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23 May 2024

ADF appoints Hamptons

Nasser Abdul Rahman Rafi (SUPPLIED)

By Staff Writer

Abu Dhabi Finance (ADF), the newly-formed mortgage company with a capital of Dh500 million, has appointed Hamptons International, wholly-owned subsidiary of Emaar Properties, on the exclusive valuation panel for mortgage businesses.

The valuations team of Hamptons has a breadth of expertise in offering timely and reliable valuations for all types of properties including commercial, residential, industrial, hospitality and land plots.

Nasser Abdul Rahman Rafi, Managing Director, Hamptons International – Middle East, said: "Abu Dhabi Finance is a major new home finance provider, initiated and supported by industry leaders in the emirate. Confirming acceptance of Hamptons' team in the valuation panel is a privilege for us. It will also further strengthen our presence in the Abu Dhabi market, where we have recently opened our flagship full-service sales office."

Philip Ward, Chief Executive, Abu Dhabi Finance, said: "Abu Dhabi Finance takes great value from its partnerships with world-class organisations such as Hamptons, and we are proud to collaborate with an institution of such international stature. We are convinced that both Abu Dhabi Finance and Hamptons International share similar values of transparency, integrity and professionalism, which was an important factor in our decision to admit them to our mortgage valuation panel."

Valuation services play a critical role in enabling mortgage provision. Hamptons provides a range of valuation services.