Dubai South Properties, a wholly owned subsidiary of Dubai South, has entered into a strategic partnership with Emirates NBD to offer tailored home financing solutions to customers interested in purchasing off-plan properties.
The company is currently developing a number of freehold real estate projects in Dubai South, one of the emirate’s key master-planned developments, with a strong focus on aviation, logistics, and real estate.
The memorandum of understanding was signed by Shahid Ahmed, Chief Financial Officer at Dubai South, and Rohit Garg, Group Head of Retail Products and Chief Digital Officer for Retail Banking and Wealth Management at Emirates NBD, in the presence of senior representatives from both organizations.
Through this initiative, Emirates NBD aims to respond to the growing demand for mortgage financing in Dubai South, which is regarded as one of Dubai’s most promising growth areas. The partnership is expected to provide buyers and investors with more flexible financing options across eligible projects.
Providing Financing Solutions
Shahid Ahmed, Chief Financial Officer at Dubai South, said the company remains committed to making the homeownership journey easier and more flexible for its customers.
He explained that the agreement with Emirates NBD will give eligible buyers access to financing solutions tailored to off-plan projects, while also providing greater flexibility to help them plan their real estate investments.
He added that the partnership reflects Dubai South’s continued commitment to working with leading financial institutions to support the growth of residential communities across the development.
Rohit Garg, Group Head of Retail Products and Chief Digital Officer for Retail Banking and Wealth Management at Emirates NBD, said the collaboration with Dubai South Properties supports the next phase of residential growth in Dubai, particularly within master-planned developments.
He noted that offering flexible mortgage solutions designed around the needs of homebuyers can help customers make more informed investment decisions. The initiative also aligns with Dubai’s broader direction toward sustainable urban development and long-term growth.
Under the partnership, Emirates NBD will provide mortgage financing solutions at competitive rates, along with a simplified approval process that will help buyers better understand their financing options at an early stage.
Eligible buyers will also be able to review the financing solutions available from the bank for qualifying off-plan properties, subject to Emirates NBD’s eligibility criteria, terms, and conditions.
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