Al Islami Land Trading Finance
A service, which provides land traders with a unique opportunity to finance their acquisitions of land plots in Dubai. Being the only product of its kind in the market, it allows you to boost your land trading activities while making available vital liquidity for other purposes.
This service has a host of features specifically tailored to fit the requirements of land traders as outlined below:
Features:
- Finance up to 50% of land purchase prices
- Repayment period up to 2 years
- Choice of repayment terms: One lump sum payment covering principal & profit at the end of the financing period or Installment payments (either quarterly, semi-annual or annual) over the period of the finance.
- Repayment through resale of the land
- Faster, more convenient financing. We understand that swift decision making and speed of execution are fundamental to your trading activities, that's why our processes have been designed to turnaround your financing request within the shortest possible period of time
Financing under the scheme is restricted to land plots in Dubai.
Documentation Requirement:
-Finance application
-Customer Profile & passport copy
-Land valuation
-Plot map / title deeds
To learn more about this product please visit any of our offices or call our Real Estate finance unit:
-04 229-3443 - Dubai Land Department Office
-04 207-5408 - Dubai Islamic Bank Head Office