Dubai Hotel Travel

Tamweel, a provider of Sharia’a compliant products and innovative home financing options, is joining hands with Dubai World Central – the huge 140 square kilometre urban aviation project under construction in Jebel Ali, Dubai – in a long-term partnership to provide home finance options to DWC customers.

Expected to house and host a million people eventually on completion, the finance agreement will cover all real estate DWC components – Residential City, Commercial City and Golf City.

Khalid bin Harib, CEO, Real Estate, Dubai World Central said, “DWC is a visionary project that encompasses the emirate’s goals for the next 50 years. We were looking for a long-term partner who would understand DWC’s strategic vision to create a unique business hub that the travel, tourism, commercial and logistics world will use and integrate into their multiple levels of activities.”

“Tamweel has a similar vision with the ability to provide the right mix of financing solutions which, through the MoU, will achieve those goals.”

DWC’s real estate components, which are being developed around Dubai World Central International Airport (JXB) – set to be the world’s largest airport – will cater to all income segments.