ADIB Smart Account

Check Eligibility for FAB
Home Loan

You are eligible to apply for a FAB
Home Loan .

You may not be eligible * to apply.

* Minimum salary AED 15000 required to apply for a FAB Home Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

FAB Home Loan Calculator

Home Loan Provided ByFirst Abu Dhabi (FAB)

Check Eligibility for FAB Home Loan

You are eligible to apply for a FAB
Home Loan .

You may not be eligible * to apply.

* Minimum salary AED 15000 required to apply for a FAB Home Loan .

Click here to check loans from other banks.

FAB Home Loan Calculator

ADIB Smart Account

Features of FAB Home Loan

  • Provides up to 80% of the property value as maximum finance
  • Maximum loan amount provided is 20 Million
  • Can get long repayments term
  • Low processing fees are charged
  • Can avail life and property insurance coverage
  • Provides loan for investments, residents, etc.

Eligibility Criteria of FAB Home Loan

  • A minimum salary of AED 15,000 is required
  • Only UAE nationals and expats are eligible

Documents Required of FAB Home Loan

  • Valid passport
  • Valid Emirates ID
  • Residence Visa(for expats)
  • Bank statements
  • Income proofs

Banks may ask for additional documents depending on the applicant's profile.

First Abu Dhabi (FAB) Home Loan Interest rates

FAB Bank

2 Home Loans Provided By First Abu Dhabi (FAB)

Mortgage loan for Residences in UAE

minimum salary

Minimum Salary

AED 15K

flat rate

Flat Rate

3.99%

reducing rate

Reducing Rate

7.23%

loan amount

Loan Amount

AED 20000K

early settlement fee

Early Settlement Fee

1.05%

arrangement fee

Arrangement Fee

1.05%

down payment

Down Payment

20%

repayment

Repayments Up To

25 Years

minimum salary

AED 15K

Minimum Salary

flat rate

3.99%

Flat Rate

reducing rate

7.23%

Reducing Rate

loan amount

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

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

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

View details on bank page

Mortgage loan for Investment

minimum salary

Minimum Salary

AED 15K

flat rate

Flat Rate

3.99%

reducing rate

Reducing Rate

7.2%

loan amount

Loan Amount

AED 20000K

early settlement fee

Early Settlement Fee

1.05%

arrangement fee

Arrangement Fee

1.05%

down payment

Down Payment

35%

repayment

Repayments Up To

25 Years

minimum salary

AED 15K

Minimum Salary

flat rate

3.99%

Flat Rate

reducing rate

7.2%

Reducing Rate

loan amount

AED 20000K

Loan Amount

early settlement fee

1.05%

Early Settlement Fee

arrangement fee

1.05%

Arrangement Fee

down payment

35%

Down Payment

repayment

25 Years

Repayments Up To

Features

  • Interest rates charged from 3.99%
  • Maximum tenure of 25 years is provided
  • Minimum monthly income of AED 15,000 is required

Features

  • Interest rates charged from 3.99%
  • Maximum tenure of 25 years is provided
  • Minimum monthly income of AED 15,000 is required
  • Maximum finance amount of AED 20 Million can be availed
  • Can get finance for up to 65% of the property value

Benefits

  • Can get finance to invest in real estate
  • Flexible repayment options

View details on bank page

Frequently Asked Questions

Q. For how long the interest rates are charged on a fixed rate basis?

A. For the first two years, the interest rates are charged on a fixed rate basis.

Q. Can I get a loan clearance letter?

A. Yes. Loan clearance letter can be obtained on paying AED 99.75.

Q. Can I settle my loan partially?

A. Yes. Partial settlement of home loan can be availed but AED 1.05% is charged as partial settlement fees.

Q. What are the charges for life insurance?

A. 0.0365% of the outstanding loan amount is charged as life insurance fees monthly. For example, if your outstanding loan amount is AED 1000K then AED 365 will be charged as life insurance fees.

Q. What are the fees charged for property insurance?

A. 0.0525% of the property value is charged as property insurance fees monthly.

Q. What are the fees charged for loan rescheduling?

A. AED 3150 is charged as loan rescheduling fees.

Q. Can I get pre-approval of the loan?

A. Yes. Pre-approval can be obtained on AED 525 as pre-approval fees.

Q. Is the pre-approval fees refundable?

A. No. the pre-approval fees are not refundable. It can be reimbursed with the processing fees when you get a mortgage loan from FAB.

About 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

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