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Deyaar Development, DIB to offer attractive home financing solutions

Deyaar Development, DIB to offer attractive home financing solutions
The handover of Afnan District began in early November
DIB
DIB
0.70% 5.74 0.04
Deyaar
DEYAAR
0.28% 0.36 0.00

Dubai – Mubasher: Deyaar Development has collaborated with Dubai Islamic Bank (DIB) to benefit from the bank’s unique and customised home financing solutions to contribute to homeownership in Deyaar’s Midtown development.

Future Midtown development' purchasers will enjoy a buying experience that is free of any hassle, as they can make full payment upon receiving their properties through flexible home financing programmes with monthly instalments up to 25 years.

Moreover, the owners can further extend their payments at competitive prices and discounted fees from DIB, according to a press release on Wednesday.

Commenting on this, the CEO of Deyaar, Saeed Al Qatami, said, “The timing has never been better for a financing partnership of this kind, with handover of Midtown’s Afnan District ongoing and Dania District set for completion soon.”

Meanwhile, DIB’s chief of Home Finance, Varun Sood, added, “We are constantly striving to provide customers with a hassle-free and happy homeownership experience, and work hand-in-hand with them all through their home-buying life cycle. Reflective of this philosophy is our new positioning 'Experience the Happy Way Hom' which is built around not just realizing the life-long dream of homeownership, but also doing so in the most convenient and pleasant manner."

Afnan and Dania Districts will meet the needs of residents and visitors alike, comprising of a retail area spanning over 30,000 square feet with a wide variety of outlets, “including anchor supermarket, nursery, F&Bs, and others such as service providers, health and beauty, fashion, and entertainment." 

The handover of Afnan District began in early November, whilst Dania is set for completion by the end of 2019.