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ADIB Home Finance for UAE Nationals

ADIB Bank

Home Finance for UAE Nationals

Minimum Salary

AED 10K

Flat Rate

2.06%

Reducing Rate

3.75%

Loan Amount

AED 20000K

Early Settlement Fee

1%

Arrangement Fee

0%

Down Payment

20%

Repayments Up To

25 Years

Advantages

  • Salary transfer is not mandatory
  • High benefits on salary transfer
  • Low/no partial settlement fees
minimum salary

AED 10K

Minimum Salary

flat rate

2.06%

Flat Rate

reducing rate

3.75%

Reducing Rate

max finance

AED 20000K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

0%

Arrangement Fee

down payment

20%

Down Payment

repayment

25 Years

Repayments Up To

Advantages

  • Salary transfer is not mandatory
  • High benefits on salary transfer
  • Low/no partial settlement fees

View details on bank page

Features

  • Both salaried and self-employed individuals are eligible
  • Minimum turnover of AED 2 Million is required for self-employed individuals
  • Minimum age of 21 yrs is required
  • Additional earnings must be verified
  • Minimum length of service of 3 months(UAE Nationals) and 6 months(Expats) is required, salaried individuals
  • Follows takaful laws
  • Minimum salary of AED 10000 is required for salaried individuals
  • The finance is provided at a flat rate of 2.06%
  • The finance is provided at a reducing rate of 3.75%
  • Salary transfer is not required. But additional benefits are provided on the salary transfer
  • Maximum tenure of 25 years is provided
  • Insurance is provided
  • 0% processing fees
  • Maximum finance of AED 20000000 is provided
  • Down payment of 20% of the property value is required
  • The early settlement fees are 1% of the approved loan amount

Benefits

  • Additionals benefits like ADIB Priority status, finance for additional costs are provided
  • Can add a joint account holder
  • Buyout loan facility is available
  • A grace period of 6 months is provided for salaried individuals
  • No processing fees

Frequently Asked Questions

⭐ I’m a salaried individual but I get some income from other sources. Will this be included for being eligible?

A. Yes, you should provide valid documents to prove your additional income.

⭐ Is salary certificate a mandatory document?

A. Yes, salary certificate is a mandatory document for salaried individuals.

⭐ Is salary transfer mandatory?

A. Salary transfer to ADIB account is not mandatory but if you transfer your salary you can avail some extra benefits.

⭐ What are the benefits I get if my salary is transferred to ADIB?

A. If you transfer your salary you get benefits like
-Can get 6 months as a grace period to start your loan payments
-Get free raise to ADIB priority status
-Finance provided to bear additional costs

⭐ What is the maximum finance provided?

A. Maximum finance of AED 20 Million is provided for UAE Nationals.

⭐ How much finance is provided on a property?

A. 80% of the property value is provided as finance.

⭐ What is the minimum length of business required for self-employed individuals?

A. For self-employed individuals, your length of business must be minimum 3 years.

⭐ DO ADIB provide loan for under construction properties?

A. Yes, ADIB provides finance for purchasing under construction properties too.

⭐ What is the eligibility criteria for getting a loan to purchase an under construction property?

A. Only UAE Nationals with a minimum age of 21 years are eligible for getting a loan to purchase an under construction property.

⭐ For how long insurance is provided?

A. Insurance is provided for complete tenure.

ADIB

ADIB is a Public Joint Stock company and is one of the largest banks in the UAE region. Its values include transparency in services, an atmosphere of hospitality and tolerance followed by nature of simplicity and sensibility.

ADIB stands as one of the best banks of UAE by carrying out all the transactions, contracts and services by abiding Ismalic Shari'a principles.

   Get in touch with ADIB Customer Care