To Speak to an advisor, Kindly Call +971-43233236
Email Us: sales@compare4benefit.com
Home Loan for Expatriates.
Eyeing a property in Dubai or Abu Dhabi? This is the perfect home loan package for you
Major Advantage: High finance amount, Fixed rate options also available
Major Concern: High Minimum salary requirement
Reducing Balance Rate
|
Starting Rate |
Salaried (Salary Transfer Required) |
4.39% |
Salaried ( No Salary Transfer) |
4.39% |
All Other Segment | 5.39% |
Interest Rates & Charges:
Reducing Rate (as advertised): Starting from 4.39% p.a.
Flat Rate*: 2.60% p.a. (Approximate calculation as per 25 years tenure)
Processing Fees:
No Salary Transfer | Salary Transfer/ Buyout | All Other Segment |
0.5% | 0% | 1% |
Property valuation Fees: AED 3,000 + Vat (Refundable if taking variable rate)
Early Settlement Fees: 1% of outstanding Loan or AED10,000 (whichever is lower)
Partial Settlement: 20% of the outstanding free
Finance Requirements:
Minimum Salary Requirement: AED 15,000
Minimum Length of Service Required: 6 Months for salaried; 2 Years for self-employed
Salary Transfer: Required for some rate options
Minimum Down-payment:
Key Details:
Maximum Finance Amount: AED 25,000,000
Islamic Finance: No
Maximum Term: 25 years
Finance available for: All properties with title deed in Dubai, Abu Dhabi
Insurance (Compulsory):
Life Insurance: 0.016% per month
Property Insurance: 0.12% p.a. (on property value)
Common Documents:
Salaried Client Documents:
Self-Employed Client Documents:
Minimum Salary: 10,000 AED
Reducing Rate 4.89%
Yalla Apply Now