Emirates Islamic and Jumeirah Golf Estates enter into partnership for Alandalus
September 04, 2016
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced a strategic partnership with Jumeirah Golf Estates, a leading luxury residential golf community in Dubai. The partnership is in line with the bank’s commitment to expand its home finance offering and enables customers to avail preferential home finance rates on off-plan residential units available within the developer’s luxury Alandalus community.
Customers can enjoy up to 25 years financing at preferential rates for the project that will offer one, two, three and four bedroom apartments, with stunning views of the golf course.
“Jumeirah Golf Estates is a unique opportunity for our clients looking for luxury golf course living,” said Faisal Aqil, Deputy CEO – Consumer Wealth Management, Emirates Islamic. “We are certain this agreement will benefit customers looking to invest in a reputed real estate development in a luxurious community.”
“In line with our commitment to providing competitive financial solutions for our investors and end users, our partnership with Emirates Islamic opens up the award-winning Alandalus at Jumeirah Golf Estates to a wider segment of buyers seeking properties which bridge luxury living with affordable prices,” said Abdulaziz Bukhatir, Executive Director – Commercial, Jumeirah Golf Estates.
Alandalus at Jumeirah Golf Estates has been designed to reflect a growing demand for outdoor living in Dubai, with inspiration drawn from the Andalucía region of Spain. Situated just 15 minutes from The Palm and Dubai Marina, the community is a Mediterranean-inspired collection of 715 affordable luxury apartments spread over 10 hectares of verdant land. Reputed for its Andalusian architecture, landscape design and thoughtful space planning overlooking two championship golf courses, the development will offer residents a superior retail, leisure and residential experience.
In addition to attractive rates, customers applying for home finance can benefit from fast-tracked documentation and quick approvals along with automatic enrolment to priority banking privileges. To safeguard customers’ property investments, Emirates Islamic is also offering escrow account services for the project.