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Mortgage offer to be announced at world's largest property exhibition
Dubai - Emirates NBD Properties, a wholly owned subsidiary of Emirates NBD Group, will showcase its award-winning real estate projects at Cityscape Global 2015, the world's largest networking exhibition and conference on property development.Projects by Emirates NBD Properties featured at this year's edition of Cityscape Global will include Terrace Apartments, Windsor Crescent Townhouses and Control Tower(commercial and retail) in Motor City, Dubai.
The company will also profile upcoming projects including the mixed useZabeel Land developmentfor luxury hotel and residential service apartments located in the prestigious vicinity of the Dubai International Financial Centre (DIFC)besides the INDEX Tower in freehold area with an expected gross floor area (GFA) 1,400,000 sq. ft. In addition,a Motor City luxury hotel development project with a 241 room capacity will be featured as well as the development of 217,864 sq. ft. land area in Motor City for commercial activity.
The company will also announce details of a mortgage offer to coincide with the event, while mortgage experts from the bank will be available onsite to attend to visitor enquiries.The key benefits of the home loan offer, valid from 8-10 September, 2015, only, are zero fees or charges for application, processing or valuation, subject to loan disbursal. The bank is also offering zero partial settlement charges subject to a maximum of 20% of outstanding amount in one year. Interest rates start at 2.99%, with Emirati customers able to avail up to 80% financing, andexpatriate customers to 75%.
Commenting on the participation, Ali Al Kaitoob, CEO, Emirates NBD Properties, stated, "Cityscape offers a unique platform to showcase the Emirates NBD Properties portfolio.
This year, we are delighted to unveil a limited time mortgage offer, which offers outstanding value to customers and is expected to generate strong demand from customers."
Located in Motor City, Dubai, Windsor Crescent Townhouses and Terrace Apartments offer residents a unique blend of privacy, tranquility and community living. The stunning residential projects are designed to emulate nature and cultivate a healthy and nurturing environment in an enviable location of beautifully landscaped parks, tranquil lakes and family-friendly facilities.Control Tower is a commercial and business center strategically located in Business Park, near Green Community Motor City and Dubai Autodrome. Zaabeel land development, located near DIFC, offers a plethora of opportunities for branded andluxuryhotel and service apartment spaces.
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About Emirates NBD
Emirates NBD is a leading banking Group in the region. As at 30th June 2015, total assetswere AED 388.1 Billion, (equivalent to approx. USD 105 Billion).The Group has a leading retail banking franchise in the UAE, with more than 220 branches and over 900 ATMs and CDMs in the UAE and overseas. It is a major player in the UAE corporate and retail banking arena and has strong Islamic banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations.
The Group has operations in the UAE, Egypt, the Kingdom of Saudi Arabia, Singapore, the United Kingdom and representative offices in India, China and Indonesia.
The Group is an active participant and supporter of the UAE's main development initiatives and of the various educational, environmental, cultural, charity and community welfare establishments.
For further information, please contact:
Ibrahim Sowaidan
Head - Group Corporate Affairs
Emirates NBD
Telephone: +971 4 609 4113 / +971 50 6538937
e-mail: ibrahims@emiratesnbd.com
Tricia Rego
ASDA'A Burson-Marsteller; Dubai, UAE
Tel: 971-4-4507600; Fax: 971-4-4358040
Email: tricia.rego@bm.com
© Press Release 2015
