Abu Dhabi Islamic Bank Real Estate Solutions Centre to take part at Cityscape Abu Dhabi 2011

ADIB offers instant approvals on a complete suite of home finance solutions that include financing from construction of new homes, financing from developers and refinancing properties with the option of releasing equity. These solutions are offered at market leading profit rates starting at 5.5%.

At Cityscape, ADIB intends to create customized solutions to facilitate developer purchase, owner to owner purchase, and construction financing. It refinances buy outs as well as cash outs for property sector investors and will be open to further customizing financing options for all segments of the property sector. The ADIB Real Estate Solutions Centre can be visited at Stand 6D10 near Gate 6 during April 17-20, 2011 from 10:00 am to 07:00 pm at the Abu Dhabi National Exhibition Centre (ADNEC). During Cityscape Abu Dhabi 2011, ADIB customers can also avail of ADIB's free shopping offer with the ADIB Etihad Covered Card and 50,000 Etihad Guest miles.

Dhafer Luqman, Head of Strategy Products Management International & Retail at ADIB, said, "As the UAE property sector is showing signs of stability and improvement as compared to last year, we realize that efforts to improve sentiment within the sector are the need of the hour. Sentiment plays a key role in the sector and our Cityscape 2011 offers are specifically designed towards influencing it. With a market leading profit rate of 5.5%, we aim to incentivize unfreezing of any pending decisions by investors as well as developers. This is vital to help grow the UAE economy that is our primary mandate."