Profile Group, which is developing several properties on Reem Island, said today that it signed a mortgage financing deal with Abu Dhabi Finance. This marks the expansion of Abu Dhabi Finance from large master developers to small- and mid-level developers. The company is offering some of the most attractive mortgages in the country right now, with loan-to-value ratios of up to 85 per cent and interest rates between 8.5 and 9 per cent. (Most attractive because they are among the only mortgages being offered). The agreement covers 234 apartments at Marina Heights I and 470 apartments in Marina Heights II in the Marina Square development on Reem Island.
Profile Group signs up with Abu Dhabi Finance
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