Cooperation between "Dubai South" and"Emirates NBD" To facilitate off-plan housing financing solutions for buyers
Dubai, July 22 / WAM / Dubai South Real Estate Company, wholly owned by Dubai South, has entered into a strategic partnership with Emirates NBD Bank, with the aim of providing its customers with housing financing solutions tailored to off-plan properties.
Dubai South Properties is currently developing multiple freehold real estate projects in Dubai South, the largest major development project focusing on the aviation, logistics and real estate sectors.
The MoU was signed by Shahid Ahmed, Chief Financial Officer at Dubai South, and Rohit Garg, Head of Retail Products and Chief Digital Officer – Retail Banking and Wealth Management at Emirates NBD Group, in the presence of a number of senior officials from both sides.
Through this initiative, Emirates NBD aims to meet the growing demand for real estate financing in one of the most promising growth areas in Dubai, allowing buyers and investors greater financing flexibility through eligible projects.
Shahid Ahmed stressed Dubai South’s commitment to facilitating the homeownership journey and making it more flexible, pointing out that the memorandum of understanding with Emirates NBD provides real estate financing solutions tailored for off-plan projects for qualified buyers.
For his part, Rohit Garg said that by providing flexible and customized real estate financing solutions for those wishing to buy homes, the bank contributes to enabling its customers to make informed investment decisions, in addition to supporting the emirate’s vision for sustainable urban development and long-term prosperity.
Under this collaboration, Emirates NBD provides real estate financing solutions at competitive prices and simplified approval procedures, providing buyers with a clear picture of their financing options at early stages.
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