ADIB Smart Account

Check Eligibility for ADIB
Home Loan

You are eligible to apply for a ADIB
Home Loan .

You may not be eligible * to apply.

* Minimum salary AED 10000 required to apply for a ADIB Home Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

ADIB Home Loan Calculator

Home Loan Provided By ADIB

MyMoneySouq Page Rating

0 People rated this page

Check Eligibility for ADIB Home Loan

You are eligible to apply for a ADIB
Home Loan .

You may not be eligible * to apply.

* Minimum salary AED 10000 required to apply for a ADIB Home Loan .

Click here to check loans from other banks.

ADIB Home Loan Calculator

ADIB Smart Account

Features of ADIB Home Loan

The Abu Dhabi Islamic Bank offers home loans to UAE nationals as well as expatriates.

Loan Amount

The maximum amount of loan that can be availed from ADIB, depending on your eligibility:

  • UAE Nationals – AED 20 million
  • Expatriates – AED 15 million

Other Features

  • Competitive rate of interest
  • Six months optional grace period (for Salary Transfer customers)
  • ADIB paid property insurance for the full tenure
  • Financing of up to 80% of property value.
  • Loans are provided in a Shariah compliant manner.
  • No early settlement fees when selling the property
  • Free partial settlement of up to 30% outstanding annually
  • Automatic upgrade to ADIB Priority Status (for Salary Transfer customers)
  • Transaction Cost Financing available (for Salary Transfer Customers)

Eligibility Criteria of ADIB Home Loan

  • Minimum Salary (UAE Nationals): AED 10,000 per month
  • Minimum Salary (Expatriates): AED 15,000 per month
  • Minimum age 21 years
  • You must be a confirmed employee to apply for a loan if not then you must be in service for at least 3 months (for UAE Nationals) or 6 months (for expats).
  • Joint Applications are accepted.

Calculate your ADIB home loan EMI using Home loan calculator Dubai

Documents Required of ADIB Home Loan

  • Valid salary certificate
  • Additional income verification
  • Passport copy (plus valid resident visa for expats)
  • Khulasat Al Qaid (Family book for UAE Nationals only)
  • Bank Statements

Note: Further documents might be needed during the application process.

ADIB Home Loan Profit Rates

ADIB Bank

2 ADIB Bank Home Loans

Home Finance for UAE Nationals

minimum salary

Minimum Salary

AED 10K

flat rate

Flat Rate

2.06%

reducing rate

Reducing Rate

3.75%

loan amount

Loan Amount

AED 20000K

early settlement fee

Early Settlement Fee

1%

arrangement fee

Arrangement Fee

0%

down payment

Down Payment

20%

repayment

Repayments Up To

25 Years

minimum salary

AED 10K

Minimum Salary

flat rate

2.06%

Flat Rate

reducing rate

3.75%

Reducing Rate

loan amount

AED 20000K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

0%

Arrangement Fee

down payment

20%

Down Payment

repayment

25 Years

Repayments Up To

Advantages
  • Salary transfer is not mandatory
  • High benefits on salary transfer
  • Low/no partial settlement fees
Advantages
  • Salary transfer is not mandatory
  • High benefits on salary transfer
  • Low/no partial settlement fees

Features

  • Both salaried and self-employed individuals are eligible
  • Minimum turnover of AED 2 Million is required for self-employed individuals
  • Minimum age of 21 yrs is required

Features

  • Both salaried and self-employed individuals are eligible
  • Minimum turnover of AED 2 Million is required for self-employed individuals
  • Minimum age of 21 yrs is required
  • Additional earnings must be verified
  • Minimum length of service of 3 months(UAE Nationals) and 6 months(Expats) is required, salaried individuals
  • Follows takaful laws
  • Minimum salary of AED 10000 is required for salaried individuals
  • The finance is provided at a flat rate of 2.06%
  • The finance is provided at a reducing rate of 3.75%
  • Salary transfer is not required. But additional benefits are provided on the salary transfer
  • Maximum tenure of 25 years is provided
  • Insurance is provided
  • 0% processing fees
  • Maximum finance of AED 20000000 is provided
  • Down payment of 20% of the property value is required
  • The early settlement fees are 1% of the approved loan amount

Benefits

  • Additionals benefits like ADIB Priority status, finance for additional costs are provided
  • Can add a joint account holder
  • Buyout loan facility is available
  • A grace period of 6 months is provided for salaried individuals
  • No processing fees

View details on bank page

Home Finance for Expats

minimum salary

Minimum Salary

AED 15K

flat rate

Flat Rate

2.06%

reducing rate

Reducing Rate

3.75%

loan amount

Loan Amount

AED 10000K

early settlement fee

Early Settlement Fee

1%

arrangement fee

Arrangement Fee

0%

down payment

Down Payment

25%

repayment

Repayments Up To

25 Years

minimum salary

AED 15K

Minimum Salary

flat rate

2.06%

Flat Rate

reducing rate

3.75%

Reducing Rate

loan amount

AED 10000K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

0%

Arrangement Fee

down payment

25%

Down Payment

repayment

25 Years

Repayments Up To

Advantages
  • Salary transfer is not mandatory
  • High benefits on salary transfer
  • Low/no partial settlement fees
Advantages
  • Salary transfer is not mandatory
  • High benefits on salary transfer
  • Low/no partial settlement fees

Features

  • Both self-employed and salaried individuals are eligible Minimum turnover of AED 3 Million is required for self-employed individuals Minimum age of 21 yrs is required Any additional earnings must be verified
  • The loan is provided at a fixed interest rate of 2.06%
  • Minimum salary of AED 15000 is required for salaried individuals

Features

  • Both self-employed and salaried individuals are eligible Minimum turnover of AED 3 Million is required for self-employed individuals Minimum age of 21 yrs is required Any additional earnings must be verified
  • Minimum salary of AED 15000 is required for salaried individuals
  • The loan is provided at a fixed interest rate of 2.06%
  • The loan is provided at a reducing interest rate of 3.75%
  • Transfering your salary to ADIB Bank account is not required
  • Finance is provided for a maximum tenure of 25 years
  • Insurance is mandatory
  • No processing fees are charged
  • Maximum loan amount of AED 10000000 is provided
  • 25% of the property value should be paid as down payment
  • 1% of the total loan amount is charged as early settlement fees

Benefits

  • Additionals benefits like ADIB Priority status, finance for additional costs are provided for salary transfer customers
  • Can add a joint account holder
  • Buyout loan facility is available
  • A grace period of 6 months is provided for salaried individuals
  • No processing fees are associated

View details on bank page

Frequently Asked Questions

Q. What is the minimum income required to be eligible for a home loan?

A. The minimum salary required for an ADIB home loan is AED 10,000 for UAE Nationals & AED 15,000 for Expats whereas for self-employed applicants annual turnover of AED 2,000,000(UAE Nationals)& AED 3,000,000(Expats).

Q. Can I get finance for under-construction properties as well?

A. No. ADIB home loan can be availed only for ready properties in the UAE region.

Q. What is the maximum loan amount provided?

A. The maximum finance provided on an ADIB home loan is AED 2 Million.

Q. Is there any grace period provided on the home loan?

A. Yes. 6 months grace period is provided on the ADIB home loan.

Q. What are the early settlement fees charged?

A. There are no early settlement fees charged if the loan holder is selling the property, else, 1% of the outstanding amount will be charged as early settlement fees.

Q. Can I make partial payments of my home loan?

A. Yes. ADIB home loan holders can avail partial settlement facility for free on no charges if the payment is up to 30%(per calendar year) of the outstanding loan amount.

Q. What is the age criterion that is eligible for a home loan?

A. For an ADIB home loan, the loan applicant must be of 21-70 years old.

About ADIB

ADIB is a Public Joint Stock company and is one of the largest banks in the UAE region. Its values include transparency in services, an atmosphere of hospitality and tolerance followed by nature of simplicity and sensibility.

ADIB stands as one of the best banks of UAE by carrying out all the transactions, contracts and services by abiding Ismalic Shari'a principles.

Get in touch with ADIB Customer Care

Ask questions and share your comments

We encourage our users to have discussion on questions they might have on financial products and help other users by sharing their insights. Kindly help us in making this site useful. We don't encourage any spam posts here. This is a public forum, so we request you to be safe by not disclosing personal information such as bank account or phone numbers etc. Please follow our posting guidelines. All the comments posted under MyMoneySouq official account are not reviewed by the financial institutions.