International Property Show And Dubai Property Festival Drive Exclusive Banks Offers
The International Property Show (IPS), which is currently taking place at the Dubai World Trade Centre and will run until 11th April, is offering exclusive bank offers via its Mega Property Sale, which features the Dubai Property Festival (DPF) launched by Dubai Land Department (DLD) — the Main Partner to the event — in collaboration with Founding Partners Emaar, IPS and the Real Estate Investment Management and Promotion Center.
During the event, which is the Middle East’s biggest property sales platform for local, regional and international real estate markets, banks are offering investors and buyers exclusive deals including profit rates with margins starting from 1.85% and a 3 month EIBOR, 0% Ejari down payment fees for customers applying for home finance during the festival, and a discounted AED 2,000 (plus 5% VAT) evaluation fee. Other top offers include fixed interest rates starting from 3.25% for up to two years, grace periods of up to 90 days, zero principal approval and valuation fees, fixed rate options for up to five years, residual finance options for salaried individuals, and on-spot approvals.
Her Excellency Majida Ali Rashid, Assistant Director General and Head of the Real Estate Investment Management and Promotion Center — the investment arm of DLD, commented: “These events have been designed to attract a fresh wave of investors to Dubai to give the Emirate’s real estate market a significant sales boost, and we would like to thanks the banks for supporting us fully in this mission by providing such a comprehensive series of exclusive offers for investors and buyers. During the event, attendees can find excellent value ways to finance and mortgage their properties, and we are confident that this will significantly increase their interest in investing in Dubai’s attractive real estate market.”
Dawood Al Shezawi, Head of the DPF Organising Committee, added: “IPS and DPF are the region’s only transactional property platforms that allow real-time sales of international and local properties to take place on site, and the bank offers have been designed to enable attendees to take full advantage of this unique opportunity. Whether they are hunting for a new home or a promising investment, customers can find the property of their dreams with the added bonus of market-leading prices and one-of-a-kind offers during IPS and DPF, creating significant added value for buyers and developers alike.”