The project, the first of its kind in the UAE, offers home owners an opportunity to decorate their homes with stylishly designed furniture, window treatments, floor and wall coverings, accessories, art and lighting.
Abdul Baset Al Janahi, CEO of Sheikh Mohammed Est. for Young Business Leaders said:
"We are proud to see our members building relationships with some of the country's leading companies to offer high-quality services. MD is one of the Establishment's several successful companies which have transformed their ideas into successful businesses while at the same time contributed to the community. Small and medium businesses like MD have an important role to play in the development of the local economy by providing innovative products and services," he added.
Eng. Rashid Al Moutawa, CEO of Mohammad Bin Rashid Housing said:"This cooperation agreement between Emirates Islamic Bank and MD Interior Designs is the first outcome of the Memorandum of Understanding that was signed between Mohammad Bin Rashid Housing and Mohammad bin Rashid Establishment for Young Business Leaders which stated a cooperation among member companies to support young UAE nationals through providing services to projects completed by Mohammad Bin Rashid Housing".
"Mohammad Bin Rashid Housing is opening the opportunity to the companies and institutions that are managed by UAE nationals to contribute to the building of their country through providing services to members of Mohammad Bin Rashid Establishment for Young Business Leaders and to encourage young UAE women and men to support their own private businesses".
He also added that Mohammad Bin Rashid Housing is not only providing UAE nationals with housing opportunities but also adding this service to offer the best solutions for the interiors of their new houses.
The establishment had also signed strategic agreements with several government bodies to secure an additional loan for UAE national to complete financing their homes and to facilitate furnishing them.
Faisal Aqil, General Manger- Retail, Emirates Islamic Bank said: "We are pleased to partner with MD Interior Designs on this pioneering project. UAE nationals, who buy villas offered by the Mohammed Bin Rashid Housing Establishment can benefit immensely from this project. This partnership will provide attractive interior design finance packages that suit different budgets of potential buyers. The Beneficiaries will receive easy financing where they can pay monthly installments".
Emirates Islamic Bank offers Shariah-compliant services for both retail and corporate customers.
Monther Darwish, General Manager of MD Interior Design said: "The project aims at enabling UAE nationals decorate their homes cost-effectively. MD's packages offer high-quality durable and elegant furniture, coverings and accessories that meet a variety of tastes. We hope our offerings will help people create the homes of their dreams".
"We are proud to be leaders in our business and offer exceptional and remarkable interior design and packages for our fellow young UAE nationals. We aim to be vital players in our society and to contribute to the building of our country and for a brighter tomorrow".
MD Interior Design has developed 135 design packages and offers three options for each of the 45 villa models on sale.
Phase I of Mohammed Bin Rashid Housing Establishment's housing project will include 544 villas. The entire project includes 10,000 units.
MD Interior Design received the Sheik Mohammad Bin Rashid Establishment for Young Business Leaders Award for the best interior design.