ADIB Home Loan for UAE Nationals

ADIB Home Loan for UAE Nationals

Abu Dhabi Islamic Bank (ADIB)

MINIMUM SALARY

AED 10,000

FIXED RATE

2.06%

LOAN AMOUNT

AED 20,000,000

REDUCING RATE

3.75%

DOWN PAYMENT

20.00%

  • Free property insurance for the entire tenure
  • Optional grace period up to six months
  • Automatic priority status upgrade
  • Life insurance financing.

Minimum Salary Required

AED 10,000

Max Loan Amount

AED 20,000,000

Fixed Rate

2.06%

Reducing Rate

3.75%

Down Payment

20.00%

Key Features

  • Financing of up to AED 20 million for UAE Nationals
  • Six months optional grace period (for Salary Transfer customers)
  • ADIB paid property insurance for the full tenure
  • Financing of up to 80% of the property value
  • No early settlement fees when selling the property
  • Free partial settlement of up to 30% outstanding annually
  • Salary transfer is optional
  • Financing available for self-employed applicants
FAB Islamic Home Finance

FAB Islamic Home Finance

First Abu Dhabi Bank (FAB)

MINIMUM SALARY

AED 15,000

FIXED RATE

LOAN AMOUNT

AED 2,000,000

REDUCING RATE

0.55% + 3 months EIBOR in first year

DOWN PAYMENT

15.00%

  • Fixed profit rate options for up to 10 years
  • Up to 85% financing for first-time buyers
  • No approval-in-principle fee

Minimum Salary Required

AED 15,000

Max Loan Amount

AED 2,000,000

Reducing Rate

0.55% + 3 months EIBOR in first year

Down Payment

15.00%

Key Features

Islamic Home Finance benefits include:

  • Profit rates starting from 3-month EIBOR + 0.49%* for the first year then 3-month EIBOR + 1.20%* per year from the second year onwards
  • Fixed profit rate options for up to 10 years
  • Up to 85% financing for first-time buyers
  • No approval-in-principle fee