Top Home Loans
HSBC Home Loan
United Arab Bank Home Loan
Rakbank Home Loan
Standard Chartered Home Loan
CBD Home Loan
Emirates NBD Home Loan
National Bank of Fujairah Home Loan
CBI Home Loan
Dubai Islamic Bank Home Loan
Al Khaliji France Home Loan
ADIB Home Loan
Union National Bank Home Loan
Arab Bank Home Loan
FAB Home Loan
Other Home Loans From Dubai Islamic Bank
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 products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page 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.
Dubai Islamic Bank Al Islami Home Finance for UAE Nationals
Al Islami Home Finance for UAE Nationals
- 0% processing fees
- Salary transfer is not required
- Can add a co-applicant to improve eligibility
- Provides high loan amounts
- Both self-employed and salaried individuals are eligible
- Age limit of 20-70 years are eligible
- Minimum salary of AED 7000 is required
- The flat interest rate on this loan is 1.79%
- The reducing interest rate of this finance is 3.24%
- The loan is provided on the maximum tenure of 25 years
- No processing fees are charged
- Maximum finance of AED 50000000 is provided
- Down payment of 20% is required
- 1% of the total loan amount is charged as early settlement fees
- 80% of property value is provided as loan amount on
- 0% of processing fees are charged
- Salary transfer to DIB account is not mandatory
- Provides loan for both residential and commercial property
- Islamic insurance is offered
- Very low-profit rates
- Can add a co-applicant to increase the chance of eligibility
Frequently Asked Questions
⭐ Should I transfer my salary to Dubai Islamic Bank?
A. No, the salary transfer is not mandatory.
⭐ Is getting a insurance mandatory?
A. Yes, it is mandatory to get a life insurance and property insurance.
⭐ How much downpayment is required for self-employed individuals?
A. 20% of downpayment is required on residential properties.
⭐ How much finance is provided on commercial properties?
A. On commercial properties, 60% of property value is provided as finance.
⭐ Can I transfer my existing home loan to DIB?
A. Yes, you can avail Buyout loan facility and transfer your existing mortgage to DIB.
⭐ What is the processing fees for buyout home loan?
A. On buyout loans, there are no arrangement fees charged.
⭐ What is the maximum amount of finance provided by DIB Al Islami Home finance?
A. DIB provides the highest finance of AED 5000000 for Al Islami Home Finance.
⭐ Can I reschedule my loan tenure?
A. Yes, rescheduling the tenure of the loan is applicable in DIB.
⭐ What is the minimum salary required for home finance at DIB?
A. Minimum salary of AED 7000 is required to be eligible for DIB Home finance.
⭐ Does DIB follow commercial banking principles or Islamic banking principles on home loans?
A. As the name suggests, DIB Al Islami Home Finance follows takaful laws.
Dubai Islamic Bank (DIB), established in 1975 is the pioneer of Islamic banking that has seen a phenomenal growth. The Bank since inception has remained customer-centric organization, where honesty and customized personal service form the basis of all relationships. Though sticking to its root traditions, the bank equally blends with the commitment of innovation, flexibility, and modernity. Every customer of the bank is provided with comprehensive solutions for any financial need.
The bank works with the vision of providing unsurpassed customer service and becoming the world’s largest Islamic banking corporation.
Get in touch with Dubai Islamic Bank Customer Care