Top Home Loans
Other Home Loans From CBD
CBD Ijarah Home Lease for Expats
Credit Bureau Consent, Welcome Offer & General Terms & Conditions
I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The information provided on this website does not constitute the marketing of any products or services to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Marino, San Marino, Vatican and Isle of man. The content on this website is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals. Find your nearest Citi branch: www.findmyciti.com/ae/. Call us at: +971 4 311 4000.
Address: Citibank UAE, P.O. Box 749, Dubai, United Arab Emirates.
This product is discontinued by the Bank
Ijarah Home Lease for Expats
- For salaried individuals aged between 21 and 65 years are eligible to apply for this scheme
- For self-employed individuals aged between 21 and 70 years (at loan maturity) are eligible to apply for this scheme
- Minimum length of service required is 3 months for salaried people and 6 months for self-employed people
- Minimum salary of AED 20,000 is required
- Provides financing at an interest rate of 3.99%
- The reduction rate and the flat rate is 3.99% and 2.2%. This denotes that the computation done was a division of the reduction rate by 1.813.
- Finance up to AED 10,000,000
- 0% processing fee on Buyouts
- Required to put 25% down payment for this finance
- Refinance your ready property to get easy access to liquidity
- Invest in under construction property
- There is no processing fee for Buyouts
- Repayment period is up to 25 years
- You get to repay up to 15% of your Outstanding loan every year without paying any additional charges or fees
- You get dedicated Staff to assist you further
- Loan available to both salaried and self-employed individuals
- Finance for ready villas and apartments
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 CBD account is not mandatory but if you transfer your salary you can avail some extra benefits.
⭐ What is the maximum finance provided for Expats?
A. For expats, a maximum finance of AED 10,000,000 is provided.
⭐ 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.
⭐ 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.
Commercial Bank of Dubai (CBD) offers a wide range of retail and commercial banking products and services, in both conventional and Shariah-compliant formats, with a network of 26 branches and over 210 ATMs throughout the UAE. The bank endeavors to build sustainable prosperity through extraordinary banking experiences. CBD commits to:
Get in touch with CBD Customer Care