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Abu Dhabi Finance inks Sigma mortgage deal

Abu Dhabi, January 11, 2011

Abu Dhabi Finance said it has partnered with Green Emirates Properties to offer special mortgage rates to investors and residents in the company's upcoming Sigma towers in the City of Lights district on Reem Island.

The company added the Sigma I and Sigma II towers, comprising 598 residences, to its portfolio, further broadening the range of properties in Abu Dhabi for which it offers mortgages.

On completion, the two towers will stand tall at 28 stories each on the waterfront in the glistening City of Lights, offering its residents spectacular sea views.

Housing 54 studios, 324 one bedroom, 162 two bedroom, and 54 three bedroom apartments and four penthouses, the towers are expected to attract young professionals and families.

These units are available from Green Emirates Properties and the expected completion date for the development is the second quarter of 2011, the company said in a statement.

Abu Dhabi Finance will offer to prospective Sigma residents and investors its ‘Essence’ mortgage, which combines the most competitive interest rates in the market - starting from 5.75 per cent - with unbeatable service.

The company’s service focused straight talking Mortgage Advisors offer sound advice to clients based on their years of experience and extensive training, at any location convenient to the client.   

Chairman Ali Eid Al Mehairi said, "Abu Dhabi Finance is an ambitious company, and we aim to offer our client’s the widest range of properties possible. We continue to build on our existing partnerships with developers and establish new agreements.”

"In the two years since its launch, Abu Dhabi Finance has extended its reach and now covers more than 75 per cent of the Abu Dhabi market," he added.

The mortgage provider offers finance for a full range of properties, from studio apartments to exclusive villas, and from Reem Island to Saadiyat Island and Abu Dhabi Island itself.

Jasim Al Ali, chief executive officer of Green Emirates Properties & Mismak Properties said it was delighted to offer Sigma I & II customers a mortgage option from Abu Dhabi Finance.

"We realize that customers will be examining their financing options as the development nears completion; we have no doubt the combination of service offerings and flexibility, together with low interest rates, will meet high levels of demand,” he added.-TradeArabia News Service




Tags: Reem Island | Abu Dhabi Finance | Sigma towers |

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