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Abu Dhabi Commercial Bank offers mortgages for Indigo Group developments

United Arab Emirates: Wednesday, March 29 - 2006 @ 10:35

Businesses will be able to use Abu Dhabi Commercial Bank’s range of mortgages to purchase commercial offices at Indigo Tower and Indigo Icon, located at Jumeirah Lake Towers.

The bank is offering commercial mortgages of up to 75 per cent of the cost of a property, with tenors of up to 15 years. Businesses will receive a personalised service from a specially allocated Relationship Manager who will guide them through the mortgage process.

Hassan Jarrar, Head Business Banking Group, ADCB, said: “We are pleased to associate ourselves with, and add Indigo Tower and Indigo Icon to the list of prestigious developments to work with”.

Indigo Tower is a prestigious residential and commercial development designed by Atkins that enjoys a prime position at Nakheel’s Jumeirah Lake Towers in the area being dubbed ‘New Dubai’. Construction is now in the advanced stages.

Indigo Icon, also under construction at Jumeirah Lake Towers, is a 34-storey office development that will offer stunning views across the surrounding lakes and waterways. It promises to be a stunning addition to Dubai’s skyline with its ‘A’ shaped structure and Indigo coloured glass.

“This partnership will enable us to continue to offer high quality, value-added service to our customers,” said Mahesh Tourani, Director, Emirates Properties Investment Ltd (B.V.I.).

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Wednesday, March 29- 2006 @ 10:35 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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