Emirates Islamic ties up with wasl Asset Management Group to offer attractive home finance packages for wasl1 project

October 15, 2017

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced that it has tied up with wasl Asset Management Group to offer attractive home finance facilities for wasl1, an iconic park-side freehold master development in the heart of Dubai.

Customers can avail up to 25 years financing at discounted rates for the wasl1 master development comprising four luxurious, high-rise residential towers, offering one, two and three bedroom apartments as well as podium townhouses and penthouses, all of which overlook the green gardens of Zabeel Park. In addition to attractive rates, customers applying for home finance can benefit from a fast-tracked documentation process and quick approvals along with automatic enrolment to priority banking privileges.

Announcing the agreement with Emirates Islamic, His Excellency Hesham Abdullah Al Qassim, CEO of wasl Asset Management Group, said: "We are proud of our partnership with Emirates Islamic, as it contributes to the success of this prestigious project and makes it more attractive for our customers, who are looking for secure real estate investments that generate a high return on investment. This is demonstrated by the high demand we witnessed following the launch of the first tower at our wasl1 project. Emirates Islamic is an ideal partner for us, not only thanks to its integrated and Sharia-compliant financial solutions, but also for our shared vision and objectives, especially those related to the real estate sector, the investment environment in Dubai, and in making Dubai the happiest city in the world.”

Jamal Bin Ghalaita, CEO, Emirates Islamic, added, “We are delighted to partner with wasl Asset Management Group, one of the leading real estate corporations in Dubai, on this exciting new project. At Emirates Islamic, we believe in providing attractive Islamic banking solutions to our customers at every step of their life journey. Owning a home is the key priority for all, and we are pleased to offer our customers an opportunity to finance a home in a premium new master development in the heart of Dubai.”