Azizi Developments partners with Dubai Islamic Bank to provide exclusive home buying solution

Press Releases

Keep up to date with what's going on at Azizi Developments with our latest press releases. You can also download any press releases along with their respective images.

Azizi Developments partners with Dubai Islamic Bank to provide exclusive home buying solution
Azizi Developments partners with Dubai Islamic Bank to provide exclusive home buying solution

Dubai, United Arab Emirates, 15th April 2019: Azizi Developments, one of the leading private developers in the UAE, is partnering with Dubai Islamic Bank, the UAE’s largest Islamic bank, to offer investors an exclusive property buying solution, called MyHome, across all of Azizi Developments’ projects.

MyHome simplifies the home buying process through a heightened degree of flexibility and affordability. Customers can choose payment plan options of up to 48 months at mortgage-like rates. Those opting for payment plans of up to 6 months will pay no charges. This solution addresses all types of payments towards home buying, allowing customers to budget payments to the developer, service fees, registration fees, bank processing fees, and much more.

Designed around their home buying needs, customers are granted the power of choice with a variety of benefits across the entire spectrum of the home buying journey. MyHome addresses needs beyond home financing; it provides security for customers’ families, wealth, and health, with a wide array of benefits. 

Mr Farhad Azizi, CEO of Azizi Developments, said: “In consolidation of our customer-centric approach and in celebration of our recently-announced ‘Year of Construction,’ it is our privilege to partner with Dubai Islamic Bank, an esteemed institution, to offer interested parties financial solutions that will cover our full line-up of world-class residential choices.” 

Mr. Varun Sood, Chief of Home Finance, Dubai Islamic Bank commented: As the largest home finance provider in the UAE, we continue to shape the dynamic skyline of the country and provide our customers with exclusive home finance offerings and a seamless experience around our flexible and value-driven offerings.  Knowing our customers’ needs has been a key factor that helped us work successfully with our partners in the past. We are excited to expand our relationship with Azizi Developments through this unique proposition aimed at facilitating home finance ownership for the populous across the nation.” 

Mr Farhad Azizi concluded: “Azizi Developments envisions and strives to offer its customers premium, affordable properties that yield high rental returns by delivering quality projects that appeal to different lifestyles. This partnership is in line with Azizi Developments’ belief that developers owe their customers timely handovers and quality properties in the same way that financing options are best handled by banks that specialise in offering customers optimal services and platforms, granting them opportunities and facilitated, flexible payment plans that a developer’s mortgage or collection teams may not have access to.”

For more information on MyHome, visit www.azizidevelopments.com or call 800-AZIZI.