Check Eligibility for
FAB Home Loan Calculator
Top Home Loans
Top 10 Personal Loans
Popular Credit Cards
Popular Car Loans
Top Business Loans
Popular Life Insurances
Home Loan Provided ByFirst Abu Dhabi (FAB)
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.
Check Eligibility for FAB Home Loan
FAB Home Loan Calculator
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
2 Home Loans Provided By First Abu Dhabi (FAB)
Frequently Asked Questions
⭐ 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.
⭐ Can I get a loan clearance letter?
A. Yes. Loan clearance letter can be obtained on paying AED 99.75.
⭐ 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.
⭐ 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.
⭐ What are the fees charged for property insurance?
A. 0.0525% of the property value is charged as property insurance fees monthly.
⭐ What are the fees charged for loan rescheduling?
A. AED 3150 is charged as loan rescheduling fees.
⭐ Can I get pre-approval of the loan?
A. Yes. Pre-approval can be obtained on AED 525 as pre-approval fees.
⭐ 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.
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
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.