Aldar partners with leading financial institutions for limited time exclusive home finance offer with rates from 2.99%

- Offer valid until 31st March 2020- Abu Dhabi Finance and Abu Dhabi Islamic Bank chosen as key lending partners for Aldar
- Offer applies to new and existing customers at The Bridges, Yas Acres, Mamsha and Jawaher
- Home finance to be processed within 10 days and no fees applicable

Abu Dhabi - UAE, 26 February 2020: Aldar Properties PJSC ('Aldar') is pleased to announce that it has partnered with leading UAE financial institutions Abu Dhabi Islamic Bank (ADIB) and Abu Dhabi Finance (ADF) for a limited time, exclusive home finance offer with rates starting from 2.99% and no fees applicable. This market beating offer will be available up until 31st March 2020.

The market beating offer is a collaboration between Aldar, ADF and ADIB to ensure that owning property in the UAE Capital is as accessible as possible. The offer applies to new and existing Aldar customers who are looking to purchase, or have purchased homes and are in the process of making final settlements in the ready to move into communities of Jawaher and Mamsha on Saadiyat Island, as well as the soon to be handed over Yas Acres and The Bridges on Yas Island and Reem Island.

Commenting on the offer, Rashed Al Omaira, Executive Director – Commercial, Aldar Properties, said:
"Our customers are our priority for the entire duration of their relationship with Aldar. As our communities move into the handover phase we wanted to create the optimal home ownership experience through the provision of a market leading home finance solution in partnership with Abu Dhabi's best home finance providers. With these products being made available for a broad range of homes – Mamsha, Jawaher, The Bridges and Yas Acres, we believe that they will appeal to a great number of new and existing customers who are attracted to the low rates, zero fees and quick processing time."

Chris Taylor, Chief Executive Officer, Abu Dhabi Finance, added: "We're delighted to collaborate once again with Abu Dhabi's leading developer Aldar on designing exclusive, best-in-class home finance products that cater for the most discerning of clients. At Abu Dhabi Finance we strive to maintain an engaging conversation with our clients to ensure our products and services remain relevant and continuously meet the needs of the market. This strategic partnership with Aldar – who share our passion for client-centricity – creates market-leading products that offer unparalleled competitiveness for their clients. We're confident that our home finance expertise and celebrated customer service will make our joint offering too good to be missed!"

Dhafer Luqman, Global Head of Liabilities and Wealth at Abu Dhabi Islamic Bank, said: "ADIB is constantly striving to provide the best and most convenient services to its customers in all aspects of their everyday life, at the best and most competitive rates. We are proud to be partnering with a master developer such as Aldar and look forward to be part of the journey of helping customers own and move into their new homes."

Mamsha is a premium apartment and townhouse development located on a 1.4 km stretch of pristine beach on Saadiyat Island, and Jawaher is a gated villa community offering four, five and six bedroom homes. The Bridges is a mid-market apartment development consisting of six buildings in the heart of Aldar's masterplanned community on Reem Island. Yas Acres is Aldar's flagship golf and waterfront villa community located in the north of Yas Island and in close proximity to all of the island's amenities.

Customers looking to take advantage of this exclusive offer should contact Aldar's Customer Management team on 800-ALDAR. This offer is available to UAE Nationals and UAE Residents with options available for non UAE Residents. Terms and conditions apply.

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