Expo City Dubai ties up with Emirates NBD on home financing

The partnership makes structured mortgage and off-plan financing available to buyers across Expo City’s residential portfolio ahead of its first residents arriving later this year.

Staff Writer
Emirates NBD
Image: Dubai Media Office

Article summary

AI Generated

Expo City Dubai has partnered with Emirates NBD to offer structured mortgage and home financing solutions across its residential portfolio. The deal aims to streamline the buying process for both ready-to-handover and off-plan properties as the development approaches its first residential handovers.

Key points

  • Expo City Dubai signs financing deal with Emirates NBD for buyers
  • Partnership covers both ready and off-plan residential properties
  • First Expo City residents expected to move in by end of 2025

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Expo City Dubai has agreed a financing partnership with Emirates NBD, giving buyers across its residential developments access to tailored mortgage and home loan products for both ready-to-handover and off-plan properties.

The deal covers all Expo City Dubai property buyers, subject to standard banking and regulatory requirements. The arrangement is designed to simplify the purchasing process and give the developer greater payment certainty across remaining construction and delivery phases.

“The collaboration with Emirates NBD reflects our shared confidence in the ongoing stability and strength of Dubai’s residential real estate market. These structured financing solutions support our investors on their path to home ownership, and offer greater clarity, convenience and reassurance when purchasing property within Expo City Dubai’s growing residential communities,” Ahmed Al Khatib, Chief Development and Delivery Officer, Expo City Dubai said in a statement.

“As a leading financial institution that continues to play a central role in Dubai and the UAE’s progress by financing strategic sectors, Emirates NBD is proud to partner with Expo City Dubai. Through this collaboration, we will provide prospective homeowners with innovative and competitive offerings, making their journey to owning a residence within Expo City Dubai’s vibrant community seamless and rewarding. This partnership not only reaffirms our commitment to driving the growth of Dubai’s dynamic real estate sector; it also strengthens our position as a trusted partner in advancing national priorities,” Yousuf Saeed Mohd, Group Head of Priority and Personal Banking, and Retail Banking Sales at Emirates NBD added.

The announcement comes as Expo City prepares to welcome its first residents by the end of 2025, marking a milestone in its ongoing transition from event venue to fully integrated urban district. The development is built around 15-minute city planning principles, with direct metro access, connections to major road networks and proximity to both of Dubai’s international airports and Port of Jebel Ali.