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List of Approved Developments

Name of Development Type of Development Percentage Financed – Under Construction Percentage Financed – Completed*   Based upon
Al Nakheel Properties
The Palm, Jumeirah Shoreline Apartments
Marina Apartments

Townhouses
Villas
50%


50%
70%


75%
Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Jumeirah Islands Villas 50% 75% Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Jumeirah Village
Jumeirah Park
Villas & Townhouses 50% 75% Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Zabeel Investments Tiara Residences @ The Palm Jumeirah Apartments 50% 70% Conventional Purchase price or the professional valuation, whichever is LOWER
Al Rashid (West end Tower) Jumeirah Village South Apartments 50% 70% Conventional Purchase price or the professional valuation, whichever is LOWER
Dubai Sports City
Victory Heights Villas & Townhouses 50% 75% Islamic Purchase price or the professional valuation, whichever is LOWER
Ras Al Khaimah
Al Hamra Village Villas & Townhouses
Apartments
50%

50%
75%

70%
Conventional Purchase price or the professional valuation, whichever is LOWER
Oceana
Royal Breeze
RAK Properties
Mina Al Arab
Julfar Towers
Union Properties
Green Community Villas & Townhouses
Apartments
50%

50%
75%

70%
Conventional Purchase price or the professional valuation, whichever is LOWER
Green Community – West
Emaar (pre-completed and completed)
Arabian Ranches Villas & Townhouses 50% 75% Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Springs
Meadows
Emirates Hills
The Greens Apartments 50% 70% Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Burj Residence (direct by Emaar PSA) Apartments 50% 70% Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Omniyat Properties
The Pad Apartments 50% 70% Conventional Purchase price or the professional valuation, whichever is LOWER
Sungwon
Santevil in Business Bay Apartments 50% 70% Conventional Purchase price or the professional valuation, whichever is LOWER
Santeview in Culture Village
Dubai Properties
Jumeirah Beach Residence Apartments 50% 70% Conventional Purchase price or the professional valuation, whichever is LOWER
Marina
Marina Heights Tower Apartments 50% 70% Conventional Purchase price or the professional valuation, whichever is LOWER
Jumeirah Golf Estates
Jumeirah Golf Estates master developer (Istithmar) Fire and Earth communities Villas and Townhouses 50% 75% Conventional Purchase price or the professional valuation, whichever is LOWER
Jumeirah Golf Estates (CHI Development sub developer under JGE) Lime Tree Valley (Fire and Earth communities) Villas and Townhouses 50% 75% Conventional Purchase price or the professional valuation, whichever is LOWER
Jumeirah Golf Estates (Shaikh Holdings sub developer under JGE) Sanctuary Falls (Fire and Earth communities) Villas and Townhouses 50% 75% Conventional & Islamic Purchase price or the professional valuation whichever is the LOWER.
Jumeirah Golf Estates (Sienna Lakes Limited sub developer under JGE) Villas 50% 75% Conventional & Islamic Purchase price or the professional valuation whichever is the LOWER.
Emirates Sunland
D1 Tower @ Culture Village Apartments 50% 70% Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Palazzo Versace (PV) Villas 50% 70%
Sunland Nur (Nur) Apartments 50% 70%
Sunland Waterfront (BVI) Ltd (The Atrium Apartments 50% 70%
Bonnington Hospitality JLT
Bonnington Tower @ Jumeirah Lake Towers Apartments 50% 70% Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Triveni
La Fonatana (Barsha South) Apartments 50% 70% Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Crown One (Erantis)
Jumeirah Village South Townhouses only 50% 75% Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Al Dar - Al Raha Beach (Al Bandar, Al Zeina, Khor Roha, Al Seef, Al Dana, Al Rumaila, Al Nakhel, Al Lissaily, Al Shaleela, Al Razeen and Al Thuraya) Apartments 70% 70% Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Al Dar - Al Raha Garden Villas & Townhouses/ UAE nationals only 75% 75% Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Al Dar - Al Munnera Apartments
Townhouses
70%
75%
70%
75%
Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Al Dar - Yas Island Apartments 70% 70% Conventional & Islamic Purchase price or the professional valuation, whichever is LOWER
Sorouh - (Al Shams and Sky Tower) Apartments 70% 70% Conventional Purchase price or the professional valuation, whichever is LOWER
Sorouh - Al Ghadeer Apartments
Villas/Townhouses
70%
75%
70%
75%
Conventional Purchase price or the professional valuation, whichever is LOWER
Sorouh (Golf Garden) Villas & Townhouses/ UAE nationals only 75% 75% Conventional Purchase price or the professional valuation, whichever is LOWER
Manazel Apartments
Villas/Townhouses
70%
75%
70%
75%
Islamic only Purchase price or the professional valuation, whichever is LOWER

* "Completed" also includes properties scheduled to get completed within 3 months from the date of application. This should be demonstrated through comments/description in the Valuation report on the stage of construction.