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Wasim Saifi, Group Chief Executive Officer, Tamweel, said:
"Tamweel is pleased to partner with Sheffield Real Estate and offer exclusive finance to end users of Corporate Tower. Tamweel will offer tailor-made solutions to suit the needs of the project and the specific requirements of investors and business entities. As a pioneer in Islamic commercial real estate finance with a diverse product portfolio and market expertise, we are confident that we will create positive value proposition for the buyers of Corporate Tower."
He added: "The dynamic property market in Dubai continues to grow at a fast pace. With a wide range of international businesses establishing their presence in Dubai, the demand for commercial property in Dubai will remain high in the coming years, and Tamweel is geared up to capitalise on this opportunity."
To date, Tamweel has provided over Dhs13.64bn in financing and has been involved in the development of some of the most prominent projects in the UAE.
Abuali Mallik Shroff, Chairman, Sheffield Investments Limited, said:
"Corporate Tower was launched to cater to the growing demand for office space in Dubai. As we work towards launching Corporate Tower as a world-class commercial property equipped with state-of-the-art amenities, we are pleased to partner with a market leader such as Tamweel in offering financing solutions. We are confident that Corporate Tower will prove to be an attractive investment opportunity for both end users and investors alike."
He added: "Tamweel has a solid track record of providing innovative financing solutions through their diverse product portfolio and unmatched service, and we look forward to working with them in offering the best financing options for our customers."
Sheffield Real Estate's other prominent developments include Marina 101, Marina Suites, Diamond Mall, Supreme Residency, Universal Apartments and Classic Apartments projects.
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Posted by Siba Sami Ammari
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