Abu Dhabi Real Estate

This is a Sharia-compliant product Down payment of 20% is required Finance repayment period of up to 25 years. You 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 1.05% of approved finance amount. In case of a buy-out there is no processing fee. The early settlement fee is 1.05% of the loan amount (max AED 10,500). For partial settlement, the early settlement fee is 1.05% of the amount partially paid. The takaful fee is 0.0525% per annum, on the property value for property insurance And 0.0365% per month on the loan amount for life insurance. The profit rate starts from 3.50% on reducing balance for the first 24 months. The rate is fixed for 24 months. Thereafter, it is a variable rate which is based on the bank's own rate known as Mortgage Base Rate (MBR) and not on the Central Bank EIBOR. The reducing rate of this finance is 6.57% and the equivalent flat rate is 3.50%. The calculation used is a division of the reducing rate by 1.877 and this is indicative only. Listed properties in Dubai & Abu Dhabi.

Min. Salary AED 15,000
Flat Rate
(est. equivalent)
From 3.5% p.a.
Reducing Rate
(est. equivalent)
From 6.57% p.a.
Arrangement Fee 1.05%
Downpayment 20%
Max Finance Amount AED 20M
Fixed/Variable Fixed
Early Settlement Fee 1.05%
Great for
Be Aware
Main Benefits

  • Loan applicable to completed property, under construction or transferring an existing loan
  • Flexible repayment options: from Salary or rentals
  • Salary transfer not required
  • No processing fees, free valuation and refund of early settlement fees on buyout loans from other banks (terms and conditions apply).

Overview of Features

  • This is a Sharia-compliant product
  • Down payment of 20% is required
  • Finance repayment period of up to 25 years.
  • You 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 1.05% of approved finance amount. In case of a buy-out there is no processing fee.
  • The early settlement fee is 1.05% of the loan amount (max AED 10,500). For partial settlement, the early settlement fee is 1.05% of the amount partially paid.
  • The takaful fee is 0.0525% per annum, on the property value for property insurance And 0.0365% per month on the loan amount for life insurance.
  • The profit rate starts from 3.50% on reducing balance for the first 24 months.
  • The rate is fixed for 24 months. Thereafter, it is a variable rate which is based on the bank's own rate known as Mortgage Base Rate (MBR) and not on the Central Bank EIBOR.
  • The reducing rate of this finance is 6.57% and the equivalent flat rate is 3.50%. The calculation used is a division of the reducing rate by 1.877 and this is indicative only.
  • Listed properties in Dubai & Abu Dhabi.




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