Rakbank has partnered with RAK Properties to launch an off-plan home financing option for buyers in Ras Al Khaimah.

The arrangement lets eligible customers access financing at different stages of a purchase, from an initial payment through to handover.

The financing applies mainly to off-plan units. Buyers make a low initial payment to access structured instalments through construction, subject to eligibility and terms and conditions.

The offering covers select developments, including Skai, Quattro Del Mar, Solera, NURA, Anantara Residences, Anantara Villas, ENTA, Lunara on The Strand, Mirasol 1, Mirasol 2, Beach Villas and Edge.

“By partnering with Rakbank on this exclusive product, we’re pleased to offer one of the most accessible home financing solutions on the market,”

said Sameh Muhtadi, Chief Executive Officer of RAK Properties.

“Buying a home is one of life’s biggest milestones and, for many people, the fulfilment of a long-held dream. Our role is to help make that dream feel more achievable,”

said Raheel Ahmed, Group Chief Executive Officer of Rakbank.

The financing option is available now across the listed developments, subject to buyer eligibility.

Featured image: Edited by Fintech News UAE, based on image by RAK Properties via its website.