Source familiar with Hezbollah chief's security arrangements suggests the group has been infiltrated
For a limited period, property owners at Sky Tower, Sun Tower, Tala Tower and Golf Gardens will be able to apply for a specially-developed mortgage which includes discounted interest rates starting at 7.24 per cent, no application or processing fees. The offer includes a reduction of 101 basis points (1.01 per cent) on the prevailing interest rates for a one-year period, with a reduction of 50 basis points (0.50 per cent) for the following six months. The conventional mortgage has loan-to-value ratios of up to 85 per cent and is available to UAE nationals and UAE residents. It has been developed by the two companies to offer financing support to the owners of more than 1,200 units at the four projects.
Mounir D Haidar, CEO at Sorouh, said: “We are delighted to be working with Abu Dhabi Finance on this exclusive arrangement.
“We created a new Customer Finance Unit in February of this year, to provide our customers with innovative options to manage the financing of payments for their future homes.”
Source familiar with Hezbollah chief's security arrangements suggests the group has been infiltrated
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