BUSINESS

Al Hamra, ADCB deal to provide mortgage facilities

Al Hamra Real Estate Development signed a deal with Abu Dhabi Commercial Bank to provide mortgage facilities for its projects.

Gulf News

March 27, 2016

Sunday, Mar 27, 2016

Abu Dhabi: Al Hamra Real Estate Development, a property developer in Ras Al Khaimah, announced it has signed a deal with Abu Dhabi Commercial Bank (ADCB) to provide mortgage facilities for its projects.

As per the agreement, ADCB will offer mortgage provision for units within Al Hamra’s Bayti development and the Royal Breeze Residences project, with tailored loan packages for approved, qualified customers.

The flagship Bayti development is nearing completion, and features 162 town houses, six villas, three parks, a golf course, and a private beach.

Staff Report