District One, the luxurious and lifestyle community at Mohammed Bin Rashid Al Maktoum City, announced a strategic partnership with Dubai Islamic Bank (DIB) to offer customers extended payment plans for its luxury apartments and villas.

The flexible payment plan offers buyers financing of up to 80 per cent for ready and off-plan units, with a re?nancing option also available.

With low profit rates of 3.74 per cent, the offer entails a complete basket of home financing solutions.

“We are proud of our partnership with Dubai Islamic Bank in this specific project and we look forward to future tie-ups as well,” said Saeed Humaid Al Tayer, chairman and CEO of Meydan Group.

“The real estate sector is and always will be a key driver of emerging economies around the world and the UAE is no exception… we actively seek out projects that are aligned to the quality lifestyle that our growing customer base craves,” added Dr Adnan Chilwan, group CEO at DIB.

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