Mubasher: Lootah Real Estate Development and Amlak Finance entered into a partnership, through which the former company’s investors will be able to double their property portfolio, according to a statement.
When applying for finance support through Amlak, investors will be offered a hassle-free purchase process, and other benefits including repayment through rental income, and complimentary property management and preventive maintenance services.
For now, Amlak will provide this offer to potential investors of the 175,905-square feet Waves project.
The project features studios and one-bedroom loft apartments ranging from areas of 485 to 2,000 square feet.