Mortgages made easy in Dubai

Making processes easier for buyers
The Mortgage Advisory division of DAMAC Properties Co. L.L.C recently organized a joint workshop with representatives of Abu Dhabi Commercial Bank(ADCB).
DAMAC Mortgage Advisory is engaged in facilitating mortgage processes for buyers of
DAMAC projects. Since the inception of DAMAC Mortgage Advisory in January 2007, ADCB has extended its full cooperation and support to the mortgage advisory team, who have
successfully procured mortgages for over 100 clients.Participants discussed various measures onimproving customer service and enhancing efficiency. Suggestions on speeding the mortgage facilitation process for the customers were at the forefront of the discussion. “DAMAC has pioneered the concept of mortgage facilitation for its customers.DAMAC MortgageAdvisory is the first-of-itskind service started by any developer and we feel privileged to be apart of this endeavour.The initial screening
process carried out by the DAMAC Mortgage Advisors is quite helpful and leads to rapidresponse.The bank offers mortgages to all UAEresidents, and non-residents of selectnationalities. Zero percent closure penalty upto five years makes themortgage offer by ADCB quite attractive and unique.