Arab Today, arab today abu dhabi offer briefs mortgages for tdic villas
Last Updated : GMT 20:52:28
Arab Today, arab today
Arab Today, arab today

Abu Dhabi offer briefs mortgages for TDIC villas

Arab Today, arab today

Arab Today, arab today Abu Dhabi offer briefs mortgages for TDIC villas

Abu Dhabi - Arabstoday

Abu Dhabi Finance, the Emirate\'s home finance provider, announced Sunday that it will offer mortgages for the residential villas at the TDIC\'s St. Regis Saadiyat Island Resort development with interest rates starting from 5.75 per cent.The Residences at the St. Regis Saadiyat Island Resort is a collection of 32 exclusive villas due for delivery in the fourth quarter of 2011. The four and five bedroom villas that overlook the Saadiyat Beach Golf Course and the Arabian Gulf, come with a price tag of Dh22 million to Dh25 million.Philip Ward, Chief Executive Officer of Abu Dhabi Finance, told Gulf News that any applicant \"with a down payment, salary and lifestyle that allows them to comfortable meet the monthly payments can quality for this rate.\"\"It is not all about having a high salary; it is about being able to demonstrate that you will be able to live within your means and service your debt. It starts with one of our mortgage advisors sitting together looking at their income, their commitments, and possible future expenditure and then mapping out the best option for their individual circumstances,\" he said.Jean-Luc Desbois, managing director of Home Matters, a mortgage consultancy firm, told Gulf News that an interest rate of 5.75 per cent is considered to be competitive in today\'s mortgage market even though there are some banks offering rates as low as 4.99 per cent. \"The average is 5.75 to 6 per cent, so it is competitive,\" he said. Abu Dhabi Finance said that it will also offer a host of other benefits, including a loan-to-value ratio of up to 85 per cent, mortgage tenures of up to 30 years, and a range of repayment options, including the choice of having a one-month payment holiday per year. \"That\'s the highest loan-to-value ratio in the market for expats today, so that\'s also very competitive,\" Desbois said, adding that the highest loan available in the market to UAE national is 90 per cent.Previously, the TDIC said that it had signed a memorandum of understanding with a number of banks to provide financing to interested buyers. From / Gulf News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today abu dhabi offer briefs mortgages for tdic villas Arab Today, arab today abu dhabi offer briefs mortgages for tdic villas

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today abu dhabi offer briefs mortgages for tdic villas Arab Today, arab today abu dhabi offer briefs mortgages for tdic villas

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday