Applicable for Dubai’s off-plan residential units under construction in Dubai
Emirates NBD has signed a strategic partnership agreement with Shamal Holding, a diversified investment firm to provide integrated home financing solutions for Shamal’s off-plan residential projects under construction across Dubai.
The collaboration enables an integrated, seamless experience for eligible home buyers and investors of Shamal’s premium projects, lending with greater security and confidence. By offering access to tailored mortgage options, the bank provides early-stage financial clarity, competitive rates and a streamlined approval process.
This partnership enhances the customer sales journey by embedding structured mortgage solutions once the homebuyer has secured the initial 50% of the property value. From this milestone through to handover, the bank’s financing solutions offer seamless support and flexible liquidity management with structured payment plans.
Initiative
This initiative also reflects the bank’s strong confidence in Dubai’s real estate market while driving responsible asset growth, allowing it to prudently expand its secured lending portfolio while maintaining strict risk management discipline.
“The collaboration empowers customers to make informed investment and home ownership decisions with greater security and confidence. It also reinforces our ambition to shape the next era of banking in the region while underscoring our long-term commitment to the UAE’s strong growth momentum,” stressed Yousuf Saeed Mohd, Group Head of Priority and Personal Banking, and Retail Banking Sales, Emirates NBD.
“As Dubai continues to set the global benchmark for real estate, we believe partnerships like this define how the industry must evolve: seamless, transparent and built entirely around the customer,” asserted Abdulla Binhabtoor, Chief Executive Officer, Shamal Holding.
