FAB Mortgage loan for Residences in UAE

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FAB Bank

Mortgage loan for Residences in UAE

Minimum Salary

AED 15K

Flat Rate

3.99%

Reducing Rate

7.23%

Loan Amount

AED 20000K

Early Settlement Fee

1.05%

Arrangement Fee

1.05%

Down Payment

20%

Repayments Up To

25 Years

Apply Now
minimum salary

AED 15K

Minimum Salary

flat rate

3.99%

Flat Rate

reducing rate

7.23%

Reducing Rate

max finance

AED 20000K

Loan Amount

early settlement fee

1.05%

Early Settlement Fee

arrangement fee

1.05%

Arrangement Fee

down payment

20%

Down Payment

repayment

25 Years

Repayments Up To

Apply Now

View details on bank page

Features

  • Interest rates charged are 3.99%
  • Maximum tenure of 25 years is provided
  • A minimum salary of AED 15,000 is required per month
  • Up to 20 million of finance amount can be availed
  • Up to 80% of the property value is provided as finance

Benefits

  • High finance is provided
  • Provides finance for both under construction and completed properties

Frequently Asked Questions

⭐ How are the interest rates charged?

A. For the first two years, fixed rates are charged and later on it is charged as per variable rates.

⭐ Can I avail this loan to purchase a property outside UAE?

A. No. This finance can be availed purchase properties only in the UAE.

⭐ Can I get finance for under construction properties as well?

A. Yes. You can avail finance for under-construction and completed properties as well.

FAB

First Abu Dhabi Bank (FAB) is one of the largest banking institutions established in 2017 and is a merger of NBAD and FGB. FAB offers tailor made solutions, products and services to the customers.The international network of FAB is spread over 5 continents providing global relationships, expertise and financial strength to local and international business. FAB offers its diversifying services by having differentiation, agility and innovation as their main motto and vision

   Get in touch with FAB Customer Care

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