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CBD Mortgage Loan

CBD Mortgage Loan
Minimum Salary

12,000 AED

Flat Rate

2.32 %

Reducing Rate


Max. Term

25 Years

Salary Transfer


Islamic Finance



CBD Mortgage Loan rate for expats starts from 3.98%

The perfect combination of a great rate, easy buyouts and flexibility to owning your dream home.

Major Advantage: Available for both salaried and self-employed, Low minimum salary requirement

Rate Card

Reducing Balance Rate - Fresh Purchase / Buyout

Category Rate applicable for Fixed Year
For Salaried Starting from 3.98% p.a.
For Self Employed Starting from 4.74% p.a.


Complete the form to get more detailed quotation as per your working profile


Interest Rates & Charges:

Reducing Rate (as advertised): Starting from 3.98% p.a.

Flat Rate: 2.32% p.a. (calculated as per 25 years tenure)

Processing Fees: 0.25% of the loan amount (Minimum AED 3000+ Vat), Nil for buyout 

Property valuation Fees: AED 3,150 (50% waiver on disbursement)

Early Settlement Fees: 1% of Outstanding Loan or AED10,000 (whichever is lower)

Partial Settlement Fees: Flexibility to repay up to 15% of your outstanding balance per annum without penalties


Finance Requirements:

Minimum Income Requirement:

  • For salaried AED 12,000
  • For self-employed AED 20,000


Minimum Length of Service Required: 6 months for salaried; 3 years for self-employed

Salary Transfer: Not compulsory, Better rates are possible with salary transfer

Minimum Down payment: 

  • For first property (If property price < AED 5M): 20% for Expats
  • For first property (If property price > AED 5M): 35% for Expats
  • For second property: 40% for Expats

Note: Fee Financing also possible

Key Details:

Maximum Finance Amount: AED 20,000,000

Islamic Finance: Yes Available

Maximum Term: 25 Years

Finance available for: All Ready Villas or apartments registerable with Lands department and for approved off plan properties


Insurance (Compulsory):

Life Insurance: 0.01167% of the finance amount per month

Property Insurance: 0.04% per annum

Documents Required

Common Documents:  

  • Valid Passport, Resident Visa and Emirates ID Copy.
  • Offer Letter Copies of All Personal Ongoing Finance.
  • Rental Income Document (If any).                      
  • Liability Letter (In case of Buyout Finance only).
  • Relevant property Documents.


Salaried Client Documents:

  • Latest Salary Certificate addressed to CBD BANK.
  • Latest 6 Months Personal Bank Statement.
  • Six months Pay slips if there is variance in Salary.


Self-Employed Client Documents:

  • Valid Company Trade license.
  • MOA (Memorandum of Association) including all amendments.
  • Latest 6 Months Personal Bank Statement.
  • Latest 6 Months Company Bank Statement.
  • Audit Financials of last 2 years.
  • Offer Letter Copies of All Company Ongoing Finance.
Additional Info
  • All info mentioned can change at any point of time as per the discretion of the bank. The Bank will determine eligibility. All info above is subject to change.
  • Reducing rate is converted into flat rate as per 25 years calculation.
  • Terms and conditions apply.
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