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 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.