Abu Dhabi Finance inks Hills mortgage deal
Abu Dhabi, May 15, 2011
Abu Dhabi Finance, a leading home finance provider in the emirate, has announced plans to offer mortgages for the exclusive ‘Hills Abu Dhabi’ development with rates starting from 5.75 per cent.
‘Hills Abu Dhabi’ is being marketed by Green Emirates Properties and is a haven of 147 luxury villas set in 16,000 sq m of landscaped gardens off Khaleej Al Arabi road near the Officers Club area.
The development features semi-detached and detached villas with sea views designed to offer Emirati families seclusion and privacy, whilst communal features include a children’s playground, a jogging track and a private marina within the compound.
Philip Ward, CEO of Abu Dhabi Finance, said, 'The addition of the prestigious ‘Hills Abu Dhabi’ to our list of approved developments is testament to our commitment to providing the widest range of options for our clients when they look for a new home.'
'We will continue to work with reputable developers to extend our reach further in the coming year,' he added.
Green Emirates Properties CEO Jasim Al Ali, pointed out that Hills Abu Dhabi offered owners and tenants luxurious waterfront living with easy access to the bustling city centre.
'Not only are the properties aesthetically beautiful – inspired by the UAE’s architectural heritage – the secure gated community offers a host of recreational amenities for residents making it a great lifestyle choice,' Ali noted.
“We are proud to partner with Abu Dhabi Finance. This partnership will offer our customers exceptional services without the premiums normally associated with this level of client care,” he added.
Abu Dhabi Finance offers competitively priced mortgages starting from 5.75 per cent, and offers 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.
The home finance provider currently offers service-focused flexible mortgages for a range of properties, from studio flats to luxury villas in and around Abu Dhabi.-TradeArabia News Service