Abu Dhabi Real Estate

This finance is sharia-compliant. For self construction, the down payment is 50%. Finance repayment period of up to 25 years. You require a minimum salary of AED 25,000 per month to be eligible. For self employed customers you require a minimum credit turnover of AED 30,000 per month Not Required The processing fee is 1% of the finance amount (Min AED 2,000). The early settlement fee for this finance is 1.00% of the outstanding amount (principal + profit) to date. The bank has the discretion to waive any or all of the total outstanding profit. FALSE For off plan properties the profit rates start at 6.5% during construction and 6% after construction. This is a reducing rate, and it will vary according to customer profile. This is a variable rate. During construction it is based on Fixed rate of 6.50%. After construction it is based on the Central Bank's 6 month EIBOR plus a bank margin of 3.75%. The reducing rate of this finance is 6% and the equivalent flat rate is 3.3%. The calculation used is a division of the reducing rate by 1.814 and this is indicative only Properties in Sharjah, Dubai and Abu Dhabi.

Min. Salary AED 25,000
Flat Rate
(est. equivalent)
From 3.31% p.a.
Reducing Rate
(est. equivalent)
From 6% p.a.
Arrangement Fee 1%
Downpayment 50%
Max Finance Amount AED 3M
Fixed/Variable Fixed Then Variable
Early Settlement Fee 1%
Great for
Finance available for any under construction property
Be Aware
High minimum salary requirement to apply for this loan
There is a down payment requirement
Main Benefits

  • Finance amount up to AED 3 million with a repayment period of 25 years.

Overview of Features

  • This finance is sharia-compliant.
  • For self construction, the down payment is 50%.
  • Finance repayment period of up to 25 years.
  • You require a minimum salary of AED 25,000 per month to be eligible. For self employed customers you require a minimum credit turnover of AED 30,000 per month
  • Not Required
  • The processing fee is 1% of the finance amount (Min AED 2,000).
  • The early settlement fee for this finance is 1.00% of the outstanding amount (principal + profit) to date. The bank has the discretion to waive any or all of the total outstanding profit.
  • FALSE
  • For off plan properties the profit rates start at 6.5% during construction and 6% after construction. This is a reducing rate, and it will vary according to customer profile.
  • This is a variable rate. During construction it is based on Fixed rate of 6.50%. After construction it is based on the Central Bank's 6 month EIBOR plus a bank margin of 3.75%.
  • The reducing rate of this finance is 6% and the equivalent flat rate is 3.3%. The calculation used is a division of the reducing rate by 1.814 and this is indicative only
  • Properties in Sharjah, Dubai and Abu Dhabi.




    Inquire