With a period extending to 25 years .. «Abu Dhabi Islamic» provides housing finance in «Jubail Island» up to 30 million dirhams
Abu Dhabi Islamic Bank announced the signing of a partnership with the Jubail Island Investment Company to offer a housing finance offer to all investors in Jubail Island.
Offer Advantages
The offer allows customers to benefit from the attractive profit rate, free takaful, and the cancellation of transaction and evaluation fees, and early settlement fees of up to 30% of the outstanding financing each year.
And the offer will benefit the dealers who bought houses in the first phase of “Jubail Island”, or intend to buy in it, as the bank will provide investors with housing financing of up to 30 million dirhams, with an extended period of up to 25 years, covering up to 85% of the total value of the ready property .
According to the partnership agreement, investors are required to pay only 30% of the value before delivery, in addition to paying the remaining 70% value upon delivery, with a financing limit of 85% for end users, and 65% for investors, easily repayable through the financing offer. real estate by the bank.
easy solutions
"We aspire to provide our customers with easy, fast and smooth solutions to achieve their long-term home ownership goals," said Mohammed Al Fahim, Regional Director of Corporate Banking at ADIB, pointing out that Jubail Island is an attractive and ideal destination for that.
For his part, Head of Business Sector at Jubail Island Investment Company, Mahmoud Dandashli, said that signing this partnership with Abu Dhabi Islamic Bank enabled us to provide attractive and convenient financing options for current customers, and to provide the opportunity for all those wishing to own their dream home in one of the most prominent residential communities in the capital.
Jubail Island
It is noteworthy that Jubail Island extends over an area of 40 km, and includes a water front surrounded by mangrove forests that extends for more than 30 km.
The island consists of three phases and six investment village communities.
The first phase includes 1,253 housing units, including 809 villas and plots of land, 182 townhouses, and 262 apartments spread over multiple plots of land.
The project will also include facilities such as the Marina District, schools, a sports complex, a shopping center and parks, and is expected to attract 7,000 residents.
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