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Dubai Islamic Bank to finance real estate

2019-08-04T22:07:28.892Z

Madan Real Estate Development Company has announced a strategic partnership with Dubai Islamic Bank (DIB), which will provide financial facilities for those interested in buying properties. The joint cooperation follows the announcement of «Arad» for the sale of more than 4000 units in the «serious» and «housing» Nesma »


Madan Real Estate Development Company has announced a strategic partnership with Dubai Islamic Bank (DIB), offering financial facilities for those interested in buying real estate.

The joint cooperation followed the announcement of «wanted» for the sale of more than 4000 units in the projects «serious» and «housing Nesma».

The cooperation between the two parties will allow real estate buyers to benefit from competitive profit rates and flexible payment plans, as well as the quick and easy completion of financial transactions without the requirement to transfer the salary. The bank will also open a special pavilion at the Maran Sales Center in Sharjah to help buyers.

"Achieving this high rate of sales during a time when the real estate sector in the UAE has faced many challenges reflects the strength of the real estate market in Sharjah," said Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Mirdad.

"We have recorded our highest sales in 2019 thanks to the efficiency and expertise of our staff at Mandar, as well as the quality and benefits of innovative products we have recently introduced."

"Our new partnership with Dubai Islamic Bank demonstrates our commitment to providing all possible avenues to enable them to own modern homes by leveraging a range of premium financing solutions. We look forward to working with all our partners to deliver on our promises, And the completion of the handover to its owners as soon as possible ».

"The bank is looking forward to providing buyers with the best financial facilities that will allow them to own their new homes with ease," said Faroon Saud, Head of Residential Finance at Dubai Islamic Bank.

Source: emara

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