Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Download our Media Kit

 





Home / News / Company News
Company News
   

Tamweel Brings Back ’Baiti’ To Address Home Finance Needs Of UAE Nationals
(16 March 2011)
Home finance provider offers finance up to 85%


 

Tamweel PJSC, the UAE Islamic home finance provider, announced today the launch of a new product to meet the home finance needs of UAE nationals. “Baiti” is specially designed to help UAE nationals to buy their homes.

Baiti, which means “my house” in Arabic, was first launched by Tamweel in 2006. The home finance provider is bringing the product back following its January Ijara promotion, and its resumption of new business origination on 1st November 2010. Tamweel understands the importance of bringing the Baiti product back to the market and has now developed an exclusive home finance product for addressing the housing needs of UAE nationals.

Tamweel will make home finance available to UAE nationals for up to 85 per cent of the current value of ready residential properties in Dubai and Abu Dhabi. The maximum finance value is AED 5 million with a repayment tenure of up to 25 years.

“Baiti makes a welcome return to the UAE’s home finance market,” said Varun Sood, Acting Chief Executive Officer of Tamweel. “Today’s announcement is in line with Tamweel’s commitment to provide innovative solutions to meet the evolving needs of customers. We believe there is a need in the market to address this specific segment, therefore our product is catered to do just that. The demand for housing among the UAE Nationals is on the rise and Tamweel is committed to cater to this segment of the market which is ever growing.”

For further information regarding home finance solutions from Tamweel, customers may visit the company’s branches at Business Avenue building in Deira, Dubai, and at the Marina Mall in Abu Dhabi. Customers may also contact the company by calling its call center on 800-TAMWEEL (8269335) or via its website: www.tamweel.ae
 

Download the Dubai City Guide iPhone mobile app

DubaiCityGuide.com is owned and managed by Cyber Gear


  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     
 
email print
3630
 

Sponsored By : PressReleaseNetwork.com           Sponsored Opportunities

       
       
   
       

Daily Guide

 



Hotels hotels Check out Hotels in Dubai
Shopping shopping A complete Mall & Store Guide
Dining dining Eating out at the coolest spots
Sightseeing sightseeing Things to see & do
DCG Recommends dcg recommends Best of the best in Entertainment
News Alerts
News Alerts
Stay ahead with dubai news
dcg mobile
dcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Dubai Blog
Your space, your voice
sitemap
Sitemap
DCG at a glance