Al Mouj Muscat Launches Zero-interest Finance Scheme On Ready to Move-in Homes

Al Mouj Muscat Launches Zero-interest Finance Scheme On Ready to Move-in Homes

Al Mouj Muscat, Oman's leading Integrated Tourism Complex (ITC) and a public-private venture between the UAE-based Majid Al Futtaim Properties, OMRAN and Tanmia, is making it easier for people to buy new and exclusive properties by introducing a post-handover financing scheme on its ready to move-in homes but for a limited period only.

Professional people, families of all sizes, as well as real estate investors, will pay just 50 percent of the purchase price upfront to move into one, two and three-bedroom apartments and townhouses all situated in sought after locations. The Ghadeer Courtyard Homes, The Gardens and Juman One apartments, all share a contemporary design aesthetic, a high-quality finish, perfectly blended indoor and outdoor living spaces, alongside the world-class facilities of Al Mouj Muscat, Oman's most vibrant community.

The payment scheme requires only a 50% down payment to be able to move in immediately, with the remaining balance settled over 3 years thanks to direct financing from Al Mouj Muscat where buyers won't pay any interest.

Commenting on this new offer, Nasser bin Masoud Al Sheibani, CEO of Al Mouj Muscat, said: "The first half of 2020 has demonstrated that people are now prioritising ownership of homes over renting as it