FAB – Mortgage Loan for Residences in UAE

Mortgages

Features

Starting from 3.99% fixed for 2 Years
Post 2 years – the rate turns variable and is linked to MBR
Loan to Value of up to 80%
Loan tenor of up to 25 years
Loan amount up to AED 20 Million
Flexible repayment terms
Applicable to UAE nationals, GCC nationals (UAE residents & non-residents), and non-GCC expatriates residing in the UAE.
Minimum monthly salary of AED 15,000
Properties across UAE
Standard processing fee 1%