Asam Investment & Real Estate forges alliance with Amlak to offer upto 90% finance to all buyers of Grosvenor Business Tower

Published January 30th, 2007 - 09:59 GMT

Asam Investments & Real Estate announces its alliance with Amlak to offer a finance option to its esteemed buyers on the purchase of office space at Grosvenor Business Tower.

 

Under the offer, GBT customers will get financing of up to 90% of their purchase price, without any repayment and Zero interest during the construction period, for a maximum period of three years, along with a substantially low processing fee.

 

Asam’s Managing Director Mr. Ali Al Soori said “It gives us great pleasure to work with Amlak – a leading finance company in the region and partnering with us is an indication of their trust in our company. We have always aimed to provide distinguished propositions to the buyers and the finance option offers a benefit to the existing customer and is also a way for others – investors and end-users to participate in this venture.”

Grosvenor Business Tower is being developed at an estimated value of AED 420 million. Asam is owned by His Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman of Emirates Group. The tower, located at the Tecom free zone, off Sheikh Zayed road, will provide end-users with an opportunity to own their own office space.

 

Mr. Ali Al Soori further adds: “Construction had commenced before the official launch and we are pleased that it is progressing at a very fast pace.”

With a series of advantages in the offering namely free zone and freehold advantages, Grosvenor Business Tower instills confidence in the mind of buyers and adding Amlak’s financing scheme to it enhances the tower’s value and provides ease & convenience to the customer.

 

“Our existing customers and potential buyers are very delighted and see it as a great competitive edge of Grovesnor Business Tower over the existing supply in TECOM which boosts confidence and alleviates the decision making process” said Ms. Pouneh Goldooz of Casabella Property Broker, Sales Agent of Grosvenor Business Tower.

“It is a matter of great pride for us to be associated with Grosvenor Business Tower which is the region’s first branded commercial tower” says spokesperson of Amlak. “We are in the business of opening avenues for all who wish to be a part of Dubai’s dynamic real estate industry and to enable participation in the revered Grosvenor brand is very exciting for us.”

 

Other amenities offered by Grosvenor Business Tower comprise a café and juice bar on the pool deck, coffee shops and restaurants, 24 hour security surveillance, six high-speed elevators, multi-purpose halls for conferences, meetings and banquets, the 1st--7th floors comprises a podium parking zone called "The Drive-in" as well as a complete high speed wi-fi enable environment.

The tower features a roof top recreation zone "The Unwind" comprising a health club fitted with the latest, state-of-the-art fitness equipment and a roof top pool with a magnificent view, sauna & steam rooms. In addition to the commercial spaces that will host some of the world leading corporations, the tower will also have a retail zone, "The Avenue" located on the ground floor.