Abu Dhabi Finance Essence Fixed Home Loan- Dubai and Abu Dhabi properties only

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Abu Dhabi Finance Bank

Essence Fixed Home Loan- Dubai and Abu Dhabi properties only

Minimum Salary

AED 10K

Flat Rate

2.2%

Reducing Rate

3.99%

Early Settlement Fee

2%

Arrangement Fee

1%

Down Payment

25%

Repayments Up To

25 Years

Advantages

  • One payment holiday every year
  • Salary transfer not required
  • Quick approval
Apply Now
minimum salary

AED 10K

Minimum Salary

flat rate

2.2%

Flat Rate

reducing rate

3.99%

Reducing Rate

early settlement fee

2%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

25%

Down Payment

repayment

25 Years

Repayments Up To

Advantages

  • One payment holiday every year
  • Salary transfer not required
  • Quick approval
Apply Now

View details on bank page

Features

  • Maximum finance provided depends on your financial status
  • Only UAE Nationals are eligible
  • Minimum salary of AED 10000 is required
  • Home Finance is provided at a fixed interest rate of 2.2%
  • Home Finance is provided on a reducing interest rate of 3.99%
  • Salary transfer is not required
  • Both life insurance and property insurance is compulsory
  • 1% of the total loan amount is charged as processing fees
  • The loan is provided for a maximum tenure of 25 years
  • 20% of the property value should be paid as the down payment
  • 2% of outstanding loan amount is charged on early settlement

Benefits

  • Provides high finance amount
  • Customised solutions are provided to the customers
  • Hassle free documentation
  • Quick approval
  • Salary transfer is not required

Frequently Asked Questions

⭐ Do you provide loans for anywhere in UAE?

A. Abu Dhabi Finance provides a loan to properties in Dubai and Abu Dhabi only.

⭐ Can I transfer my existing mortgage to Abu Dhabi finance?

A. Yes, Abu Dhabi finance provides mortgage transfer facility.

⭐ What is the minimum finance amount provided?

A. A minimum finance of AED 2,50,000 is provided.

⭐ Do I get a loan for second-hand properties?

A. Yes, you get a loan for purchasing second-hand properties.

⭐ What is the down payment to be paid for old constructions?

A. Abu Dhabi Finance provides 65% of the property value for old constructions. So you need to pay 35% of the property value for down payment.

⭐ Do I get a loan for off plan properties?

A. Yes, Abu Dhabi finance provides loan for purchasing off plan properties.

⭐ What is the down payment to be paid for off plan properties?

A. Abu Dhabi Finance provides 50% of the property value for old constructions. So you need to pay 50% of the property value for down payment.

⭐ Is partial settlement available?

A. Yes, but you need to inform the authorities earlier, regarding the partial settlement payment.

⭐ Is salary transfer mandatory?

A. No, Abu Dhabi Finance is not a bank, so the salary transfer is not required.

⭐ Does Abu Dhabi finance follow commercial banking principles?

A. Yes, Abu Dhabi Finance works with commercial banking principles.

⭐ What are the other home loans available?

A. You can check otherhome loan Dubaihere.

Abu Dhabi Finance

Abu Dhabi Finance was established in the year 2008 and is currently a large company that provides mortgage loans and provides both, individuals and businesses, with the most relevant real estate financial solutions.

ADF was founded as a public joint stock company between Mubadala Development Company pjsc., Aldar Properties pjsc and ADCB and expanded to Dubai in 2013.

Abu Dhabi Finance believes in the following values:

  • Expertise - based on breadth and depth of experience
  • Transparent products and services
  • Trustworthy Advice throughout the real estate investment journey

   Get in touch with Abu Dhabi Finance Customer Care

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