Dubai PR Network, Online Press Release from Dubai and Middle East
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
National Bonds Bags Best Mortgage Product in Gulf Real Estate Awards 2017 with Ready Residential Units Offered with an 8-year Payment Plan
 

 

  • Sultan Butti bin Mejren: Dubai is a center of global real estate innovation
  • Omar Subhi: National Bonds will soon start phase three

Dubai-UAE: 17 May 2017 - National Bonds Corporation PJSC (National Bonds), the leading sharia-compliant savings and investments company in the UAE, recently won the Best Mortgage Product for its distinguished work on developing the second & third phases of the Green Community project at Motor City which offers buyers the opportunity to own their dream home with a flexible payment plan spanning over eight years.

The company was recognized during the Gulf Real Estate Awards ceremony that was held by the Dubai Land Department in collaboration with “Awards International” with the attendance of over 300 leading real estate companies.

In this context, His Excellency Sultan Butti bin Mejren, Director General of Dubai Land Department (DLD): said: “We would like to sincerely congratulate all award winners. We would also like to assure all of our partners that the Gulf Real Estate Awards will continue to evolve year after year in line with Dubai’s growing status, and confirming the Emirate as a center of global real estate innovation. We can guarantee this through our adoption of the highest standards during the planning and implementation of all stages of the program, from receiving the nominations and undertaking the screening process, to selecting the winners and announcing the highly-anticipated results.”

Omar Subhi, Chief Finance & Asset Management Officer of National Bonds, said: “This award is a testimony to the success of our investment plan for phase two and three of our Green Community project in Motor City, which consists of the Casa Familia and Casa Flores villas. We are proud to provide financial facilities to our customers and give them priority to own in these new projects according to affordable installments that fit their budgets, which reflects our commitment to principles of sharia by enabling individuals’ wellbeing and their financial and social stability. Our investment in green projects like Casa Familia and Casa Flores is an integral part of our plan for supporting sustainable development and increasing levels of happiness in our society.”

He added: “Investing in revenue-generating real estate projects has proved to be highly efficient in the past few years. Properties are strong fixed assets that protect capital and provide liquidity at the same time. They are also a key pillar within the company’s strategy and its efforts to improve investors’ and savers’ financial security. We expect this sector to continue its role as a major contributor to the national economy and the country’s GDP amidst the growing number of infrastructure projects before Expo 2020.”

National Bonds offers its customers the option to own in the Green Community project by paying only 10 percent during the construction stage through the Pledging Scheme, with the rest to be paid via installments for eight years. As part of its debut participation at Cityscape Abu Dhabi, the company showcased an exclusive offer on Green Community at Motor City, Skycourts at Dubailand and Andalusia Villas at The Villa project with only 5 percent of the total value of residential units to be paid during the first year, while the rest will be paid in installments throughout seven to eight years. This enables investors to yield 40 to 50 percent of annual installments in case they lease the villa or the unit.

National Bonds will soon start phase three of its Green Community project that is implemented by National Properties, the wholly-owned real estate subsidiary of National Bonds Corporation. The development will include 137 villas, which will be handed over in the last quarter of 2018.


Posted by : Dubai PR Network Editorial Team
Viewed 6259 times
PR Category : Banking & Investments
Posted on : Wednesday, May 17, 2017  1:34:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Trump, Opec the Key Drivers for Commodities
Next Story : Regulatory Realignment Will Encourage Fiscal Discipline and ...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Robinsons Honored for Outstanding Store Design [9803-Views]
Safilo Group Reveals Its Spring/ Summer 2018 Collection [7381-Views]
Bridal Glow is Skin Deep: Tips for every bride-to-be in 2018 [7290-Views]
Redefining the Skin Clinic Experience. #allnewkaya opens in Muscat City Centre! [6606-Views]
Optim-Eyes Lashes & Brows with Filorga [6588-Views]
Mealtop, Introducing a Whole New Dessert Experience [6515-Views]
Catch Some Zzz's in the IKEA Nap Truck [6405-Views]
NEZO launches new identity to guide consumers in selecting the best salt for their culinar... [5685-Views]
South African artisans of fine leather products look to make big impression at Leatherworl... [5411-Views]
Dual Investments Brand LE66 to Relocate from City Walk to New Dubai Location in 2018 [5203-Views]
Global Expansion in sight for ICONS© Coffee Couture [5075-Views]
Raymond Weil's Freelancer Ladies [5069-Views]
Tag Heuer Carrera Heuer 02 [4947-Views]
Do You Feel Sleep Deprived? Nearly Half of UAE Would Give Up Social Media for an Extra Hou... [4813-Views]
Al Ghurair Foundation for Education Event on ‘Graduating Work Ready Youth' Unveils Researc... [4691-Views]
15,000 participate in the Dubai Cares' annual Walk for Education 2018 in support of childr... [4355-Views]
DAMAC Properties deliveries surpass 20,000 unit milestone as it reports net profit of AED ... [4252-Views]
Al Qattara Investments reveals expansion plans for Al Ain [4203-Views]
Dealing with Diabetes: What German Medical Center's doctors say about the incurable diseas... [4142-Views]
Indian FMCG Conglomerate Hamdard Laboratories brings “The Drink of India” - RoohAfza to UA... [4075-Views]
Galderma's “Leave Your Mark” Mobile Clinic heightens awareness of skin diseases amongst yo... [4026-Views]
Jaguar Land Rover Awarded as Company of the Year [3965-Views]
Dubai Culture Launches ‘My Environment My Responsibility' Initiative in Hatta [3934-Views]
Name of New High-sided Vehicle to Be Rolls-royce Cullinan [3861-Views]
Pink Caravan Ride Launches Mobile Mammography Clinic to Offer Specialised On-the-spot Scre... [3825-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories