Standard Mortgage Loan

Home sweet home

ADCB helps you turn your dream home into reality. With the option of hybrid or variable rates, you can now choose the solution that suits your individual needs.

85% Up to

Finance of the property value for

UAE Nationals

80% Up to

Finance of the property value for

Expatriates

50% Up to

Finance of the property value for

Non-residents

4.74% From

Interest rates

per annum

Keep in mind

The interest rate mentioned on this page is applicable for Excellency/ Emirati Excellency customer segments. The applicable rate shall vary depending on customer segment and profile
A processing fee might be applicable to avail the facility.
For the duration of the loan, insuring the property and maintaining a life insurance policy are mandatory.
External evaluators will determine the property value, which may result in additional charges.
The maximum Loan To Value (LTV) offered depends on the current construction stage of the property, total property value and number of home loan facilities availed.
Hybrid loan interest rate structure implies fixed rate for initial years after which the variable rate based on relevant EIBOR + Margin applies

Key benefits

Dedicated ADCB Mortgage Centres will ensure convenient, seamless and stress-free home buying experience
Experienced and dedicated Mortgage Relationship Managers to guide you through the entire loan application process
Dedicated after-sales mortgage service and helpline
Ability to switch to a different mortgage loan variant anytime during the loan period
Flexibility to partially settle your mortgage loan anytime

Features

Option of Islamic or Conventional Home Finance
Financing up to 85% of property value for UAE Nationals, 80% for Expatriates and up to 50% for Non-residents
Competitive Interest Rates with following structures:
- Hybrid Structure - Fixed for initial years and variable thereafter
- Variable Rate Structure - Based on relevant EIBOR + Margin
Repayment tenure of up to 25 years for UAE Nationals and Expatriates and up to 15 years for Non-residents
Flexibility of partial settlement during the duration of the loan

Frequently asked questions

Terms and conditions

Documents required

Residents:

SR No	Salaried	Self-employed
1	Completed application form	Completed application form
2	Proof of booked property (if any) Declaration of source of down-payment	Proof of booked property (if any) Declaration of source of down-payment
3	Valid Passport, Visa & EIDA Card copy	Valid Passport, Visa & EIDA Card copy
4	Last 6 months bank statements copy	Last 6 months bank statements copy for both personal and company accounts
5	Salary Certificate, issued to ADCB and dated 30 days or less from date of loan application	Last 2 years audited financial statements copy (For loan value greater than AED 2.5 Million)
6	Salary transfer letter (if transferring salary to ADCB)	Valid Trade License copy (If applicable: Memorandum of Association/Articles of Association/Share Certificates)
7	Details of existing loans/liabilities	Details of existing loans/liabilities

Non-Residents:

Nationalities	Salaried	Self-employed
GCC (Saudi Arabia, Kuwait, Qatar, Oman, Bahrain) European Union (EU) USA Canada Australia New Zealand Singapore Hong Kong UK India Pakistan	Valid copy of Passport Latest Salary Certificate Latest 6 months' bank statement Tax returns for 2 years Credit Bureau report from AECB preferred. Else – Credit Bureau Report from country of domicile. Email received by the customer from the Credit Bureau of country of domicile to be attached on best effort basis	Audited financials of last 2 years Tax Returns for 2 years Latest bank statements for 12 months Credit Bureau Report of Self and Company MOA and/ or AOA of Company Shareholding Certificate (if applicable) Valid Trade License
All other Nationalities	Valid copy of Passport Latest Salary Certificate Latest 12 months' bank statement Tax Returns for 2 years attested by Ministry of Foreign Affairs (MOFA) of respective country of domicile and MOFA in UAE Credit Bureau report from AECB preferred. Else – Credit Bureau Report from country of domicile. Email received by the customer from the Credit Bureau of country of domicile to be attached	Other Nationalities – Not Open for lending. However if any case is submitted, same will be reviewed on merits Documentation in case of deviation: Audited financials of last 2 years Tax Returns for 2 years attested by MOFA of respective country of domicile and MOFA in UAE Latest bank statements for 12 months Credit Bureau Report of Self and Company MOA and/ or AOA of Company Shareholding Certificate (if applicable) Valid Trade License

Nationalities

Salaried

Self-employed

GCC (Saudi Arabia, Kuwait, Qatar, Oman, Bahrain)
European Union (EU)
USA
Canada
Australia
New Zealand
Singapore
Hong Kong
UK
India
Pakistan

Valid copy of Passport
Latest Salary Certificate
Latest 6 months' bank statement
Tax returns for 2 years
Credit Bureau report from AECB preferred. Else – Credit Bureau Report from country of domicile. Email received by the customer from the Credit Bureau of country of domicile to be attached on best effort basis

Audited financials of last 2 years
Tax Returns for 2 years
Latest bank statements for 12 months
Credit Bureau Report of Self and Company
MOA and/ or AOA of Company
Shareholding Certificate (if applicable)
Valid Trade License

All other Nationalities

Valid copy of Passport
Latest Salary Certificate
Latest 12 months' bank statement
Tax Returns for 2 years attested by Ministry of Foreign Affairs (MOFA) of respective country of domicile and MOFA in UAE
Credit Bureau report from AECB preferred. Else – Credit Bureau Report from country of domicile. Email received by the customer from the Credit Bureau of country of domicile to be attached

Other Nationalities – Not Open for lending. However if any case is submitted, same will be reviewed on merits

Documentation in case of deviation:

Audited financials of last 2 years
Tax Returns for 2 years attested by MOFA of respective country of domicile and MOFA in UAE
Latest bank statements for 12 months
Credit Bureau Report of Self and Company
MOA and/ or AOA of Company
Shareholding Certificate (if applicable)
Valid Trade License

Important Note

Mortage Calculator

Property Value

AED

AED 300000 AED 50000000

Down Payment

15%% 85%%

You will need to pay AED as up-front payment for the mortgage loan.

Loan Amount

AED

Interest rate

1.5 % 8 %

Tenure

Years

1 25

Monthly Installment

AED 0

Disclaimer

The figures are based on indicative rates selected and are for illustrative purposes only and do not apply to your loan. ADCB rates are subject to change. The computations is based on simulated figures and a number of underlying assumptions. Please consult your Relationship Manager/or visit the nearest branch or send ‘HOME’ as an SMS to 2626 for a call back to ensure that you receive complete information about our standard mortgage loan product.

Home Loans Standard Mortgage Loan

Home sweet home

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