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News Article

10 November 2006

ETA Star partners with ADCB to offer attractive promotion on The Centrium and Liberty House projects

November 2006: ETA Star, a leading property developer in the UAE, has partnered with Abu Dhabi Commercial Bank (ADCB) to offer an attractive limited period promotion for two of its premier projects • The Centrium and Liberty House. The special offer requires the buyer to pay only five per cent as down payment and the remaining 95 per cent is to be paid through easy installments.

“Offering customer-friendly finance schemes is just as important as providing high quality residential projects,” said Abid A. Junaid, Executive Director, ETA Star. “We have partnered with Abu Dhabi Commercial Bank in the past as well, and we are glad to tie up with them for The Centrium and Liberty House projects. We are confident that this finance scheme, which aims at minimising the financial burden on the buyer, will further boost sales of residential units in these prestigious developments.”

The Centrium, located on the Emirates Road at the heart of the International Media Production Zone (IMPZ), comprises meticulously planned one, two and three bedroom apartments, and combines elegant interiors with lush green landscapes. The four distinctive tower blocks are inter-connected by link bridges, which offer stunning views to the landscape deck, the adjacent parks and the city beyond. The development features a host of leisure facilities, such as a temperature-controlled swimming pool, jacuzzis, children’s pool, separate gym and health club for men and women, jogging tracks, children’s play area and a sprawling parking lot.

The Liberty House is located between the Emirates Towers and Interchange No. 1 on Sheikh Zayed Road. The soaring 166 meter, forty-one storey structure will consist of ten floors of offices above which will be twenty floors of luxurious residential accommodation, in addition to six levels of car parking. The development offers a total of 220 homes, 124 tailor-made studios, 20 one-bedroom apartments, 48 stylish one-bedroom duplex apartments, 12 roomy two-bedroom apartments and 16 luxurious and spacious two-bedroom with study apartments. The residential accommodation is served by two recreation and relaxation terraces, a gymnasium and pool at Level 38 with sunset panorama, a relaxation area at Level 25, and a gymnasium at Level 36.

Mr. Sundar Parthasarathy - Head of Retail Assets at ADCB said, “We are glad to partner with ETA Star to offer another attractive scheme for their customers. ADCB has always focused on introducing customer-friendly finance schemes and our customer-centric strategy is evident from the fact that we offer the most competitive interest rates in the market. This new offer will generate greater interest among people planning to invest in ETA Star’s Liberty House and The Centrium projects, which are set to be world class developments.”

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