ADIB Home Loan for Expats

ADIB Home Loan for Expats

Abu Dhabi Islamic Bank (ADIB)

MINIMUM SALARY

AED 15,000

FIXED RATE

2.06%

LOAN AMOUNT

AED 15,000,000

REDUCING RATE

3.75%

DOWN PAYMENT

25.00%

  • 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 15,000

Max Loan Amount

AED 15,000,000

Fixed Rate

2.06%

Reducing Rate

3.75%

Down Payment

25.00%

Key Features

  • 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
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
CBD Mortgage Loan

CBD Mortgage Loan

Commercial Bank Of Dubai (CBD)

MINIMUM SALARY

AED 12,000

FIXED RATE

1.65 %

LOAN AMOUNT

AED 15,000,000

REDUCING RATE

2.99 %

DOWN PAYMENT

25.00 %

  • 0% Processing Fee on Buyouts

Minimum Salary Required

AED 12,000

Max Loan Amount

AED 15,000,000

Fixed Rate

1.65 %

Reducing Rate

2.99 %

Down Payment

25.00 %

Key Features

  • 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
Emirates Islamic Home Finance - Manzili

Emirates Islamic Home Finance - Manzili

Emirates Islamic Bank (EIB)

MINIMUM SALARY

AED 15,000

FIXED RATE

1.92%

LOAN AMOUNT

AED 15,000,000

REDUCING RATE

3.49%

DOWN PAYMENT

15.00%

  • Competitive Profit Rates
  • Loan Tenure Upto 25 Yrs

Minimum Salary Required

AED 15,000

Max Loan Amount

AED 15,000,000

Fixed Rate

1.92%

Reducing Rate

3.49%

Down Payment

15.00%

Key Features

  • Variable rate option starting from 3.49% p.a.
  • 1% Processing Fee (0% processing fee for buy-outs)
  • 60 days installment deferment available
  • Low rate on Life Takaful
  • Automatic Enrollment in priority banking
  • Pre-approved Credit Card
Emirates NBD Commercial Properties Financing

Emirates NBD Commercial Properties Financing

Emirates NBD

MINIMUM SALARY

AED 25,000

FIXED RATE

2.75%

LOAN AMOUNT

AED 7,000,000

REDUCING RATE

4.99%

DOWN PAYMENT

2.75%

  • Up to 10 Yrs payment tenor for commercial properties

Minimum Salary Required

AED 25,000

Max Loan Amount

AED 7,000,000

Fixed Rate

2.75%

Reducing Rate

4.99%

Down Payment

2.75%

Key Features

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

Things To Be Aware Of

Emirates NBD Home Loan for Expatriates

Emirates NBD Home Loan for Expatriates

Emirates NBD

MINIMUM SALARY

AED 20,000

FIXED RATE

2.89%

LOAN AMOUNT

AED 15,000,000

REDUCING RATE

5.25%

DOWN PAYMENT

25.00%

  • Competitive Interest Rates

Minimum Salary Required

AED 20,000

Max Loan Amount

AED 15,000,000

Fixed Rate

2.89%

Reducing Rate

5.25%

Down Payment

25.00%

Key Features

  • 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
Emirates NBD Home Loans for UAE Nationals

Emirates NBD Home Loans for UAE Nationals

Emirates NBD

MINIMUM SALARY

AED 10,000

FIXED RATE

2.89 %

LOAN AMOUNT

AED 15,000,000

REDUCING RATE

5.25 %

DOWN PAYMENT

20.00 %

  • Pre-Approval Facility

Minimum Salary Required

AED 10,000

Max Loan Amount

AED 15,000,000

Fixed Rate

2.89 %

Reducing Rate

5.25 %

Down Payment

20.00 %

Key Features

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

FAB Islamic Home Finance

FAB Islamic Home Finance

First Abu Dhabi Bank (FAB)

MINIMUM SALARY

AED 15,000

FIXED RATE

3.99 %

LOAN AMOUNT

AED 20,000,000

REDUCING RATE

0.55% + 3 months EIBOR in first year

DOWN PAYMENT

Upto 15.00%

  • Fixed profit rates starting from 3.99% per year
  • Up to 85% financing for first-time buyers
  • No approval-in-principle fee

Minimum Salary Required

AED 15,000

Max Loan Amount

AED 20,000,000

Fixed Rate

3.99 %

Reducing Rate

0.55% + 3 months EIBOR in first year

Down Payment

Upto 15.00%

Joining Offers

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


Key Features

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.

RAKBANK Home In One

RAKBANK Home In One

RAKBANK

MINIMUM SALARY

AED 15,000

FIXED RATE

2.69%

LOAN AMOUNT

AED 0

REDUCING RATE

4.87%

DOWN PAYMENT

25.00%

  • Low Cost Mortgage - Interest saving option
  • Nil In Principle Approvals (IPA) fees
  • Bundled Emirates Skywards World Elite Credit Card
  • Interest calculated on daily balances held
  • Competitive interest rates

Minimum Salary Required

AED 15,000

Fixed Rate

2.69%

Reducing Rate

4.87%

Down Payment

25.00%

Key Features

  • 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.
RAKBANK Mortgage Home Loan

RAKBANK Mortgage Home Loan

RAKBANK

MINIMUM SALARY

AED 15,000

FIXED RATE

0.00 %

LOAN AMOUNT

AED 0

REDUCING RATE

3.24 %

DOWN PAYMENT

25.00 %

  • Low and affordable mortgage loan interest rates
  • Finance available on most ready projects with Title Deeds

Minimum Salary Required

AED 15,000

Fixed Rate

0.00 %

Reducing Rate

3.24 %

Down Payment

25.00 %

Key Features

  • 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
Standard Chartered MortgageOne Account

Standard Chartered MortgageOne Account

Standard Chartered Bank (SCB)

MINIMUM SALARY

AED 30,000

FIXED RATE

1.95 %

LOAN AMOUNT

AED 18,000,000

REDUCING RATE

3.53 %

DOWN PAYMENT

20.00 %

  • Low Cost Loan utilising your savings

Minimum Salary Required

AED 30,000

Max Loan Amount

AED 18,000,000

Fixed Rate

1.95 %

Reducing Rate

3.53 %

Down Payment

20.00 %

Key Features

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.

Standard Chartered Saadiq Home Finance

Standard Chartered Saadiq Home Finance

Standard Chartered Bank (SCB)

MINIMUM SALARY

AED 30,000

FIXED RATE

1.95 %

LOAN AMOUNT

AED AED 18,000,000

REDUCING RATE

3.53 %

DOWN PAYMENT

20.00 %

  • Rent to Own option

Minimum Salary Required

AED 30,000

Max Loan Amount

AED AED 18,000,000

Fixed Rate

1.95 %

Reducing Rate

3.53 %

Down Payment

20.00 %

Key Features

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.