Abu Dhabi Real Estate

  You are required to put a downpayment of 20% if you are a UAE national and 25% if you are a UAE Resident; if you are First House or Owner Occupied - 20% to 35% Second House or Investment Property - 35% to 40% Under construction property - 50% The maximum loan amount depends on each applicant’s financial eligibility and is subject to UAE Central Bank regulations. To be eligible, you require a minimum salary of AED 20,000 per month It is not a requirement to transfer your salary to apply. The processing fee is 1.25% of original loan amount if fee is paid upfront; 1.5% of original loan amount if fee is added to loan amount; Minimum processing fee is AED 3,000. The early settlement fee is 1% of the outstanding balance of the Loan or AED 10,000 (whichever is lower) at the date of repayment until the seventh anniversary of the Drawdown Date. Following the seventh anniversary of the Drawdown Date: ERC for buy-out: 0.5% of the outstanding balance of the Loan or AED 5,000 (whichever is lower) No ERC payable if early payment is made through sale of mortgaged property or from borrower’s own resources. Insurance is provided but is dependent on customer age; salary; health The interest rate starts at 4.50% fixed margin.The rate is calculated as a reducing rate. The rate is linked to 3 months EIBOR rate plus a margin applicable by ADF. This is a variable rate based on the Central Bank's 3 months EIBOR rate plus a margin applicable by ADF. The reducing rate of this finance is 4.5% and the equivalent flat rate is 2.48%. The calculation used is a division of the reducing rate by 1.814 and this is indicative only. Wide range of properties from our approved list of developers and developments across Abu Dhabi and Dubai

Min. Salary AED 20,000
Flat Rate
(est. equivalent)
From 2.48% p.a.
Reducing Rate
(est. equivalent)
From 4.5% p.a.
Arrangement Fee 1.25%
Downpayment 25%
Max Finance Amount AED 0
Fixed/Variable Variable
Early Settlement Fee 1%
Great for
There is a long repayment period
Be Aware
There is a down payment requirement
This product is available for Abu Dhabi Properties only
Main Benefits

  • Free Partial Settlement upto 20% per year.

Overview of Features

 
  • You are required to put a downpayment of 20% if you are a UAE national and 25% if you are a UAE Resident; if you are First House or Owner Occupied - 20% to 35% Second House or Investment Property - 35% to 40% Under construction property - 50%
  • The maximum loan amount depends on each applicant’s financial eligibility and is subject to UAE Central Bank regulations.
  • To be eligible, you require a minimum salary of AED 20,000 per month
  • It is not a requirement to transfer your salary to apply.
  • The processing fee is 1.25% of original loan amount if fee is paid upfront; 1.5% of original loan amount if fee is added to loan amount; Minimum processing fee is AED 3,000.
  • The early settlement fee is 1% of the outstanding balance of the Loan or AED 10,000 (whichever is lower) at the date of repayment until the seventh anniversary of the Drawdown Date. Following the seventh anniversary of the Drawdown Date: ERC for buy-out: 0.5% of the outstanding balance of the Loan or AED 5,000 (whichever is lower) No ERC payable if early payment is made through sale of mortgaged property or from borrower’s own resources.
  • Insurance is provided but is dependent on customer age; salary; health
  • The interest rate starts at 4.50% fixed margin.The rate is calculated as a reducing rate. The rate is linked to 3 months EIBOR rate plus a margin applicable by ADF.
  • This is a variable rate based on the Central Bank's 3 months EIBOR rate plus a margin applicable by ADF.
  • The reducing rate of this finance is 4.5% and the equivalent flat rate is 2.48%. The calculation used is a division of the reducing rate by 1.814 and this is indicative only.
  • Wide range of properties from our approved list of developers and developments across Abu Dhabi and Dubai




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