ETA Star, a property developer in the UAE, has partnered with Abu Dhabi Commercial Bank (ADCB) to offer an attractive limited period promotion for the newly launched The Grandeur Residences at the…
ETA Star, a property developer in the UAE, has partnered with Abu Dhabi Commercial Bank (ADCB) to offer an attractive limited period promotion for the newly launched The Grandeur Residences at the Palm Jumeriah Crescent. Customers can take advantage of a special interest rate of 5.99 per cent for six months, for loans booked during the promotion that runs till April 15th, 2006, thereafter the rate will automatically revert to the bank’s standard variable rate.
Abid A. Junaid, Executive Director, ETA Star, said, “This offer will certainly generate a lot of interest among buyers as they will see a definite advantage in availing this special scheme. The terms of the promotion are clear, with no fine print or hidden costs involved. We hope that customers make the most of this opportunity to realise their dream of owning one of the most prestigious and elegant properties in Dubai.”
ETA Star recently launched the Taj Exotica Resort & Spa and The Grandeur Residences, in partnership with the world-renowned Taj Group of Hotels. The Grandeur Residences is a luxury residential complex designed to provide residents a lifestyle reminiscent of royalty, as the project is modeled on the archetypal palaces of Rajasthan, in India.
“Despite the fact that The Grandeur Residences was launched less than ten days ago, the response we have received for the project has been overwhelming, with regional and international buyers showing keen interest in investing in the property. With the introduction of this attractive promotion in association with ADCB, we are providing a chance for a greater number of people to invest in this one-of-a-kind development,” added Junaid.
Arup Mukhopadhyay, Head Retail Banking Division, said “ADCB is delighted to offer a tailor made specialised mortgage package for purchasers of The Grandeur Residences. This project from ETA Star and the Taj Group presents buyers with a wonderful opportunity to own luxury residences on the Palm Jumeirah, made even more compelling through a unique ADCB mortgage offer. ADCB prides itself of transparency and innovation, and a promise of exceptional one to one service, and we look forward to delivering this promise to ETA Star and its customers.”
ETA Star has put together a variety of options for The Grandeur Residences, including outright sale with furnishing, outright sale where the property is leased back to ETA Star for a minimum period of 5 years that would make the project interesting not only to own but also as an investment option.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
