Al Mouj Muscat Launches Zero-interest Finance Scheme On Ready to Move-in Homes
A new direct financing scheme from Al Mouj Muscat means new home owners pay no interest when buying contemporary apartments and townhouses in Oman’s premier oceanfront community
Al Mouj Muscat, Oman’s leading Integrated Tourism Complex (ITC) and a public-private venture between the UAE-based Majid Al Futtaim Properties, OMRAN and Tanmia, is making it easier for people to buy new and exclusive properties by introducing a post-handover financing scheme on its ready to move-in homes but for a limited period only.
Professional people, families of all sizes, as well as real estate investors, will pay just 50 percent of the purchase price upfront to move into one, two and three-bedroom apartments and townhouses all situated in sought after locations. The Ghadeer Courtyard Homes, The Gardens and Juman One apartments, all share a contemporary design aesthetic, a high-quality finish, perfectly blended indoor and outdoor living spaces, alongside the world-class facilities of Al Mouj Muscat, Oman’s most vibrant community.
The payment scheme requires only a 50% down payment to be able to move in immediately, with the remaining balance settled over 3 years thanks to direct financing from Al Mouj Muscat where buyers won’t pay any interest.
Commenting on this new offer, Nasser bin Masoud Al Sheibani, CEO of Al Mouj Muscat, said: “The first half of 2020 has demonstrated that people are now prioritising ownership of homes over renting as it is more stable and combines the benefits of living in a community with a long-term investment. Through our new payment structure, home ownership is now accessible to a wider range of individuals and families, demonstrating the appeal and fundamental strength of Oman’s property market and the Sultanate as a destination.”
“Our aim at Al Mouj Muscat is to deliver premium properties in a wide variety of sizes and locations, made even more attractive by the offer of a perfect financing solution. Why rent if you can now own a home within the vibrant Al Mouj Muscat community?”.
Ranging from one-bedroom Marina-view apartments to three-bedroom townhouses, the ready to move-in homes at Al Mouj Muscat offer something for every resident, including timeless design, ease of maintenance, long-term value, and the Sultanate’s most prized leisure facilities. Al Mouj Muscat is home to a range of world-class amenities and hospitality services and has a stunning golf course and marina. The destination boasts a rich diversity of offerings for its community within retail, entertainment, leisure, and oceanfront activities, where there is an opportunity to enjoy a full and enriched lifestyle, follow dreams and aspirations, and nurture personal growth.