Under Construction Property Home Loans

• Six months optional grace period (for Salary Transfer customers)
• ADIB paid property insurance for the full tenure
• Financing of up to 80% of 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

• 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

• 0% processing fees on Buyouts
• 0% processing fees on Buyouts
• High Loan amounts up to AED 20 MM
• Tenure up to 25 years
• Flexibility to repay up to 15% of your Outstanding every year without any additional charges or fees
• Financing available for Salaried, Self-employed & Non-resident customers

Special offer applicable only to New to Emirates Islamic Customers 

• Home Finance profit rates starting from 3.99% p.a. fixed for up to 5 years.*
• Variable profit rates starting from 3 Months EIBOR + 1.74% p.a.
• Available to all UAE Nationals & Expatriates
• Offer valid until 31 May 2024

• Home Finance profit rates starting from 3.99% p.a. fixed for up to 5 years.*
• Variable profit rates starting from 3 Months EIBOR + 1.74% p.a.
• Processing fees of 0.5% on finance amount for ready properties.**
• All profit rates are on reducing basis
• This pricing offer cannot be combined with any other active EI offer on Home Finance
• Maximum tenor of 300 months or as per eligibility based on customer’s age
• Takaful Premium is charged separately, not included in the Profit Rates applicable for Home Finance

*Please Note: Buy-out options are also available. You can transfer your existing finance from other banks and financial institution to Emirates Islamic at lower profit rates, longer tenors and lower installments.

A low-interest rate of 4.99%* fixed for 2 years
Up to AED 7M maximum loan amounts
Up to 60% Loan to Value
Up to 10 years repayment tenor

• Loan amount offered up to AED 15 million* or 70 salary multiples, whichever is lower
• Financing up to 75% of the property value
• Loan tenor up to 25 years
• Pre - Approval facility Available for salaried & self-employed individuals

Loan amount offered up to AED 15 million* or 80 salary multiples, whichever is lower
Financing up to 80% of the property value
Loan tenor up to 25 years
Pre - Approval facility
Available for salaried & self-employed individuals

Enjoy fixed profit rates for up to five years if you have an existing FAB/FAB Islamic credit card or if you apply for an Islamic Credit card

Enjoy fixed profit rates for up to five years if you have an existing FAB/FAB Islamic credit card or if you apply for an Islamic Credit card:

With a salary transfer to a FAB Islamic savings account and a credit card*
Fixed profit rate period of One year 3.99%, Three years 4.24% and Five years 4.49%
Without a salary transfer to a FAB Islamic savings account**
Fixed profit rate period of One year 5.24%, Three years 5.24% and Five years 5.24%

Other great benefits include:

• More flexibility with our variable profit rates: One-year variable profit rate from 0.55% per year + 3 months EIBOR for the first year and 1.5% per year + 3 months EIBOR from the second year onwards
• Up to 85% financing for first-time buyers
• No approval-in-principle fee
• Up to AED 12,500 in FAB Islamic Rewards when you transfer your salary to a FAB Islamic Savings Account and obtain FAB Islamic Credit Cards (1 AED = 250 FAB Islamic Rewards)
• Exclusive deals on processing fees and discounted valuation fees on properties with major developers
• Own your dream home today with FAB Islamic Home Finance.

*The subsequent profit rate you’ll move to when your current deal ends is 3 months EIBOR + 1.5% profit margin for customers with a salary transfer to a FAB Islamic savings account and it will not fall below a specified rate of 1.99% over an agreed period of time.

**The subsequent profit rate you’ll move to when your current deal ends is 3 months EIBOR + 1.89% profit margin for non-salary transfer customers and it will not fall below a specified rate of 1.99% over an agreed period of time.

• 3 Years fixed rates starting 2.69%* for salaried customers and 3.49% for Self Employed customers
• Home in One links your current account balances to your mortgage facility in order to reduce the mortgage balance you’re charged interest on - this will help reduce your mortgage payments each month
• Your low yielding deposits once placed in Home in One will yield the same rate as that on the loan. Additionally, you will have instant access to your funds.
• Every deposit you make lowers your interest payments reducing your Facility tenor
• You can withdraw your available balance at any time, just like any current account
• Interest is calculated on your daily balances, reducing the effective rate of interest 
• The Account offers all facilities of a Current Account i.e. Debit Card, Cheque book, Internet and Mobile banking.
• Get a Emirates Skywards Credit Card (T&C apply) along with the Loan as a bundled offer.

• Low and affordable mortgage loan interest rates 
• Finance available on most ready projects with Title Deeds 
• Flexible repayment periods for the Mortgage Loans 
• Minimum formalities and fast approvals
• High Mortgage loan amounts 
• Dedicated Relationship Manager to assist you with your Mortgage requirements

Shorter Loan Period: Since your payments go more towards your principle amount and less towards the interest, your loan tenure will be shorter.
Interest Savings: Interest is calculated daily on the difference between your loan balance and the money in your account.

High Financing Amounts: Take advantage of financing up to AED 18 million.
Shariah Approved: This product is approved by an independent Shariah Supervisory Committee, so you can bank worry-free while complying with Islamic Banking principles.