Dubai South Properties and Emirates NBD signed a strategic partnership on Wednesday designed to provide tailored off-plan mortgage solutions for homebuyers and property investors. This collaboration aims to address the specific financing needs of buyers looking to invest in properties under construction within the emirate.
Dubai South Properties, a wholly owned subsidiary of Dubai South, is currently developing several freehold real estate projects within the master development focused on aviation, logistics, and real estate. The Memorandum of Understanding was signed by Shahid Ahmed, Chief Financial Officer at Dubai South, and Rohit Garg, Group Head of Retail Products and Chief Digital Officer of Retail Banking and Wealth Management at Emirates NBD. The signing ceremony took place in the presence of senior representatives from both organizations, underscoring the strategic importance of the agreement.
“Our agreement with Emirates NBD will provide eligible buyers with off-plan home financing solutions and greater flexibility as they plan their property investment.”
— Shahid Ahmed, Chief Financial Officer at Dubai South
Under the agreement, Emirates NBD will offer financing solutions featuring competitive rates and a streamlined approval process, enabling buyers to gain early financial clarity. This initiative aims to meet growing demand in one of Dubai's key growth corridors while providing greater flexibility for homeowners and investors. By simplifying the financing pathway, the partnership seeks to support the broader real estate ecosystem within the city's expanding urban landscape.
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“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.”
— Rohit Garg, Group Head of Retail Products and Chief Digital Officer of Retail Banking and Wealth Management at Emirates NBD
Eligible customers will be able to explore financing options for qualifying off-plan properties, subject to the bank's eligibility criteria, terms, and conditions. The agreement ensures that prospective buyers have access to structured financial support as they navigate the off-plan property market.
