07.10.2009 - Reem Finance to offer mortgage for Hydra village units
From Khaleejtimes.com: Reem Finance and Hydra Properties announced a partnership to provide Islamic mortgage finance to all properties within the Hydra Village development, located close to the airport and the main Abu Dhabi-Dubai highway. The mortgages offered by Reem Finance for Hydra Village are entirely Shariah-compliant and offer eligible applicants up to 80 per cent finance for anything from seven to 15 years, and a debt service ratio of 60 per cent. Interest rates are competitive and will depend on the mortgage specifics..................Full Article: Source