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• No arrangement fee on selected properties at Cityscape

Tamweel PJSC, the largest provider of real estate finance in the UAE, announced today that it will offer up to 90 per cent finance on selected Tamweel properties during Cityscape Dubai 2008, the largest business-to-business real estate investment and development event in the world, which takes place from October 6–9, 2008, at the Dubai Exhibition and Convention Centre. Tamweel will also waive arrangement fees upon registration on selected Tamweel properties during this period.
 
As well, visitors who register at the Tamweel exhibition stand will avail of a finance pre-approval facility for up to 90 per cent finance on a property of their choice. The pre-approval finance facility will have to be used before October 31, 2008.
 
Wasim Saifi, Group Chief Executive Officer, Tamweel, said: “We are pleased to offer our customers this exclusive opportunity to own their dream home in the UAE. With up to 90 per cent finance, no arrangement fee and a product portfolio to suit every need, we encourage homebuyers at Cityscape to take advantage of this attractive offer.”
 
At this year’s Cityscape Dubai, Tamweel is participating on a larger scale to showcase its activities across its portfolio companies. Tamweel Properties & Investments LLC, a fully owned subsidiary focused on real estate investment and brokerage services, will showcase select properties in Dubai and Abu Dhabi.
 
As the first mortgage provider to be appointed as an official escrow account agent by the Dubai Land Department, Tamweel will showcase its escrow management services. Under the escrow services, Tamweel offers accounts custody and cash management services, treasury management services, short-term financing services and expert guidance to enhance fund management.
 
Visitors to Cityscape Dubai can chose from a range of innovative real estate financing solutions from Tamweel and avail of exciting offers at its stand 6B30 in Hall # 6.
 
In its seventh year, Cityscape Dubai attracts regional and international investors, property developers, government and development authorities, leading architects, designers, consultants and professionals involved in the property industry. Last year, nearly 850 exhibitors showcased their projects and services to 51,855 professionals from 136 countries at Cityscape Dubai.
 

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