Arab Today, arab today abu dhabi offer briefs mortgages for tdic villas
Last Updated : GMT 09:11:28
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

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
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today Former head of Egypt’s syndicate submits appeal

GMT 20:11 2017 Saturday ,25 March

Former head of Egypt’s syndicate submits appeal
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 15:06 2017 Saturday ,25 March

Dialysis Supplies Dwindle for Syrians

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
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