FAB Home Loan

FAB Home Loan

First Abu Dhabi Bank (FAB)

MINIMUM SALARY

AED 15,000

FIXED RATE

2.75 %

LOAN AMOUNT

AED 20,000,000

REDUCING RATE

4.99 %

DOWN PAYMENT

20.00 %

  • Refund of valuation fees up to AED 3,000
  • No processing fee
  • Cash refund of pre-payment fee up to AED 10,000*
  • Free pre-approval

Minimum Salary Required

AED 15,000

Max Loan Amount

AED 20,000,000

Fixed Rate

2.75 %

Reducing Rate

4.99 %

Down Payment

20.00 %

Key Features

  • Rates as low as 2.75%
  • Borrow up to 80% of the value of your home
  • Flexible repayment schedule
  • Choose the rates and durations that suit you
  • Borrow up to AED 20m
  • Life and property insurance coverage
  • Processing fees as low as 1%
  • Solutions available for UAE nationals, GCC nationals (both UAE resident and non-resident), and other expats living in the UAE
FAB Home Loan for Residents and UAE Nationals

FAB Home Loan for Residents and UAE Nationals

First Abu Dhabi Bank (FAB)

MINIMUM SALARY

AED 15,000

FIXED RATE

1.99%

LOAN AMOUNT

AED 20,000,000

REDUCING RATE

1.99%

DOWN PAYMENT

30.00%

  • Multiple fixed-rate options available to choose from
  • No approval-in-principle fees
  • Reduced processing fee: 0.5% + VAT
  • Borrow upto AED 20 Million

Minimum Salary Required

AED 15,000

Max Loan Amount

AED 20,000,000

Fixed Rate

1.99%

Reducing Rate

1.99%

Down Payment

30.00%

Key Features

Starting from 1.99% per year for a two-year fixed interest rate.

Multiple fixed-rate options available so you can choose the payments and durations that suit you:
- 2 years starting from 1.99% per year
- 3 years starting from 2.19% per year
- 5 years starting from 2.49% per year

*Applicable rate shall apply after completion of the selected introductory period of 24 or 12 months.

Terms and conditions apply.
Features and benefits are subject to alteration/cancellation.

  • No approval-in-principle fees. Check your eligibility at no cost.
  • Reduced processing fee: 0.5% + VAT
  • Down Payment : 15% for UAE Nationals and 20% for ResidencesDown Payment  
    • Borrow up to 85% of the value of your home for UAE national first-time buyers
    • Borrow up to 80% of the value of your home for expat first-time buyers
  • Borrow up to AED 20 million
  • Shariah compliance also is applicable

Buyout Loans

  • No processing fees on buyout Loans
  • Refund of valuation fees up to AED 3,000 per property
  • Refund of up to AED 10,000 per property for buyout fees

After the introductory period, all rates will revert to a variable rate based on the bank defined mortgage base rate and a pre-agreed margin.