The new strategic partnership will allow Amlak Finance to sell its properties on easy instalment payment plans
Amlak Finance, the specialised Islamic real estate financier, recently announced a newly formed partnership with Dubai Land Department (DLD).
This strategic cooperation aims at allowing customers to invest in ready and well-maintained properties listed by Amlak Finance via easy instalment payment plans for a tenure of up to six years.
The agreement was signed by Juma Bin Humaidan, Deputy Director General, Dubai Land Department, and Arif Alharmi Albastaki, CEO, Amlak Finance.
“This partnership comes in line with our approach to support all parties in the real estate market and help provide flexible options to ensure the attraction of real estate investors locally, regionally, and globally,” noted Bin Humaidan.
The partnership aims to enhance the investment appetite for the Dubai real estate market while stimulating growth in the vital property sector. The newly accessible, easy-instalment payment plan feature applies specifically to all properties that are owned by Amlak Finance.
“At Amlak, we believe this new offering is not only well-suited for the market but also comes at a time when customers are looking to ease their financial burdens,” commented Albastaki.
