Inclusivity and Investment Future: Mashreq Launches Home Finance for Off-Plan Units in Expo City Dubai
Mashreq, a leading financial institution, has entered into a strategic partnership with Expo City Dubai to offer accessible home finance options for investors and prospective buyers purchasing off-plan residential units across select under-construction projects in the city.
Financing Options for Over 3,000 Residential Units
This partnership allows buyers to leverage tailored home finance solutions for projects currently under development within Expo City Dubai, which currently features over 3,000 units in progress. These facilities are subject to Mashreq's eligibility criteria, credit approvals, and applicable terms and conditions, simplifying the purchasing journey for end-users and investors alike.
A Sustainable Urban Community and Integrated Residential Environment
The collaboration merges Mashreq’s financial expertise with Expo City Dubai’s vision for sustainable urban development. Residents in these projects will enjoy living in an integrated community featuring energy-efficient infrastructure, green spaces, health and wellness amenities, convenient access to the Dubai Metro, and a variety of cultural experiences.
Leadership Insights on the New Collaboration
Alaa Al Deesi (Mashreq): Emphasized that the partnership reflects the bank’s commitment to delivering innovative solutions—such as the UAE’s first instant digital pre-approval for home finance—to meet the growing demand for housing in Dubai and support the sustainable growth of the real estate sector.
Ahmed Al Khatib (Expo City Dubai): Noted that the collaboration reinforces confidence in the city's urban developments and enables more residents to own homes in Dubai’s vibrant new hub for the future.