National Bonds Corporation (NBC) has launched the second phase of its Green Community MotorCity project in Dubai which offers a series of entertainment, recreational, educational, and dining outlets, reported Trade Arabia.

Phase two of the project is expected to consist of townhouses under the name of the Casa Familia Townhouses.

The Casa Familia Townhouses are purported to provide an exceptional value in today’s market and are considered more attractive to buyers since the introduction of the rent-to-own finance scheme, according to Gulf Construction.

The scheme states that buyers will be required to pay only 10% during the construction phase of the townhouses, which will be pledged against bonds from NBC that will allow buyers to acquire profits and have a triple winning chance in the monthly reward draws.

Buyers may pay the remaining costs of the townhouse over a period of seven years through monthly installments. Investors will have guaranteed 15% net rent returns for the first two years.

The offer was limited to those who attended the NBC launch event at Jumeirah Emirates Towers. However, it could be made available again to visitors of the upcoming Cityscape Global exhibition at the Dubai World Trade Center.