Abu Dhabi Real Estate

  You are required to put 25% as down payment for this finance. The maximum amount of finance offered is AED 25,000,000 You are required to have a monthly income of AED 40,000 to be eligible for this finance. It is not a requirement to transfer your income to the bank to apply for this finance. The processing fee for Aspire, Privilege Club, and Excellency customers is 1.05% of the finance amount. The early settlement fee for this finance is 3.15% of the outstanding amount (principal + profit) to date. Life insurance fees are 0.0525% of the outstanding loan amount per month. Property insurance fees are 0.042% per annum of property’s original value. Assignment fee is AED 5,250 The rate is calculated on a reducing balance. The interest rate starts at 4.49% fixed for the first 2 years. Thereafter, the rate is calculated on a retail base rate (RBR) based on Central Bank's 6 month EIBOR plus a margin of 3.5% applied for the rest of the loan period. The reducing rate of this finance starts from 4.49% and the equivalent flat rate is 2.35%. The calculation used is a division of the reducing rate by 1.91 and this is indicative only. Finance is offered only for regular residential mortgages and ready properties

Min. Salary AED 40,000
Flat Rate
(est. equivalent)
From 2.35% p.a.
Reducing Rate
(est. equivalent)
From 4.49% p.a.
Arrangement Fee 1.05%
Downpayment 25%
Max Finance Amount AED 25M
Fixed/Variable Fixed Then Variable
Early Settlement Fee 3.15%
Great for
High finance amounts
Own your home faster with reduced tenure periods
Be Aware
There is a minimum income requirement
You are required to have a current account with the bank
Main Benefits

  • Loan tenure can be reduced by up to 15 years on a loan term of 25 years
  • More savings on interest cost
  • A unique loan account linked to a highly flexible interest bearing bank account
  • 4% interest gained on home saver bank account

Overview of Features

 
  • You are required to put 25% as down payment for this finance.
  • The maximum amount of finance offered is AED 25,000,000
  • You are required to have a monthly income of AED 40,000 to be eligible for this finance.
  • It is not a requirement to transfer your income to the bank to apply for this finance.
  • The processing fee for Aspire, Privilege Club, and Excellency customers is 1.05% of the finance amount.
  • The early settlement fee for this finance is 3.15% of the outstanding amount (principal + profit) to date.
  • Life insurance fees are 0.0525% of the outstanding loan amount per month. Property insurance fees are 0.042% per annum of property’s original value. Assignment fee is AED 5,250
  • The rate is calculated on a reducing balance.
  • The interest rate starts at 4.49% fixed for the first 2 years. Thereafter, the rate is calculated on a retail base rate (RBR) based on Central Bank's 6 month EIBOR plus a margin of 3.5% applied for the rest of the loan period.
  • The reducing rate of this finance starts from 4.49% and the equivalent flat rate is 2.35%. The calculation used is a division of the reducing rate by 1.91 and this is indicative only.
  • Finance is offered only for regular residential mortgages and ready properties




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