abu dhabi offer briefs mortgages for tdic villas
Last Updated : GMT 09:42:23
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*

abu dhabi offer briefs mortgages for tdic villas abu dhabi offer briefs mortgages for tdic villas

 



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*

abu dhabi offer briefs mortgages for tdic villas abu dhabi offer briefs mortgages for tdic villas

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Visit Jamaica for more than just sun

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today UN warns of conflict in Gaza

GMT 08:39 2017 Tuesday ,21 November

UN warns of conflict in Gaza
Arab Today, arab today Missouri problem mirrors woes

GMT 06:46 2017 Tuesday ,21 November

Missouri problem mirrors woes
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Singer Jahda Wahba has unlimited ambitions

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 00:54 2017 Monday ,20 November

Mideast in danger as London explores

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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