Abu Dhabi Real Estate

This finance is sharia-compliant. For Government housing schemes, a minimum down payment of 15% is required. Finance repayment period of up to 25 years. UAE Nationals require a minimum salary of AED 7,000 per month to be eligible. It is not a requirement to transfer your salary to apply The processing fee is 1% of finance amount for Ijarah transactions, and there is no fee on balance transfer. The early settlement fee is 1% of the outstanding finance amount, with a cap at AED 10,000. Group takaful rates offered upto 0.03% per month The profit rate starts at 3.75% variable. The rate is calculated as a reducing rate. This rate is variable, based on the Central Bank's 6 month EIBOR rate plus a bank margin. The reducing rate of this finance is 3.75% and the equivalent flat rate is 2.07%. The calculation used is a division of the reducing rate by 1.814 and this is indicative only. Any ready property which can be registered in the name of the customer in the relevant authority (across UAE). Financing for under construction properties in UAE is also offered for Government Housing Scheme Mohammed Bin Rashid Establishment.

Min. Salary AED 70,000
Flat Rate
(est. equivalent)
From 2.07% p.a.
Reducing Rate
(est. equivalent)
From 3.75% p.a.
Arrangement Fee 1%
Downpayment 15%
Max Finance Amount AED 50M
Fixed/Variable Variable
Early Settlement Fee 1%
Great for
Be Aware
Main Benefits

  • This finance is for ready properties under government housing scheme
  • Home Finance amount is up to AED 50 million for repayment of up to 25 years.

Overview of Features

  • This finance is sharia-compliant.
  • For Government housing schemes, a minimum down payment of 15% is required.
  • Finance repayment period of up to 25 years.
  • UAE Nationals require a minimum salary of AED 7,000 per month to be eligible.
  • It is not a requirement to transfer your salary to apply
  • The processing fee is 1% of finance amount for Ijarah transactions, and there is no fee on balance transfer.
  • The early settlement fee is 1% of the outstanding finance amount, with a cap at AED 10,000.
  • Group takaful rates offered upto 0.03% per month
  • The profit rate starts at 3.75% variable. The rate is calculated as a reducing rate.
  • This rate is variable, based on the Central Bank's 6 month EIBOR rate plus a bank margin.
  • The reducing rate of this finance is 3.75% and the equivalent flat rate is 2.07%. The calculation used is a division of the reducing rate by 1.814 and this is indicative only.
  • Any ready property which can be registered in the name of the customer in the relevant authority (across UAE). Financing for under construction properties in UAE is also offered for Government Housing Scheme Mohammed Bin Rashid Establishment.




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