Emirates NBD has signed a partnership agreement with H&H Development to provide integrated home financing solutions for buyers of the company’s residential projects sold off-plan in Dubai.
The new collaboration is designed to provide a more seamless experience for eligible buyers and investors in H&H projects by offering tailored mortgage solutions, competitive rates, and a smoother approval process.
Program Launches with Eden House The Park
The program will initially be introduced on a pilot basis at Eden House The Park, with plans to include more H&H projects in the future.
The partnership aims to make the process of buying off-plan homes easier by bringing together H&H’s residential developments and the financing solutions offered by Emirates NBD, giving eligible buyers more options when planning their property purchases and managing their financial commitments.
Financing Available After Paying 50% of the Property Value
The partnership is set to enhance the homebuying experience by offering tailored mortgage solutions to eligible buyers once they have paid 50% of the property’s value.
This option gives buyers greater financial flexibility during the period leading up to the property’s handover and helps them manage their financing needs more clearly throughout the different stages of the purchase.
The initiative also reflects the importance of providing financing solutions that suit the nature of Dubai’s off-plan property market and support buyers as they move through the homeownership process with greater flexibility and ease.
Emirates NBD: Simplifying the Property Buying Experience
Yousuf Saeed Mohamed, Head of Priority and Personal Banking and Retail Banking Sales at Emirates NBD Group, said: “We are pleased to collaborate with H&H to simplify the off-plan homebuying experience in Dubai by bringing together premium real estate and innovative financial services. This collaboration helps empower customers to make informed decisions about investing and homeownership with greater confidence and security. This initiative reinforces our ambition to shape the future of banking in the region and underscores our long-term commitment to supporting the strong growth momentum of the United Arab Emirates.”
The partnership also reflects the bank’s focus on developing more flexible financing solutions that respond to customers’ needs while supporting the continued growth of the real estate sector in Dubai and the wider UAE.
H&H: Supporting Dubai’s Appeal as a Residential Destination
For his part, Shahab Lutfi, Chairman of H&H, said: “This partnership reflects our shared commitment to strengthening Dubai’s position as one of the world’s most attractive destinations for homeownership. Our partnership with Emirates NBD enables us to enhance this experience by providing buyers with greater clarity, transparency, and financial flexibility, while also strengthening confidence and credibility in our offerings. We look forward to building on this partnership and continuing to contribute to the evolution of Dubai’s residential landscape.”
The agreement highlights the importance of cooperation between real estate developers and financial institutions in providing buyers with a smoother and clearer purchasing experience, particularly for residential properties sold during the development stage.
