Dubai Asset Management, which owns and manages a real estate portfolio of 25 residential complexes for rent under the umbrella of Dubai Holding Asset Management, announced that it has concluded a new partnership with Emirates NBD, with the aim of enhancing the experience of residents in its residential complexes. The strategic partnership involves providing flexible and convenient financial solutions to residents who hold Emirates NBD credit cards, including benefiting from exclusive installment plans when paying rent.
Residents of Dubai Asset Management residential complexes have the opportunity to benefit from easy installment plans that allow credit card holders with a credit limit of between 1,000 and 150,000 dirhams at Emirates NBD to distribute rental payments over 3, 6, or 12 months without interest, for a one-time fee of only 49 dirhams.
The service is also available for payment via direct debit through the DubaiAM Life application, the digital portal that allows residents to schedule maintenance requests, schedule transportation to and from residential complexes, and communicate with complex managers. This partnership aims to provide greater flexibility to Emirates NBD customers residing in Dubai Asset Management complexes, in line with the company’s commitment to enhancing residents’ feelings of happiness and comfort.
Ahmed Al Suwaidi, General Manager of Residential Complexes at Dubai Holding Asset Management, said: “As part of our constant endeavor to improve the quality of life in our residential complexes, we are keen to be proactive in identifying and meeting the needs of residents. Our partnership with Emirates NBD reflects our resident-centric approach and our continuous endeavor to enhance comfort, flexibility and financial stability at all stages of the living experience within Dubai Asset Management’s residential complexes. This partnership aims to provide residents with the option of customizing a rent payment plan to suit their personal and financial preferences, based on our efforts aimed at contributing to consolidating Dubai’s position as one of the most prominent destinations in the world for living and stability.”
Yousef Saeed Mohammed, Senior Vice President, Head of Priority Banking and Retail Wealth Management at Emirates NBD, said: “We look forward to this strategic partnership with Dubai Asset Management, which will contribute to enhancing the financial well-being of our clients. At Emirates NBD, we have always been keen to provide innovative solutions that meet the changing needs of our customers. There is no doubt that providing the option of a rent payment plan in installments via credit cards will provide more flexibility and comfort to our customers in managing their expenses. This initiative reflects our commitment to providing our customers with seamless banking solutions that meet their lifestyles, which consolidates our position as a leading financial institution in the region.”
Dubai Asset Management launched the DubaiAM Life application, which aims to replace traditional payment methods using paper checks with more flexible and effective payment methods, as residents have flexible payment options that allow them to pay the first installment of rent using credit cards and then use post-dated checks to make payments. remaining if they wish, giving them an easy and convenient payment experience that can be customized according to their personal preferences. The new partnership with Emirates NBD contributes to enhancing residents’ comfort and providing the flexibility required to keep pace with evolving customer requirements and behaviors in the digital age.
It is worth noting that the real estate portfolio of “Dubai Asset Management” includes “City Walk Residences,” “Bluewaters Residences,” “Dubai Wharf,” and the family-friendly residential complexes in “Layan,” “Group,” “Shorouk,” and “Remraam.” And “Al Khail Gate”, as well as housing options for company employees available at competitive prices.