Emirates NBD has partnered with Shamal Holding to offer mortgage financing for buyers of Shamal’s off-plan homes in Dubai.
Buyers can access financing once they have paid 50% of the property price. The financing continues through to handover.
Emirates NBD offers buyers and investors mortgage options with early clarity on rates and a streamlined approval process.
The offering also includes flexible payment support once the 50% milestone is reached.
By stepping in once a buyer reaches the halfway payment point, Emirates NBD is positioning itself earlier in the buying process than a standard post-handover mortgage would allow.
“The collaboration empowers customers to make informed investment and home ownership decisions with greater security and confidence,”
said Yousuf Saeed Mohd, Group Head of Priority and Personal Banking, and Retail Banking Sales at Emirates NBD.
“This partnership with Emirates NBD adds a vital new layer to our premium real estate strategy, extending that same standard of excellence to how our customers finance their homes,”
said Abdulla Binhabtoor, Chief Executive Officer of Shamal Holding.
The deal supports Emirates NBD’s home loan business while keeping to its usual risk checks.
Emirates NBD, based in Dubai, operates across 13 countries in the Middle East, North Africa, Türkiye and South Asia region.
Featured image: Edited by Fintech News UAE, based on image by Emirates NBD via its Press Release.
