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ETA Star ties-up with leading banks for providing home loan

- August 30, 2007, 7:03 pm

ETA Star, a leading property developer in the UAE, announces their tie-ups with ten leading banks in the region for providing home loan options to its customers for all its projects.

The banks that have signed up partnership agreement with ETA Star are: Abu Dhabi Commercial Bank (ADCB), Arab Bank, Badr Al-Islami, Dubai Bank, First Gulf Bank, Mashreq, National Bank of Dubai (NBD), Tamweel, Union National Bank and Finance House. Through this arrangement, ETA Star can now provide its customers with wider and easier accessibility of Home Loans for all their projects.

Commenting on the partnerships with the banks, Mr. Abid Junaid, Executive Director, ETA Star said: ‘Our aim has always been to provide the customer with the best of services and live up to the trust that they have on us. It gives us great pride that some of the foremost banks and financial institutions in the UAE have partnered with us. This has further validated our credentials as the region’s trusted property developer. Through this partnership, we are now able to offer the customer with a wide range of mortgage options.’

Commenting on the partnership with ETA Star, Mr. Mohammed A. Alqubaisi, Chairman, Finance House said: ‘ETA Star is a trusted and well respected real estate developer across the Middle East and South Asian markets. Finance House is proud to join hands with ETA Star in offering innovative financing solutions to discerning real estate buyers and investors in the UAE.”

‘Tamweel’s association with ETA Star goes back a long way, to when Tamweel was first established. Tamweel and ETA Star have worked together on several prestigious projects and we are confident that the partnership will yield many successful developments in the future’ said Adel Al Shirawi, Chief Executive Officer, Tamweel PJSC.

ETA Star is currently developing millions of square feet of premium property in countries across the Middle East and South-East Asia, including UAE, India, Sri Lanka, Qatar and Turkey.

ETA Star has built thousands of beautiful homes and living communities, as well as, world-class business and commercial developments across the globe — all excellent investment opportunities, which are fast reshaping the urban skyline. Keeping this track record in mind along with a distinctive ETA Ascon lineage, the regional banks have developed confidence in ETA Star Properties and a strong credibility has been established with the leading financial institutions of the region.

A rare promise to keep in today’s swarming real estate market; every ETA Star property is as per schedule and construction is progressing at an aggressive pace. Forever in pursuit of better customer service, ETA Star has introduced revolutionary and innovative investment opportunities for their customers with unique partnerships with leading financial institutions across the world.

ETA Star is one of the leading property development companies in the GCC and is the first developer in the region to be awarded the ISO certification. The company has successfully launched projects close to 10 million sq ft in various master development communities like Dubai Marina, Jumeirah Lake Towers, Dubai International Financial Centre, Business Bay and International Media Production Zone. ETA Star’s portfolio includes pioneering projects such as 23 Marina, Al Manara, Liberty House, Gold Crest Executive, The Palm Jumeriah Residence and Spa and Grandeur Residences, The Summit, Pearl Residence, The Belvedere and Gold Crest Views-2.

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