Economic News

Mashreq Partners with Expo City Dubai to Expand Access to Off-Plan Home Financing


Strategic collaboration will provide home buyers with structured financing options across selected
residential projects within Expo City Dubai’s sustainable master community

Mashreq, one of the leading financial institutions in the MENA region, has
partnered with Expo City Dubai to provide off-plan home financing options for eligible customers
purchasing residences across selected projects under construction within the Expo City Dubai portfolio.
The collaboration between the two entities will give customers access to financing options for approved
properties within Expo City Dubai’s growing residential portfolio, which includes more than 3,000 units
currently in the development phase. The offering will support customers – both investors and end users –
seeking to purchase homes prior to completion of construction, subject to Mashreq’s eligibility criteria,
credit approval and applicable terms and conditions.


Mashreq’s new partnership brings together the bank’s extensive home financing expertise and Expo City
Dubai’s vision of a connected, sustainable urban community. Residents purchasing properties in one of
the projects at Expo City Dubai – the legacy city of the World Expo – will benefit from access to the Dubai
Metro, energy-efficient infrastructure, wellness-focused amenities, green spaces, and a diverse range of
cultural and lifestyle experiences.


Aladdin Al Deesi, Head of Gold & Distribution at Mashreq, said, “Dubai’s residential market continues
to evolve alongside the ambitions of the people who choose to make the city their home, with demand for
home finance options rising in parallel. Our partnership with Expo City Dubai reflects our commitment to
developing financing solutions that keep pace with these ambitions and this increasing demand,


ultimately contributing to the sustainable growth of the real estate sector in the emirate. A testimony to
this commitment is the landmark debut of the UAE’s first instant digital pre-approval on home financing
options for eligible customers, which further strengthens our digital-first proposition. Expo City Dubai
represents a compelling vision for the future of city living, and we are proud to help more customers take
advantage of the opportunities it offers.”


Ahmed Al Khatib, Chief Development and Delivery Officer at Expo City Dubai, said, “Expanding
access to homeownership is central to Expo City Dubai’s vision of creating a vibrant urban community
designed for sustainable living. Our collaboration with Mashreq reflects confidence in our development
and combines trusted financial expertise with a shared commitment to Dubai’s growth, empowering
residents as their homes in Expo City Dubai – the new centre of Dubai’s future – take shape.”


The partnership builds on Mashreq’s continued development of its home financing proposition and
reflects the growing demand for solutions that support customers purchasing properties during the
construction phase. It also reinforces the vital importance of collaboration between developers and
financial institutions in supporting sustainable residential growth across Dubai.

-END-

About Mashreq
Mashreq is a leading financial institution headquartered in Dubai, serving individuals, entrepreneurs,
corporates, and institutions across the UAE and key regional and international markets. With a heritage
spanning nearly six decades, Mashreq combines digital-first innovation with deep relationship banking
across retail banking, corporate and investment banking, global markets, transaction banking, Islamic
banking, wealth management, and treasury. The bank delivers secure, advanced, and customer-centric
experiences while actively driving the transition toward a sustainable economy. Through a robust

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button