Ellington Properties and ADCB have partnered to offer streamlined, pre-approved home financing for Dubai properties. This collaboration provides eligible buyers competitive 3.49% interest rates and waived fees.
-- Ellington Properties and Abu Dhabi Commercial Bank (ADCB) have partnered to introduce pre-approved home financing solutions for ready and off-plan residential developments in Dubai, making it easier for eligible buyers to secure financing throughout the home buying journey.
The partnership brings together ADCB's mortgage expertise and Ellington Properties' residential portfolio to provide eligible homebuyers with financing solutions for both off-plan and ready properties through a streamlined digital journey, supported by dedicated relationship managers. Customers will also benefit from competitive financing rates and an off-plan financing solution that offers annually renewable pre-approval until handover, providing greater flexibility and certainty throughout the construction period.
As part of the off-plan offering, eligible Ellington Properties customers can obtain pre-approved financing of up to 50% of a property's value. The 12-month pre-approval can be renewed annually until handover, helping customers secure financing for milestone and handover payments as construction progresses.
Eligible customers financing off-plan or ready developments can benefit, for a limited time, from very competitive ADCB interest/profit rates starting at 3.49% per annum, fixed for three years, along with waived processing and valuation fees, making home financing more accessible by reducing upfront costs.
The agreement reflects the continued strength of Dubai's residential real estate market and growing demand for flexible home financing solutions across new residential developments in Dubai. It brings together ADCB's differentiated financing capabilities and Ellington Properties' real estate sector expertise to support greater access to home ownership while contributing to Dubai's long-term vision for a dynamic and sustainable real estate sector.
About Ellington Properties
Ellington Properties is Dubai’s leading design-led real estate developer, dedicated to crafting beautiful properties and communities for high-quality lifestyles. Renowned for its customer-centric approach, Ellington Properties develops residences characterised by incredible artistry and impeccable architecture. The company’s diverse portfolio includes award-winning projects across Dubai and Ras Al Khaimah, such as Ocean House in Palm Jumeirah, Ellington House in Dubai Hills Estate, and One River Point in Business Bay. Ellington Properties combines thoughtful design, art, and lifestyle curation to create sanctuaries of personalised experiences. For more information, explore off-plan property in Dubai.
Contact Info:
Name: Kashish Punjabi | Sarah Kanji | Srishti Soni
Email: Send Email
Organization: Ellington Properties
Phone: +971 56 708 4094 | +971 58 599 0089 | +971 50 647 3920
Website: https://ellingtonproperties.ae/en
Release ID: 89201132
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