Mashreq Al Islamic Home Finance for Non Resident
To Speak to an advisor, Kindly Call +971-43233236
Email Us: sales@compare4benefit.com
Enjoy a wide range of Non-Resident home finance solutions and discover the best range of house finance options guided by best mortgage experts.
Major Advantage: Fixed rate options also available, Free partial settlement up to 25%, Sharia’h compliant
Reducing Balance Rate
| Annual rate | |
| For Non-Resident Clients | 6.75% Fixed for 3 years |
* Kindly fill the form to get detailed quotation with rates and other charges as per your working profile
Profit Rates & Charges:
Reducing Rate (as advertised): 6.49% fixed for 3 years
Flat Rate: 4.10% p.a.
Pre-Approval Fees: 1,050
Processing Fees: 1% of finance amount + Vat
Early Settlement Fees: 1% of outstanding amount (max cap AED 10,000)
Partial Settlement Fees: No penatly up to 25% of outstanding amount (once a year)
Requirements:
Minimum Average Balance Requirement: AED 25,000 balance in Personal account
Minimum Down payment Required: 50%
Key Details:
Maximum Finance Amount: AED 10,000,000
Islamic Finance: Yes
Maximum Term: 25 Years
Finance available for: Ready properties in Dubai, Abu Dhabi
Takaful (Compulsory):
Life Takaful: 0.165% p.a.
Property Takaful: 0.06% p.a.
Common Documents:
Salaried Client Documents:
Self-Employed Client Documents:
Minimum Salary: 10,000 AED
Reducing Rate 4.89%
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