Khaleeji seals finance deal with Naseej on key Bahrain projects
RIYADH, November 22, 2023
Khaleeji Bank, one of the leading Islamic banks in Bahrain, has sealed a partnership deal with Naseej, a leading Bahraini real estate developer, to provide exclusive financing offers to buyers interested in purchasing property in Naseej's key projects in the kingdom.
As per the deal, the citizens will be given exclusive benefits when purchasing residential units in recently developed projects by Naseej such as 'Basateen' in Busaiteen, 'Canal View' on Dilmunia Island and 'Nasayem Arad' in Arad.
Khaleeji Bank said its clients will have access to financing with a tenor of up to 25 years, as well as a grace period of up to 6 months when purchasing a residential unit in one of these Naseej projects.
They will also be eligible to win cash prizes of up to BD1,000 and exclusive offers from select retail brands. Additionally, clients will benefit from opening a "Salary Account” which provides unique benefits, such as an expected profit rate of up to 4% of their salary’s value, no minimum balance, and a chance to win on of 5 cash prizes worth BD 1,000 each in monthly exclusive raffles for Salary Account Holders.
The "Basateen" project is considered a pioneer in the Muharraq Governorate, providing high-quality, sophisticated, and distinctive residential villas. The project offers typical residential models in design, construction, finishing, and decor, making them the ideal choice for families looking for luxury housing with a variety of features and amenities that meet the needs of every home and family housing. This project consists of 23 villas built on a total area of approximately 5,000 square metres. The villas range from 180 to 457 square metres in size, with three- and four-bedroom options available.
The "Canal View" project offers 246 luxury apartments for sale or rent with full ownership, which include a variety of different units like studio, as well as one-, two-, three-, and four-bedroom options. The units provide stunning views of the canal and the main fountain on Dilmunia Island, making it an ideal choice for families seeking a quiet and safe environment on a private island, allowing them a very modern lifestyle with amenities that meet their daily needs.