This finance is sharia-compliant. Expats are required to put 25% as down payment for this finance. UAE Nationals are required to put 20% as down payment for this finance. The maximum amount of finance offered is AED 15,000,000. You require a minimum salary of AED 15,000 per month to be eligible. It is not a requirement to transfer your salary to apply. However to avail the best rates require the salary is required to be transferred The processing fee is 1% of the total finance amount. However, there is no process fee for balance transfers. The early settlement fee for this finance is 1% of the outstanding amount (principal + profit) to date. The bank has the discretion to waive any or all of the total outstanding profit. Insurance fees are 0.35% of the finance amount. The profit rate starts from 3M EIBOR +1.75% p.a. This rate is variable, based on the Central Bank's 3 month EIBOR rate plus a bank margin. The reducing rate of this finance is 3.49% and the equivalent flat rate is 1.63%. The calculation used is a division of the reducing rate by 1.814 and this is indicative only