Private Construction Finance
Private Construction refers to the development of a real estate project by an individual or corporate entity which is not licensed as a developer. It is done with the intention of selling, renting, or occupying by a company.
Under Private Construction Finance, Amlak will provide financing to private investors carrying out private construction as an investment. The Private Construction could be done in mainland Dubai or Abu Dhabi or a free-zone and the customer is free to appoint any Contractor (subject to Amlak’s consent) for the construction.
Product Fatwa:
Also, under Private Construction Finance, the customer would have access to following benefits, including:
- Ease of financing, with up to 70% of the construction cost financed by Amlak.
- The construction Contract will be overseen by an Amlak Engineer who will be involved in supervising the construction and liaising directly with the Contractor.
For more information on Private Construction Finance, please contact us on sales@amlakfinance.com, or call us on 800-AMLAK (26525).
Terms & conditions apply. All offers are subject to eligibility & a full credit assessment. Financing fees & charges shall apply.