Ithmaar Bank launches financing for Deerat Al Oyoun villas
- Date: 29-Jun-2020
- Source: 24×7 News
- Sector:Financial Services
- Country:Bahrain
Ithmaar Bank launches financing for Deerat Al Oyoun villas
Manama: Ithmaar Bank, a Bahrain-based Islamic retail
bank, announced the launch of special financing offers for villas at the Deerat
Al Oyoun development in Diyar Al Muharraq.
The special financing offers are designed exclusively for
beneficiaries of the Mazaya programme, the Kingdom of Bahrain's social housing
scheme that aims to help eligible nationals buy their first homes.
The Deerat Al Oyoun development in Diyar Al Muharraq, includes
515 new villas that were developed in collaboration with the Ministry of
Housing and Eskan Bank specifically for beneficiaries of the Mazaya programme.
The Deerat Al Oyoun development covers a total land area
of 1.2 million square meters and includes more than 3,000 housing units in
total, including 515 villas specifically developed for the Mazaya programme.
The development connects beautifully designed properties with a
state-of-the-art infrastructure, offering residents fast and easy access to a
wide range of amenities and attractions, from community facilities to
world-class retailers, top schools and lots of beautiful outdoor spaces.
"Deerat Al Oyoun is a housing development designed to
allow Bahraini families to settle in an ideal environment by providing
affordable, high-quality housing opportunities at reasonable prices,“ Abdul
Hakeem Al Mutawa.
Ithmaar Bank Deputy Chief Executive Officer, Banking
Group, said.
"The Kingdom of Bahrain's Mazaya programme brings
together the public and private sector to help citizens overcome the financial
challenges buying their