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 United Arab 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.
United Arab Bank Home Finance for Expats
Home Finance for Expats
- Avail buyout loan facility
- Low processing fees on salary transfer
- Salary transfer is optional
- Follows both conventional and Islamic banking principles
- Both self-employed and salaried expats are eligible
- Minimum salary of AED 20000 is required
- Home Finance is provided at a fixed interest rate of 1.79%
- Home Finance is provided on a reducing interest rate of 3.29%
- Salary transfer to United Arab Bank account is optional
- Maximum loan amount provided is AED 10000000
- Life and property insurance is required
- 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
- 1% of outstanding loan amount is charged on early settlement
- Low-interest rates
- Salary transfer is not mandatory but provides additional benefits for transferring your salary
- Low processing fees on salary transfer
- Can avail buyout loan facility
- Competitive insurance rates
- Quick processing of loan
Frequently Asked Questions
⭐ What is the processing fees for salary transfer individuals?
A. The processing fees for salary transfer individuals is 0.8% of the approved loan amount.
⭐ Can I transfer my existing mortgage loan to United Arab Bank?
A. Yes, you can transfer your existing mortgage loan to United Arab Bank.
⭐ What is the processing fees for buyout loans?
A. The buyout loans are provided for 0% processing fees.
⭐ Can I get a loan for under construction properties?
A. No, United Arab bank provides loan for only completed properties.
⭐ What is the minimum salary required for Expats?
A. The minimum salary required for Expats is AED 20,000.
⭐ What is the minimum income required for Self-employed individuals?
A. The minimum income required for a Self-employed is AED 15,000.
⭐ What is the minimum age required to be eligible for the finance?
A. The loan applicant must be of minimum 21 years old to be eligible for the finance.
⭐ What are the fees for life insurance?
A. You need to pay 0.40% of the total loan amount as the processing fees for life insurance.
⭐ How to apply for life insurance?
A. You will be automatically provided with the Life Insurance with any extra paperwork.
⭐ Do UAB follows Conventional banking principles or Islamic banking laws?
A. UAB follows both conventional banking and Islamic baking principles.
Headquartered in Sharjah, with over 25 branches across the UAE, United Arab Bank, P.J.S.C. (UAB), which was incorporated in 1975, has established itself as a leading banking services provider in the UAE. UAB has a Vision ‘of being the trusted partner and the UAE bank of choice for customers’ and a Mission of ‘offering a superior customer experience, creating shareholder value, and adopting an innovative banking approach while remaining loyal to the nation's heritage and contributing to the overall development of the UAE.’ UAB follows the values of :
- Customer Focus
Get in touch with United Arab Bank Customer Care