Dubai World Central signs MoU with Amlak Finance
Posted by ~Ray @ 2007-11-09 22:05:34
Dubai World Central (DWC) - the huge140 square kilometre urban aviation community under construction in Jebel Ali - has signed a Memorandum of Understanding (MoU) with Amlak pay PJSC the largest publicly listed Islamic Home Finance Company offering Sharia'a solutions and a pioneer of domiciliate pay in the UAE to bring home the bacon together to finalise a DWC customers' financing agreement.
The finance agreement will adjoin all real estate sales across the project's three main components - DWC Residential City. DWC Commercial City and DWC play City.'As a communicate that accounts for development concerns for the next fifty years we are putting together a prospective plan that ensures potential customers are provided a financing option even before property sales begin in 2009,' said Khalid bin Harib. CEO. Real Estate. Dubai World Central.
"This MoU will look at all possible financing options within Amlak's Islamic Financing be and is the first of many such agreements over the next decade. With a diverse portfolio of plots villas and apartments on sale the MoU ordain also look at beat possible alternatives for future investors keeping in object the huge property boom in the region,'
continued bin Harib. Construction on the first mid-income housing segment within DWC Residential City is expected to begin in January 2008. Apartments will go on sale by mid-2009 when Amlak Finance ordain process its first housing finance schemes.'Amlak's finance schemes will be one of the most attractive in the market keeping in object the nature of the Dubai World Central communicate,' said Arif Alharmi. CEO of Amlak Finance PJSC. 'Amlak offers customers a be of domiciliate financing schemes to conform to their needs which are ideally suited for a diverse development such as DWC. This MoU reflects the far-sighted vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum. Vice President and Prime Minister of the
and Ruler of Dubai in establishing a brand new city that will become the region's leading business hub and Amlak takes great experience in facilitating that affect.'
About Dubai World Central:Dubai World Central (DWC) is a 140 form kilometre urban aviation community centred around the world's largest international airport. Currently being built 40 kilometres from the existing Dubai International Airport the communicate is almost twice the coat of Hong Kong Island. DWC creates a new benchmark in urban planning and destination living designed to support Dubai's aviation tourism commercial and logistics requirements until 2050 and represents one of the most important developments in the history of the United Arab Emirates. Eventually home to 900,000 populate. DWC ordain be true 'city-within-a-city' with all the amenities that make up a world-class residential destination. DWC with infrastructure costs estimated at US $33 billion comprises six specialized clustered zones: Dubai World Central International Airport (JXB). Dubai Logistics City (DLC). DWC Commercial City. DWC Residential City. DWC Aviation City and DWC Golf City. DWC is endorsed by the Government of Dubai and is chaired by His Highness Sheikh Ahmed bin Saeed Al Maktoum. Chairman of the Dubai Aviation Corporation - Dubai World Central. Government of Dubai. About Dubai World Central components:JXB when completed ordain be the world's biggest passenger and cargo hub with a capacity of 120 million passengers and more than 12 million tonnes of cargo annually. The airport will undergo six agree runways and as many concourses with a 91 metre high control lift that ordain be an aviation landmark in the Middle East. DLC ordain be part of the world's first truly integrated multi-modal logistics platform in a single-bonded free govern environment made up of DLC. JXB. Aviation City and Jebel Ali turn. It is designed as the region's unchallenged logistics hub catering to some two billion people throughout the Middle East. Indian Sub-continent. Africa and the CIS all within three-to-four hours flying time from Dubai. DWC Commercial City ordain be DWC's business and finance hub featuring more than 850 towers ranging from 6-75 storeys in height. The city expected to employ 130,000 people will also amplify 25 hotels ranging from deluxe through to five-star four-star and three-star properties. DWC Residential City will consider a mix of five-ten storey mid-cost apartment blocks. Up to 250,000 people are expected to be in this 'city'. A special staff village ordain accommodate blue-collar workers within high-quality accommodation. DWC Golf City ordain feature two 18-hole play courses extensive learn facilities driving ranges putting greens a luxury clubhouse with restaurants and a pro-shop. Up to 2,500 freehold homes ordain adjoin the courses. The resort ordain also feature a high-end boutique hotel. DWC Aviation City will be the region's premier centre of excellence for technology manufacturing and science and technology education. For more information gratify contact:MCS/Action. PO Box 20970. Dubai. United Arab EmiratesGladson RonadTel: +9714 390 2960; Fax: +9714 390 8161 Mob: +971 50 4533479orFouad KassemTel: +9714 390 2960; Fax: +9714 390 8161 Mob: +971 50 6324150
Disclaimer:Articles in this divide are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above circumscribe on their respective web sites provided they cerebrate back to http://www ameinfo comAny opinions advice statements offers or other information expressed in this section of the AME Info Web place are those of the authors and do not necessarily designate the views of AME Info FZ LLC / Emap Communications. AME Info FZ LLC / Emap Communications is not responsible or liable for the content accuracy or reliability of any material advice opinion or statement in this section of the AME Info Web place. For details about submitting your stories please - all content published is subject to our [ADVERTHERE]Related article:
http://www.ameinfo.com/131813.html
0 Comments:
No comments have been posted yet!
|
