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Union Properties offers Mortgage loan program through ADCB
- United Arab Emirates: Tuesday, December 20 - 2005 at 11:51
- PRESS RELEASE
Union Properties, the award winner of Property Company of the year - Arabian Business Achievement Awards 2005, has signed a new Mortgage Loan Program with ADCB, one of the most reputable banks in the Middle East, to finance home loans for UPTOWN Mirdiff.
ADCB's Mortgage Solutions have been designed with flexibility in mind. Taking into consideration the various aspects of a mortgage potential home buyers look at, ADCB mortgages are packed with features and benefits to ensure each customer gets exactly what they need to buy their dream home at UPTOWN Mirdiff.
All ADCB mortgages come with a repayment period of up to 25 years - the best in the UAE. Customers will also pay less each month so they can afford the property of their dreams with a Mortgage amount of up to 90%. This way, they can get that perfect home at UPTOWN Mirdiff now, instead of having to wait for their savings to grow. In addition to that, customers will benefit from a choice of flexible interest rate options where they plan how much they want to pay, and when.
Mr. Eirvin Knox, CEO of ADCB said, "We have seen a huge demand from the local and international companies wanting to establish a firm and lasting commitment in the country and the will to invest in the real estate market. In return ADCB took the initiative to provide this criteria of the investors with the tailor made products and services that can benefit those who are looking for a unique mortgage service. ADCB Consumer Mortgage Services is offering flexible and attractive Mortgages for UPTOWN Mirdiff. We will offer our clients the broadest range of support and facilities, turning their liabilities into assets."
Union Properties developments are extremely well received in the market after the success of Green Community, a development still talked about for its exceptional quality. Units are still available at UPTOWN Mirdiff which have been built to the same exacting levels of quality for buyers who missed out on being part of the first success story.
"We have a proud history of serving the needs of our customers and communities," said Mr. Simon Azzam, CEO of Union Properties. "Our customers are our family and now we have further provided them with facilities that make their lives better. Our partnership with ADCB to finance homes at UPTOWN Mirdiff, enables Union Properties to deliver more services and even better finance loan schemes to our customers. To offer fast easy application, low rates and quick decisions, we have ensured to tie up with one of the best banks in the UAE, ADCB."
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