Al Salam Bank has signed a partnership agreement with Durrat Al Bahrain, one of the most luxurious residential resorts in the Kingdom of Bahrain, to deliver exclusive real estate financing solutions for clients seeking to own a villa located in Jawharat Al Murjan.
Under the agreement, Al Salam Bank clients can benefit from real estate financing at competitive profit rates and flexible installments alongside partial payments for 5 years, in addition to benefiting from quick approvals and a reduced down payment. Clients can also benefit from free consultations from We Invision Design & Execution, as well as special discounts on home and electronic appliances from Y.K. Almoayyed & Sons. They will also earn loyalty reward points upon completion of the financing application.
Commenting on the partnership, Mr. Anwar Murad, Deputy CEO – Banking, at Al Salam Bank said: "We are pleased to be collaborating with Durrat Al Bahrain, one of the leading Real Estate companies in the Kingdom of Bahrain. Through this partnership, we will provide future homeowners with exclusive Real Estate offers, alongside additional loyalty reward points and a number of exclusive benefits. We strive to strengthen our position as a preferred financial institution for various financing services, especially in regard to real estate. Through our ongoing efforts, we aim to equip our clients with financing solutions that meet their needs and support them in finding their forever homes. We encourage buyers interested in purchasing a property from this premier project to benefit from these competitive offers."
On his end, Mr. Yaser Al Hammadi, Chief Executive Officer of Durrat Al Bahrain, commented: "We are delighted to be partnering with Al Salam Bank, a leader in the Kingdom's banking industry, giving their clients the opportunity to own a villa from one of our newest projects, Jawharat Al Murjan. Clients will enjoy facilitated financing and exclusive offers. This agreement underscores our resilient efforts to deliver luxury residential villas that meet the needs of families in the Kingdom of Bahrain and the Gulf region, with a suite of convenient amenities and a familial atmosphere. We continuously strive to align with the needs of our community and their financial means through modern architectural influences in line with the latest international standards."
With 200 villas overlooking the Arabian Gulf, Jawharat Al Murjan is a modern housing project developed under Al Murjan Island 5. The project is designed to cater to the needs of families with various means of relaxation and comfort. Each island will have basic features that reflect a modern lifestyle, from various playgrounds, health clubs, mosques, beaches and marine life facilities, and much more.
The villas are classified under different specifications and land areas ranging from 650 sqm to 900 sqm, andconstruction areas not exceeding 500 sqm. Each villa has 4 to 5 bedrooms with basic amenities, as well as new features designed to the latest standards such as outdoor seating areas, balcony, and others.