Enjoy a wide range of home loan 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%
Points to Consider: You need to transfer your salary to get better rate options
Reducing Balance Rate
|Customer Type||Fixed Rate||After Fixed Rate|
|4.99% fixed for 3 years||1.75% fixed margin + 3-month EIBOR (Min. 1.75%)|
|Salaried||5.25% fixed for 3 years||1.99% fixed margin + 3-month EIBOR (Min. 1.99%)|
|Self Employed||6.25% fixed for 3 years||2.25% + 3M Eibor (Min. 3.99%)|
For Preferential Pricing* : Salary >= AED 25k per month
Interest Rates & Charges:
Reducing Rate (as advertised): 4.99% fixed for 3 years
Flat Rate: 3.01% p.a.
Pre-Approval Fees: Nil
Processing Fees: 0% of finance amount (Nil for Buyout Cases/ 1% for low doc case and equity release)
Early Settlement Fees: 1% of outstanding amount (max cap AED 10,000)
Partial Settlement Fees: Up to 25% of outstanding amount (once a year)
Minimum Salary Requirement: AED 15,000
Minimum Length of Service Required: 6 Months
Salary Transfer: Not Compulsory
Minimum Down payment:
*Fee Financing Available
Maximum Finance Amount: AED 18,000,000
Islamic Finance: Yes, available
Maximum Term: 25 Years
Finance available for: Ready properties in Dubai, Abu Dhabi
Life Insurance: 0.165% p.a.
Property Insurance: 0.06% p.a.
Salaried Client Documents:
Self-Employed Client Documents:
Minimum Salary: 10,000 AED
Reducing Rate 4.89%Yalla Apply Now