Abu Dhabi Finance to offer mortgages for TDIC’s prestigious Residences at the St. Regis Saadiyat Island Resort

Press release
Published August 21st, 2011 - 09:27 GMT

Abu Dhabi Finance, the Emirate’s fastest growing home finance provider, announced it will offer mortgages for the residential villas which form part of TDIC’s luxurious St. Regis Saadiyat Island Resort development. With interest rates starting from 5.75 per cent, eligible clients can apply for a mortgage of up to 85 per cent of the property value.

Renowned and bespoke, The Residences at the St. Regis Saadiyat Island Resort is a prestigious collection of 32 exclusive villas due for completion in the fourth quarter of 2011. All villas enjoy private landscaped gardens, private pools, and easy access to a number of attractions, including first-class restaurants, shopping facilities and fitness clubs. Offering unparalleled luxury, all villas feature stunning views of the Gary Player designed Saadiyat Beach Golf Club, and of the pristine waters of the Arabian Gulf. 

Philip Ward, Chief Executive Officer of Abu Dhabi Finance, commented: “Investors and owner occupiers looking for family homes are showing interest in these premium villas. Abu Dhabi Finance always aims to meet the needs of our clients, so it is with pleasure we announce that we can now offer mortgages with all our trademark benefits for The Residences at the St Regis Saadiyat Island Resort.”   

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 high quality of its client service has led the organisation to victory in the international Stevie Awards for Sales & Customer Service 2011. A few months later, The Banker Middle East awarded the mortgage company with the Best Use of Technology accolade. 

The home finance provider currently offers service-focused flexible mortgages for a wide range of properties, from studio flats to luxury villas in and around Abu Dhabi. For a full list of developments, please visit www.adf.ae

Background Information

Abu Dhabi Finance

Abu Dhabi Finance is the UAE’s fastest growing leading financial services company mortgage lender, providing individuals and businesses alike with the most relevant real estate financial solutions.

Since being formed in 2008 as a private joint stock company partnership between Mubadala Development Company pjsc, Aldar Properties pjsc and ADCB, Abu Dhabi Finance has grown from strength to strength. This partnership brings years of local financial knowledge and real estate expertise, combined with the most solid financial backing in the UAE and a tangible sense of corporate social responsibility.

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