Top Home Loans
Other Home Loans From Emirates NBD
Emirates NBD Home Loan for UAE National
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.
Home Loan for UAE National
- Get pre-approved facility
- Low insurance charges
- High finance
- Approval In principle is provided
- 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 to Emirates NBD account is not required
- The loan is provided for a maximum tenure of 25 years
- Both life insurance and property insurance is mandatory
- 1% of the total loan amount is charged as processing fees
- Maximum loan amount provided is AED 15000000
- 20% of the property value should be paid as the down payment
- 1% of outstanding loan amount is charged on early settlement
- High finance is provided
- Low down payment requirement
- Low rates on property insurance and life insurance
- Can know the approved loan amount in prior
- Salary transfer is not mandatory
- Hassle free documentation
Frequently Asked Questions
⭐ Do I need to provide my salary certificate?
A. Yes, for salaried individuals salary certificate is mandatory.
⭐ Do I need to provide my previous work proof?
A. Yes, if your current employment is less than 3 years then your previous work proofs must be provided.
⭐ Do the co-applicant should be a salaried individual?
A. No, the co-applicant doesn’t need to be a salaried individual.
⭐ Is salary transfer mandatory?
A. No, salary transfer to Emirates NBD account is not mandatory.
⭐ How much is it charged for property insurance?
A. 0.05%(per annum) of the total property value is charged as property insurance.
⭐ How much is it charged for life insurance?
A. 0.4%(per annum) of the outstanding loan amount is charged as borrower’s life insurance.
⭐ What is the minimum age required to be eligible?
A. UAE Nationals of minimum age 21 years are eligible for Emirates NBD home loan.
In 2007, Emirates Bank International (EBI) and the National Bank of Dubai (NBD), the second and fourth largest banks in UAE, merged to form the banking champion - Emirates NBD. With more than 200 branches and over 900 ATMs and Cash Deposit Machines (CDMs) across the country and overseas, it is globally recognized as the most valued financial services provider in the Middle East. On November 15, 2016, Emirates NBD took over Emirates Money Consumer Finance LLC, becoming a regional consolidation blueprint for banking and finance sector in the UAE.
Corporate Values of the Emirates NBD are:
- Customer Focus
- Service Excellence
- Passion For Performance
Get in touch with Emirates NBD Customer Care