Partnership to facilitate off-plan home financing for buyers
Dubai South Properties, a wholly owned subsidiary of Dubai South, has entered into a strategic partnership with Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, to offer tailored off-plan mortgage solutions to its customers.
Dubai South Properties is currently developing multiple freehold real estate projects within Dubai South, the largest urban master development focused on aviation, logistics and real estate.
The Memorandum of Understanding (MoU) was signed by Shahid Ahmed, Chief Financial Officer, Dubai South and Rohit Garg, Group Head of Retail Products and Chief Digital Officer of Retail Banking and Wealth Management, Emirates NBD, in the presence of senior representatives from both organisations.
Collaboration
“This collaboration reflects our commitment to working with leading institutions to support the continued growth of Dubai South’s residential communities,” commented Ahmed.
“By delivering tailored, flexible mortgage solutions to prospective homeowners, we are empowering customers to make confident investment decisions, while supporting the city’s vision of sustainable urban growth and long-term prosperity,” added Garg.
Through this partnership, Emirates NBD is offering mortgage solutions with competitive rates and a streamlined approval process, giving buyers early financial clarity. Eligible buyers will be able to explore financing solutions from Emirates NBD for qualifying off-plan properties, subject to the bank’s applicable eligibility criteria, terms and conditions, a press statement concluded.
