The Swiss activity of Daamac Real Estate has announced the conclusion of a partnership agreement with the Islamic Bank of Abu Dhabi for the provision of residential financing to all its clients in projects under construction, which have reached 35% completion. Amira Sijvani, the Executive Director of Sales and Development at Daamac Real Estate, noted: "Our collaboration with the Islamic Bank of Abu Dhabi under this agreement reflects our deep commitment to providing financial solutions for a broader category of residents in the country. We take pride in being the first developer to offer such a service in the UAE and setting new standards in financial flexibility in the real estate sector of this country."
From her side, the head of the mortgage financing department at the Islamic Bank of Abu Dhabi, Eli Haik, stated: "The Islamic Bank of Abu Dhabi strives for innovative solutions in the field of mortgage financing to ensure maximum benefits for investors and contribute to the growth of real estate in the UAE."
