Aldar, ADCB complete Abu Dhabi’s first off-plan mortgage under new ADREC framework
Aldar has become the first developer in Abu Dhabi to complete mortgage financing on an off-plan property for its customers through Abu Dhabi Real Estate Centre’s (ADREC) newly launched framework that enables the financing bank to be formally named on the mortgage. Setting a new precedent for the Abu Dhabi market, Aldar has completed the first registration under the new framework, with Abu Dhabi Commercial Bank (ADCB) supporting the.
