Abu Dhabi Islamic Bank Offers Incentives to Boost UAE Real Estate Market

Abu Dhabi Islamic Bank, a leading Islamic financial services group, is taking steps to revitalize the UAE real estate market with a range of attractive incentives. At Cityscape Abu Dhabi 2011, the bank introduced a suite of home finance solutions designed to cater to various segments of the property sector. These solutions include instant approvals for financing from construction of new homes, financing from developers, and refinancing properties. ADIB is offering market-leading profit rates starting at 5.5% for these solutions. The bank is also offering customized financing options for developers, owner-to-owner purchases, and construction financing.

Key Takeaways:

• ADIB launched a suite of home finance solutions at Cityscape Abu Dhabi 2011 to boost the UAE real estate market.
• The solutions include instant approvals for financing from construction of new homes, financing from developers, and refinancing properties.
• ADIB offers market-leading profit rates starting at 5.5% for these solutions.
• The bank is providing customized financing options for developers, owner-to-owner purchases, and construction financing.
• ADIB is also offering free shopping offers and 50,000 Etihad Guest miles to its customers during Cityscape Abu Dhabi 2011.

Statistics:

• Market-leading profit rate offered by ADIB: 5.5%
• Duration of Cityscape Abu Dhabi 2011 exhibition: April 17-20, 2011
• Hours of operation for ADIB Real Estate Solutions Centre: 10:00 am to 07:00 pm
• Location of ADIB Real Estate Solutions Centre: Stand 6D10 near Gate 6 at the Abu Dhabi National Exhibition Centre (ADNEC)

Sources:

• Abu Dhabi Islamic Bank
• Cityscape Abu Dhabi 2011