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Emaar and Amlak join hands for easy finance on new Marina Promenade tower

Dubai, UAE, June 9, 2006: Buoyed by the sell-out success of its second tower at the Marina Promenade of Dubai Marina, global real estate major Emaar Properties has unveiled a third tower at the complex, The Attessa. 

Emaar also extends partnership with Amlak Finance, UAE’s leading home finance provider to offer easy finance solutions of up to 96 per cent finance and a convenient zero payment option until hand-over of the unit on the new development. 

Under the incentive-rich finance plan, with just a four per cent down-payment, home buyers can avail of up to 20 year loan tenors at 7.5 per cent per annum. One-bedroom apartments at the new tower start at AED 691,888. Potential buyers can now own a dream home on Dubai Marina for as little as AED 5,376 per month for a one-bedroom apartment and AED 11,972 for a two-bedroom unit. 

The Attessa, to be launched on June 10, follows the successful roll-out of The Paloma and The Beauport towers at the Marina Promenade earlier this year. 

“The response to the two earlier towers at the Marina Promenade complex has been overwhelming,” said Bahiya Kayed, Emaar’s Assistant Director of Sales. “Our tie-up with Amlak offers a convenient finance plan for potential buyers to own their dream home in one of the most prestigious locations in Dubai. The zero-payment option until hand-over of the unit is an added bonus, which assists buyers in managing their home finance payments more effectively.” 

“Our 24-hour fast-track home finance packages on Emaar’s new development at the Marina Promenade complex are an intelligent investment opportunity for potential buyers,” said Shahli Akram, Deputy CEO, Amlak Finance. “The home finance plan is easier on the purse with finance tenors of up to 20 years.”

Home buyers can visit the Emaar Sales Centre located in Building 1 at the Emaar Business Park from 9am to 7pm starting June 10. Emaar’s sales staff and Amlak credit experts will be on hand to address any queries and to process the applications of interested buyers.

The Marina Promenade is located opposite the upcoming Dubai Marina Motor Yacht Club. The complex, which will feature six high-end residential towers, will mirror the vibrant lifestyle of Marina Walk offering residents a wonderful boulevard experience of multi-cuisine restaurants, cafes and retail outlets. 

The Attessa is currently under construction and scheduled for completion in January 2008. For more information, log on to www.emaar.com



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