Noor Islamic Bank is Now Providing Off Plan Property Financing Solutions

Noor Islamic Banks becomes the only bank in UAE to provided financing solutions on off- plan property plans for customers.

Noor Islamic Bank has started out with an appealing, Shariah- compliant off -plan property offer for non- UAE residents from the region. The choice for off- plan property investment is also available to investors looking to build a home in UAE or customers who are looking for a profitable real estate investment for the future.

The customers are provided with property financing facility by issuing loan at a profit rate of 5.75 percent for buying as well as buying out off- plan and finished properties. The residents of the GCC and G- 20 countries can have finance for as much as 65 percent of the worth of finished properties and 50 percent on off- plan properties.