Al Fajer Properties (AFP), leading Dubai-based real estate developer, has successfully secured construction financing from Commercial Bank of Dubai (CBD) for its projects in Jumeirah Lake Towers (JLT).
Sheikh Maktoum Hasher Al Maktoum, President, AFP, said, "We are proud to have CBD as our partners as well as other strong banks in the region. Since the start of 2009, AFP has been restructuring its banking arrangements with leading banks in the region which are proving mutually beneficial for both partners."
The phase II, which includes Ebony and Ivory Towers, has been going full steam ahead to achieve a 24-hour cycle as soon as possible while Phase I is nearing completion. The real estate developer is gearing up for the handover of Phase I of the development at Jumeirah Lake Towers, Dubai.
