Dubai Asset Management and Emirates NBD announce strategic partnership to enable flexible payments

In a bid to enhance the resident experience through flexible financial solutions, Dubai Asset Management (DAM), which owns and operates a leasing portfolio of 25 residential communities under Dubai Holding Asset Management, announced a partnership with Emirates NBD. As part of the strategic alliance, Emirates NBD credit card holders can receive exclusive benefits through an instalment scheme when paying rent.

Residents can divide their rental payments across 3, 6, or 12-month with zero Interest instalment plans and a one-time processing fee of AED49 per transaction for credit card holders with a credit limit ranging from AED1,000 up to AED150,000.  Direct debit payments can be made using DubaiAM Life, a digital portal where DAM residents can also schedule maintenance requests, move-in or out dates, and connect with community managers. The collaboration allows Emirates NBD customers within DAM communities greater flexibility, as part of the DAM’s commitment to resident happiness and convenience.

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