Azizi Developments Partners with Dubai Islamic Bank to Provide Exclusive Home Buying Solution

Press release
Published April 15th, 2019 - 08:52 GMT
Mr. Farhad Azizi, CEO of Azizi Developments
Mr. Farhad Azizi, CEO of Azizi Developments
Highlights
The collaboration will present customers exclusive payment plans across all of Azizi Developments’ properties

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.

My Home 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.

Background Information

Azizi Developments

When Mirwais Azizi started Azizi Developments in 2007, his idea was to specialise in developing residential homes and communities for modern urban living. More important, was his desire to build the best homes possible for his clients' budgets and that meant controlling every aspect of the build process to ensure consistently high standards. Today, Azizi Developments is a design and customer lead development company. This means a permanent dedication to understanding and meeting our clients' aspirations, developing distinctive homes that set the standard in contemporary building design and offering an unparalleled level of customer service.

Contact Information

Suite No. 902 / 904, API World Tower, Sheikh Zayed Road, Dubai, UAE
Fax number
+971 4 332 9102

Dubai Islamic Bank

Since its formation in 1975 as the world’s first full-service Islamic bank, Dubai Islamic Bank has established itself as the undisputed leader in its field, setting the standards for others to follow as the trend towards Islamic banking gathers momentum in the Arab world and internationally.

Contact Information

Dubai Islamic Bank
PO Box 1080
Dubai
United Arab Emirates
Fax number
+971 (0) 4 295 4111
Company email

PR Contact

Contact Name
Tizian H. G. Raab
Contact email

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