Abu Dhabi Commercial Bank (ADCB) and the Ilyas & Mustafa Galadari Group (IMGG) have agreed to arrangements whereby buyers of both residential and commercial units within the City of Arabia will be eligible for mortgage loans from the bank.
This scheme is available mainly for customers residing in the UAE and covers the wide spectrum of offerings within the City of Arabia. For residential mortgages, the scheme enables a maximum 90 per cent loan over a 25 year loan period, whereas the loans for the commerical units, (offices), allows a maximum of 70pc loan value.
