News

MOTORCITY GREEN COMMUNITY TO GROW BIGGER

National Bonds through its Real Estate arm, National Properties, has launched phase Three of the Motor City Green Community with Casa Flores Villas and Apartments.

There will be 137 Casa Flores Townhouse villas – Three bedrooms & Four bedrooms – and 136 Eden apartments units – Studios, One bedrooms and Two Bedrooms.

Buyers can pay 10% during construction. The remaining percent will be due over a period of 10 years post-handover in Q4 2018. They will receive 5 years Free annual service charges and 2 % of the DLD fees will be paid by National Properties.

NATIONAL BONDS BAGS BEST MORTGAGE PRODUCT IN GULF REAL ESTATE AWARDS 2017

National Bonds Corporation, the leading sharia-compliant savings and investments company in the UAE. recently won the Best Mortgage Product for its distinguished work on developing the second and third phases of the Green Community project at Motor City which offers buyers the opportunity to own their dream home with a flexible payment plan spanning over eight years.

The company was recognized during the Gulf Real Estate Awards ceremony that was held by the Dubai Land Department in collaboration with 'Awards International- with the attendance of over 300 leading real estate companies. Sultan Butti bin Mejren, Director General of Dubai Land Department, DLD, said, “We would like to sincerely congratulate all award winners. We would also like to assure all of our partners that the Gulf Real Estate Awards will continue to evolve year after year in line with Dubai's growing status, and confirming the emirate as a center of global real estate innovation.

We can guarantee this through our adoption of the highest standards during the planning and implementation of all stages of the program, from receiving the nominations and undertaking the screening process, to selecting the winners and announcing the highly-anticipated results.”

Omar Subhi, Chief Finance and Asset Management Officer of National Bonds, said. “This award is a testimony to the success of our investment plan for phase two and three of our Green Community project in Motor City, which consists of the Casa Familia and Casa Flores villas.

“We are proud to provide financial facilities to our customers and give them priority to own in these new projects according to affordable installments that fit their budgets, which reflects our commitment to principles of sharia by enabling individuals’ wellbeing and their financial and social stability. Our investment in green projects like Casa Familia and Casa Flores is an integral part of our plan for supporting sustainable development and increasing levels of happiness in our society."

He added. “investing in revenue-generating real estate projects has proved to be highly efficient in the past few years. Properties are strong fixed assets that protect capital and provide liquidity at the same time. They are also a key pillar within the company's strategy and its efforts to improve investors ‘and savers' financial security. We expect this sector to continue its role as a major contributor to the national economy and the country's GDP amidst the growing number of infrastructure projects before Expo 2020.”