Following the announcement some months back by Dubai Land department of the initiative to restart stalled semi complete real estate projects in keys areas of Dubai project name Tayseer the first mortgage as been issued.

Tayseer was designed to revaluate developments which are semi complete in key areas of Dubai like the Business districts, Marina and JLT and offer assistance in order to complete projects.

The first tower to receive project funding is lakeside residence a 35 storey tower located in Jumierah Lake Towers, JLT the funding will allow the developers Al Manal development to complete the projects and deliver the apartment to the purchasers.

Dubai News bringing you daily news from around Dubai and availability Apartments For Sale In Dubai Properties in all areas of Dubai from Dubai Marina, Palm Jumeiarh and downtown as well as outer lying villas developments