Mashreq has entered into a strategic partnership with Expo City Dubai to provide off-plan home financing options for eligible customers purchasing residential properties across selected projects currently under construction.
The partnership will provide financing options for approved properties within Expo City Dubai’s expanding residential portfolio, which includes more than 3,000 units currently under development.
The financing solutions will be available to eligible investors and end users seeking to purchase properties before construction is completed, subject to Mashreq’s eligibility criteria, credit approval and applicable terms and conditions.
The collaboration combines Mashreq’s home financing expertise with Expo City Dubai’s vision of developing a connected and sustainable urban community. Residents will benefit from access to the Dubai Metro, energy-efficient infrastructure, green spaces, wellness-focused amenities and cultural attractions.
Mashreq highlighted its continued investment in digital banking solutions, including the introduction of what it describes as the UAE’s first instant digital pre-approval for home financing options for eligible customers.
Aladdin Al Deesi, Head of Gold & Distribution at Mashreq, said the partnership reflects the bank’s commitment to developing financing solutions that respond to increasing demand for residential properties and support Dubai’s real estate sector.
Ahmed Al Khatib, Chief Development and Delivery Officer at Expo City Dubai, said the collaboration would help expand access to homeownership while supporting the development of Expo City Dubai as a sustainable residential community.
The agreement forms part of Mashreq’s broader efforts to strengthen its home financing offerings and support customers purchasing properties during the construction phase.
Source: Mashreq
Disclaimer: This article is for informational purposes only and should not be construed as investment, financial, or legal advice.
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