump, slams his ‘golden age’ claim – The Times of India – Delhi News Daily

Former US President Joe Biden delivered one of his strongest attacks yet on MAGA chief Donald Trump during a speech…

6 Min Read
World News

America’s 250th birthday: Is US getting a $1 Trump coin? Here’s what Treasury said – The Times of India – Delhi News Daily

The US Treasury is considering a $1 coin featuring President Donald Trump to mark the country’s 250th anniversary, a Treasury…

5 Min Read

Delhi News Daily

© Delhi News Daily Network.

Incognito Web Technologies

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?